Volkswagen Denies Ducati Sale as Recall Bill and India Tax Fight Converge on a Stock Down 31%

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    "url": "https://www.ad-hoc-news.de/boerse/news/unternehmensnachrichten/volkswagen-denies-ducati-sale-as-recall-bill-and-india-tax-fight-converge/70193201",
    "title": "Volkswagen Denies Ducati Sale as Recall Bill and India Tax Fight Converge on a Stock Down 31% - AD HOC NEWS",
    "excerpt": "Volkswagen has moved to quash speculation that it is preparing to offload Ducati, with Italian industry minister Adolfo Urso telling reporters after a Friday meeting with company representatives that no disposal of the motorcycle brand is on the table. According to the ministry, investment and product plans for Ducati are proceeding as scheduled, and no decision has been taken on any change to its ownership structure. The denial lands as the Wolfsburg group juggles a far heavier set of operational and financial headaches, from a mass recall in its home market to a stalled joint-venture negotiation in India and a restructuring programme that has yet to be fully mapped out. News broke on Friday that Volkswagen must bring in close to 900,000 vehicles in Germany over possible corrosion on a steering mounting screw. The Tiguan, Touran, Golf, Golf Variant and Caddy are affected, spanning eleven production years. Globally, as many as 2,159,054 vehicles from the core brand could be caught up in the campaign. A spokesperson stressed there is no acute danger to drivers, though a steering failure cannot be technically ruled out. Fixing the issue will tie up considerable capacity across the service and workshop network - capacity that now has to be found on top of everything else. The timing could hardly be worse. Three weeks ago the company cut its full-year return target to a maximum of...",
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    "published_at": "2026-09-28T13:40:40Z",
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