- Some of Volkswagen Group’s noncore assets could be sold since it’s likely that the company could announce that it will review its brand portfolio, according to people familiar with the matter. So far there haven’t been any decisions made as to which divisions will be sold off, but the list could include Ducati, MAN Diesel & Turbo, and the propulsion company MAN Renk. Scania may also be part of that list along with the rest of the truck manufacturing entities currently under Volkswagen Group’s umbrella.
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Selling off parts of Volkswagen, however, is a sensitive topic because unions and the German state of Lower Saxony — which is the second largest shareholder of the Volkswagen Group — want the company to stay large and aren’t keen on seeing it shrink.
I think I should get my eyes checked cause I did not see this coming.