Market listing an option for VW's US Scout brand, CEO tells paper

5 days ago 5

Reuters

Mon, May 11, 2026 astatine 1:06 AM CDT 1 min read

BERLIN, May 11 (Reuters) - Volkswagen's U.S. marque Scout was designed from the commencement to ‌pursue a imaginable banal marketplace listing ‌or to let strategical investors to instrumentality a stake, ​its CEO Scott Keogh told regular Handelsblatt, arsenic it explores caller backing options.

• Scout was deliberately acceptable up arsenic a stand-alone entity, Keogh ‌said. Outside superior ⁠was "an enactment that is connected the table", Keogh said successful the interrogation ⁠with the German concern newspaper

• Keogh pointed to U.S. concern funds focused connected what helium ​called the ​country's "industrial renaissance", without ​naming circumstantial investors

• Volkswagen ‌wants to usage Scout to summation its tiny U.S. marketplace share, but interior doubts person grown implicit launching a caller electrical portion astatine a clip of weakening demand, Handelsblatt said

• ‌Keogh said that the ​bet connected robust trucks and ​SUVs with ​so‑called scope extenders had paid off, ‌adding that 87% of much ​than 170,000 ​pre-orders were for that thrust type, according to the paper

• Production of a caller ​Audi exemplary ‌on Scout's flexible level was besides possible, ​Keogh told the paper

(Reporting by Kirsti ​KnolleEditing by Ludwig Burger)

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