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VW board backs CEO’s reforms; retains Lamborghini and Ducati

November 12, 2019 / 0 Comments / 1077 / Blog

The Volkswagen Group board has backed the electrification reforms of CEO Herbert Diess, settling a potential boardroom bust-up at Europe’s largest carmaker. The announcement also confirms that Lamborghini and Ducati will remain within the group. Both brands had been at risk of being sold off.

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