Volkswagen, faced with a need to settling an estimated €16.2 billion in fines and expenses as a result of its emission cheating scandal could be considering selling some of its brands that include Ducati levied for its diesel emission scandal. Volkswagen AG will seek redemption in electric cars, autonomous driving and ride-sharing after its cheating on diesel-emissions technology observers said could lead to the sale of "non-core" businesses such as Ducati motorbikes or its diesel engines MAN’s Diesel & Turbo division, which specialises in stationary and ship engines, and Renk, which deals with gears and test systems, would also be put up for sale. Above: 2009 Ducati Sport 1000 S. The company might also look at consolidating its various An asset sale could be in the works Sources told Bloomberg that Italian motorcycle company Ducati could be one of the assets VW plans to ditch. German multinational MAN Diesel & Turbo — a marine engine producer — could also be on the chopping Ducati is, for VW AG, a jewel and will review its portfolio of assets, which could lead to the sale of non-core assets, Bloomberg reported on Tuesday citing sources. Tropical Storm Colin nears Florida; gov declares emergency The National Hurricane Much of its focus on diesel powered cars was designed to cater to European criticism that Piech sloughed off in his usual peremptory fashion. Now Ducati may go up for sale once again, along with VW’s heavy truck and marine divisions. .
VW said it would tackle costly complexity in parts and slim down its bloated 340-model range as well as review its portfolio of assets and brands which industry observers said could lead to the sale such as Ducati motorbikes or its diesel engines The company past year admitted including software to cheat emissions tests in some of its diesel models which industry observers said could lead to the sale of "non-core" businesses such as Ducati motorbikes or its diesel engines business for machinery. The scandal has cast a shadow over the entire market for diesel cars, which account for about brands which industry observers said could lead to the sale of “non-core” businesses such as Ducati motorbikes or its diesel engines business for machinery. which could lead to the sale of non-core assets, said the people. While no decisions have been made on which assets are expendable, ones that could end on that list include motorcycle brand Ducati, the MAN Diesel & Turbo business and propulsion specialist .
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