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ItalDesignBuyout

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    Volkswagen closes purchase of 90.1% of Italdesign Giugiaro     1281378720

    1974 Volkswagen Scirocco designed by Giorgetto Giugiaro
    The Volkswagen Group has completed its takeover of Italdesign Giugiaro (IDG) with the purchase of a 90.1 percent stake in the design studio. The shares in the company were purchased by Lamborghini – "owned" by VW Group member Audi ...

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    VW reportedly set to buy Italdesign Giugiaro     1274283600

    1974 Volkswagen Scirocco designed by Giorgetto Giugiaro
    The last several years have not been kind to the great Italian design houses like Pininfarina, Bertone and Italdesign. The first two have run into financial brick walls after getting over extended and required bailouts. Thankfully, ...

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