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Friday, February 16, 2007

Volkswagen: Will keep luxury brands

Dr. Winterkorn has now answered some rumors which speculated that some luxury brands like Bugatti might be for sale.
Martin Winterkorn has moved to dispel rumours sweeping through automotive industry financial circles suggesting that Volkswagen was preparing to sell off Bugatti and Lamborghini. The new VW Group boss told German newspaper Suddeutsche Zeitung that 'development in the upper segments undertaken by Lamborghini and Bugatti had been advantageous for all the other brands under the German car maker’s control.'

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Source: Autocar


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