The sale of the classy Italian two wheeler manufacturing company, Ducati, is been in news for quite a long period of time. Many of the companies including, some of the Indian biggies were in hunt to own the company.
Now, the speculations are over and it is Audi, who is now owning the two wheeler major. The transaction will be completed as quickly as possible once authorized by the competition authorities.
"Ducati is known worldwide as a premium brand among motorcycle manufacturers and has a long tradition of building sporty motorcycles. It has great expertise in high-performance engines and lightweight construction, and is one of the world's most profitable motorcycle manufacturers." said Mr. Rupert Stadler, Chairman of the Board of Management of AUDI AG.
"We must use the opportunities offered by globalization for Audi-and that's exactly what we're doing. Everyone at Audi is looking forward to working with our new colleagues from Ducati" commented Mr. Peter Mosch, Chairman of the General Works Council of AUDI AG