Volkswagen group halts Ducati sale

Editor@Throttle|Updated: October 4, 2017 10:48
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Volkswagen Group has halted the possible sale of Ducati after opposition from its powerful labour groups. Ducati CEO, Claudio Domenicali informed workers that Volkswagen Group's supervisory board has decided to halt the sale process. The labour union leader, Bruno Papignani said that FIOM CIGL, the Italian metallurgical worker's union that represents Ducati employees opposed the sale of Ducati.

The good news for the VW Group is that Ducati is in the black. The brand delivered 55,451 motorcycles in 2016, which was up 1.2 percent on the previous year. This resulted in a profit of $60 million.

Article Source : DriveSpark