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Volkswagen: to boost stake in diconium to 100%

(CercleFinance.com) - Volkswagen said that it will increase its stake in digital transformation expert diconium from 49% to 100% after the two companies decided to further expand their cooperation.


With the acquisition of all the company's shares, VW said it plans to strengthen its capabilities in digital sales.

Plans include the development of a global online sales platform, which will enable customers of all the group's brands to purchase and manage digital services and on-demand functions for their future connected vehicles, the carmaker said.

Volkswagen first announced the acquisition of 49% of diconium in November 2018.

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