It’s now official – Volkswagen has taken a 90.1% stake in Giugiaro Italdesign through Lamborghini S.p.A. Perhaps it makes sense politically for an Italian company to takeover another, but the outcome is the same – VW has taken a majority stake in Italdesign Giugiaro – 90.1% – through its Italian subsidiary Lamborghini Holdings S.p.A. Just as we […]
Volkswagen to buy Giorgetto Giugiaro’s Italdesign?
It’s being reported that Volkswagen are planning to take a majority stake in Italian Design Studio Italdesign, owned by Giorgetto Giugiaro It’s probably a fair bet – or at least was and has been for some time – that Volkswagen would be in the frame to buy an motoring asset that comes on the market. […]
Volkswagen Brands – enough for now
VW’s CEO , Martin Winterkorn, has said that VW has enough brands and won’t be seeking to expand further by acquisition. Volkswagen seems to be on a world domination plan. Audi is expanding with every passing day and the VW Group (Auto Union to be) has an unrivalled list of brands under its umbrella, including […]