≡ Menu

Volkswagen: Working on 11th and 12th brand?

Ferdinand Piech
According to this report Volkswagen is eyeing to integrate two more brands into the group and it looks like there will be some announcements already this year.

The iconic head of Volkswagen’s supervisory board, Ferdinand Piech, said Monday that Europe’s biggest car maker should have two more brands.

“Twelve is a good number,” Piech told media during an event organised by VW ahead of the 63rd Frankfurt auto show which opens Thursday.

VW already has 10 brands, and is integrating its latest acquisition, Porsche, among others that include Audi, Lamborghini, Seat and VW.

Piech declined however to name the brands he would like to add next.

“Talks are already underway,” he noted. “Let yourself be surprised this year.”

Related news: , ,

Source: Drive