Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5978
    -0.0027 (-0.45%)
     
  • NZD/EUR

    0.5534
    -0.0009 (-0.15%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    82.72
    +1.37 (+1.68%)
     
  • GOLD

    2,234.90
    +22.20 (+1.00%)
     
  • NASDAQ

    18,264.81
    -16.03 (-0.09%)
     
  • FTSE

    7,972.32
    +40.34 (+0.51%)
     
  • Dow Jones

    39,722.79
    -37.29 (-0.09%)
     
  • DAX

    18,507.87
    +30.78 (+0.17%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • NZD/JPY

    90.3670
    -0.4130 (-0.45%)
     

Standout Ducati Profitability Revives Hope VW Decides to Sell

Standout Ducati Profitability Revives Hope VW Decides to Sell

Turns out Volkswagen AG Chief Executive Officer Herbert Diess had a point when he touted Ducati as probably the most valuable motorcycle brand in the world. The Italian maker of luxury two wheelers, which the CEO has said may be sold, trumped all others except cash cow Porsche in terms of first-half profitability, according to figures published Friday by VW’s Audi. Operating return on sales surged to 9.5 percent from 8.2 percent, even as deliveries declined.