BERLIN (Bloomberg) -- Ferdinand Piech has added six brands during his two-decade tenure leading Volkswagen Group. Now he is about to add another with the purchase of Ducati.
BERLIN (Bloomberg) -- Ferdinand Piech has added six brands during his two-decade tenure leading Volkswagen Group. Now he is about to add another with the purchase of Ducati.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.