Volkswagen AG is considering options for its Italian sports car brand Lamborghini, including a sale or stock listing, Bloomberg News reported Oct. 11, citing people familiar with the matter.
The German automaker reportedly looks to double its market value and get ahead of an expected industry shakeout through an overhaul.
Volkswagen has begun preparations to turn Lamborghini into a separate legal entity, the report said, adding the process might conclude toward the end of next year.
Volkswagen group CEO Herbert Diess is planning to raise Volkswagen's market value to €200 billion from about the current €81 billion, Bloomberg noted.
The German automaker declined to comment on the matter to S&P Global Market Intelligence.
