McLaren says reports of sale to Audi inaccurate, no change to ownership structure – Reuters

BERLIN, Nov 15 (Reuters) – McLaren Automotive said on Monday that reports that the business was sold to Audi (VOWG_p. DE) were incorrect, following an article in autos publication Autocar previously in the day mentioning that an acquisition deal had been reached.
” McLaren Group knows a news media report mentioning it has been offered to Audi. This is entirely incorrect and McLaren is seeking to have the story removed,” a business spokesperson said.
The representative did not respond straight to an inquiry as to whether discussions were ongoing with Audi.
” McLarens innovation strategy has constantly involved ongoing conversations and collaboration with appropriate partners and providers, including other carmakers, nevertheless, there has actually been no modification in the ownership structure of the McLaren Group,” they stated.
Audi said to Reuters it was “taking a look at numerous cooperation ideas” but neither validated nor rejected whether it was in discussion with McLaren about a possible sale.
Reporting by Victoria Waldersee, Christina Amann, Editing by Riham Alkousaa
Our Standards: The Thomson Reuters Trust Principles.

A McLaren 720S is assembled on the factory floor of the McLaren Automotive Production Centre Woking, Britain September 12, 2017. REUTERS/Chris J. Ratcliffe

Leave a Reply

Your email address will not be published.