VW Preparing Lamborghini, Ducati for Possible Ownership Changes

Volkswagen AG is preparing its Italian units for strategic options such as an initial public offering or sale, in a bid to convince investors the asset review it began four years ago might still yield more meaningful results.

Lamborghini, Ducati and Italdesign will be folded into a structure that would allow the German manufacturer to act if a decision is made to change ownership, VW Chief Executive Officer Herbert Diess said Monday in a presentation to analysts.

“We are, let’s say, bringing it into a legal structure where we could act,” Diess said, adding that no decisions on divestments have ...