VW plans Lambo review

Lambo rebalancing: A Lamborghini Sian FKP 37 is displayed at the company’s booth at the International Auto Show (IAA), in Frankfurt am Main. Volkswagen is said to be weighing a potential sale or stock listing of the Italian brand. — AFP

FRANKFURT: Volkswagen AG’s plan to review options for its Lamborghini supercar division marks a further step in chief executive officer Herbert Diess’ campaign to transform the world’s biggest automaker and more than double its market value.

The German manufacturer is weighing a potential sale or stock listing for the Italian brand, according to sources, as Diess channels resources to the main VW, Porsche and Audi units. No decision has been made and an earlier plan to move Lamborghini from under the Audi umbrella to Porsche remains an option, they said.