Italy seeks to protect Ducati from Volkswagen job cuts
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
At a glance
- Italy's industry minister said the government is working with Ducati's chief executive to protect the motorcycle maker from Volkswagen's restructuring and planned job cuts.
- Adolfo Urso called Ducati a symbol of Italian manufacturing and said the government would use available tools to support its sporting, technological and commercial success.
- Volkswagen plans to cut up to 100,000 jobs by 2030 as it faces Chinese competition in Europe, weaker sales in China and US tariffs.
Italy is moving to shield Ducati from the deep restructuring at its German parent, Volkswagen. Industry Minister Adolfo Urso said he had met Ducati CEO Claudio Domenicali and agreed on a roadmap to protect the motorcycle brand.
Urso described Ducati as a company of major national importance and a symbol of Made in Italy. In a message posted on X, he said the government would use the tools available to ensure Ducati could continue representing Italy through its sporting, technological and commercial achievements.
The minister also highlighted the company as an example of "excellence and quality." Ducati, founded in Bologna in 1926, has belonged to the Volkswagen group since Audi acquired the Italian brand in 2012.
This morning I met with Ducati CEO Claudio Domenicali, agreeing on a roadmap that will allow us to safeguard such an important company, a symbol of Made in Italy, of which we are all proud.
Volkswagen is carrying out a broad adjustment plan that includes reducing the number of models and cutting jobs. The group already had a plan to eliminate 50,000 positions and has approved another 50,000 cuts through 2030, potentially affecting 100,000 jobs in total.
The German automaker is also examining the future of some plants and brands, including Seat. EFE reported that the group is struggling with strong competition from Chinese manufacturers in Europe, falling sales in China and US tariffs.
excellence and quality
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.