Earlier this week, a report surfaced saying Volkswagen was reviewing their options with Bugatti, Ducati and Lamborghini.
At the time, the automaker was said to be considering partnerships, restructurings or an outright sale due to shift towards electric vehicles and costs of developing new electric models which might not appeal to traditional buyers.
Fast forward to today and it looks like the company isn’t ready to ditch Lamborghini altogether. According to sources who talked to Reuters, Volkswagen has reached out to “bankers and potential investors about listing the Italian sports car maker on the stock market.”
Also Read: Lamborghini Has Built Its 10,000 Aventador
If this were to happen, Lamborghini would follow in the footsteps of Aston Martin and Ferrari which have gone public in recent years. Nothing has been decided and one person who talked to Reuters said “This is a first step which gives VW the option to list the unit further down the line.” Even if Volkswagen were to list Lamborghini, the company would reportedly remain in control of the automaker.
A decision about Lamborghini’s future could come as early as November and it appears the brand is discussing long-term supply deals which would make an IPO easier to carry out. Of course, there’s no guarantee a listing would be successful as Aston Martin turned into a penny stock whereas Ferrari’s stock price has more than tripled since its debut.
However, a listing could allow Lamborghini to receive fresh investment which could then be used to develop electric supercars. While electric Lambos might not appeal to everyone, they’ll likely be needed to ensure the company’s future as countries and states – such as California – have announced plans to ban sales of new vehicles powered by internal combustion engines.