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Sustainable Business

Breakingviews

Breakingviews - Preferred wheels of nouveau riche worth a fortune

If buying a sports car is a classic sign of mid-life crisis, then Volkswagen appears to be maturing gracefully. The Wolfsburg-based automaker is mulling a sale of iconic Lamborghini – the cherished automotive bling of nouveau riche crypto-traders and the offspring of sheikhs showing off on Instagram. Given VW’s planned shift to electric cars, disposing of the gas-guzzling Italian car marque at a hefty profit is eminently logical.

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