Advertisement
UK markets close in 6 hours 14 minutes
  • FTSE 100

    8,091.75
    +51.37 (+0.64%)
     
  • FTSE 250

    19,728.23
    +8.86 (+0.04%)
     
  • AIM

    755.12
    +0.43 (+0.06%)
     
  • GBP/EUR

    1.1673
    +0.0028 (+0.24%)
     
  • GBP/USD

    1.2521
    +0.0058 (+0.47%)
     
  • Bitcoin GBP

    51,195.25
    -1,876.11 (-3.54%)
     
  • CMC Crypto 200

    1,361.17
    -21.40 (-1.55%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.83
    +0.02 (+0.02%)
     
  • GOLD FUTURES

    2,339.40
    +1.00 (+0.04%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,987.97
    -100.73 (-0.56%)
     
  • CAC 40

    8,057.65
    -34.21 (-0.42%)
     

Luxury brands Bugatti and Lamborghini to be headed by one chief from December

Paris Auto Show

BERLIN (Reuters) - Bugatti President Stephan Winkelmann will also become head of luxury brand Automobili Lamborghini, taking on a double role from December, parent group Audi <NSUG.DE> said on Wednesday.

The move comes at a time when Audi's owner Volkswagen <VOWG_p.DE> is legally separating its Lamborghini supercar and Ducati motorbike brands, as it seeks to streamline its operations and focus on mass-producing electric cars.

As Lamborghini chief, Winkelmann will succeed Stefano Domenicali, who will move to the Formula One as head of racing, Audi said.

(Reporting by Kirsti Knolle; Editing by Riham Alkousaa)