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VW Group to split brands under four holding companies

The Volkswagen Group is planning a tremendous shift in its internal structure that will decentralize operations by splitting its 12 brands into four different holding companies. Here's the breakdown. Things will be split logically, considering the inter-sharing of parts, platforms, and engines. The Volkswagen brand, Seat, and Skoda make up a passenger vehicle division led by former BMW man Herbert Diess. Audi, which is tightly intertwined with Lamborghini and motorcycle manufacturer Ducati, will be managed by current Audi exec Rupert Stadler. Porsche and Bentley, which are already quite close, will be joined by Bugatti and run by Matthias Mueller. Finally, a commercial vehicles division will include Volkswagen Commercial, Scania, and Man. Former Daimler exec Andreas Renschler will take care of the big vehicles. The massive move, according to Automotive News Europe, is part of an internal VAG effort to move away from the structure established by ousted Chairman Ferdinand Piech, who favored a compact, but highly centralized, management structure to oversee the independent actions of the company's brands. Criticism of Piech's arrangement stemmed from the company's slow responses to changes in the market, ANE reports. The new structure should make for a more efficient, streamlined company that's better able to make crucial decisions. What are your thoughts? Should VAG decentralize, or did Piech have the right idea? Have your say in Comments.

New Lamborghini Countach teased again with three images

Lamborghini posted three more teaser photos of the coming Countach resurrection to its Instagram page. We'll have to let the pictures do most of the talking since we don't have any more information than we did when the first tease dropped a couple of days ago. We get a shot of a nose unlike any other Lamborghini in the current stable. A narrow black grille just inches wide splits the upper and lower section of the front fascia, recalling the area where the original exotic placed its black front bumper and fog lights. The name "Countach" appears on the right side of the coupe, in all lowercase letters just like the original, but stretched and angular befitting the brand's modern design language. A second shot exposes the engine cover, this a new design based on the clear cover that can be fitted to the Aventador. Three flat hexagon panels, thickly bordered in black, step down from the roof to the tail. Beneath them is the longitudinal and posterior V12 portion of the LPI 800 powertrain. The initialism stands for Longitudinale Posteriore Ibrido, and we're still waiting for any information on that last bit, the hybrid. The V12 in the Lamborghini Sian FKP 37 received help from a supercapacitor, but that special edition didn't get official designation as a hybrid. The last car from Sant'Agata to do so was the 2014 Asterion LPI 910-4 concept from the 2014 Paris Motor Show. The Asterion hid a V10 in back for the rear wheels, and two e-motors with a combined 296 horsepower on the front axle powered by a lithium-ion battery. The Sian produces about 785 horsepower, the Countach will deliver about 789, the Aventador S makes 690. So Lamborghini isn't using electricity to chase gaudy numbers. Yet.   The last pic presents the area behind the side window. This is a slightly tighter shot of an image that a site called Lamborghini Specs posted a few days ago, snagged somehow from the automaker's customer-only site, Lamborghini Unica. This reveals a Huracan-like intake treatment, the opening descending from the roof to the rear fenders. Ahead of the intake, a row of slats harks back to Gandini's Countach prototype that arranged a flat row of vents along the fender, just behind the glasshouse. The fender is decorated with a cap that could be the fuel filler or a charging port or something else.

Lamborghini has been developing an IPO strategy 'for a long time'

Porsche AG isn’t the only Volkswagen AG brand that has been quietly preparing for a potential initial public offering. Italian luxury-car maker Lamborghini has been developing a strategy how to present itself to stock-market investors since well before Volkswagen asked each of its brands to come up with virtual equity stories, according to the unitÂ’s Chief Executive Officer Stephan Winkelmann. “WeÂ’ve been working on this with other agencies in order to create clarity,” Winkelmann said. “As a brand, weÂ’ve done so for a long time, to show what worth, what value we have. Up until a little while ago, it wasnÂ’t so well known.” Porsche became EuropeÂ’s most valuable automaker last month, when its market capitalization overtook that of VW a week after its IPO in Frankfurt. The debut of the 911 maker was a bold move into public markets, which have been largely shut for most of the year. VW CEO Oliver Blume has said he sees the listing as a blueprint to unlock more value from the groupÂ’s brands that also include Audi and Bentley. “An IPO drill is exactly what you do to show the public how solid you are and what is in progress for the future,” Winkelmann said. “We have a clear story and strategy for that.” Audi, which oversees VWÂ’s premium brands, said last month there are no concrete plans for an IPO of Lamborghini. A previous push to potentially spin off the carmaker and motorcycle brand Ducati ran into opposition from labor leaders. Still, LamborghiniÂ’s recent profit gains -- including a 31.9% operating margin in the first half of this year -- make a solid case for a stock-market listing, said Michael Dean, an analyst at Bloomberg Intelligence. “An IPO is something that could potentially happen in the next 18 months, depending on market conditions,” Dean said. “A ˆ15 billion valuation is entirely justifiable and could be even higher, given the margin metrics.” LamborghiniÂ’s deliveries rose 8% to 7,430 vehicles in the first nine months of the year. Operating profit climbed 69% to ˆ570 million ($567 million). Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini teases Huracan Sterrato tackling terrain