2010
VOLKSWAGEN TAKES MAJORITY SHAREHOLDING IN ITALDESIGN GIUGIARO
  • Volkswagen takes 90.1 percent stake in internationally renowned design and development services company
  • Expansion of capacity and competence for global model initiative
  • Volkswagen Board of Management Chairman Winterkorn: “New era in strategic partnership between these two companies”

Wolfsburg/Turin, May 25, 2010

The Volkswagen Group and Italdesign Giugiaro S.p.A. (IDG), Turin, are to intensify their successful cooperation, putting it on a new footing. This was announced by both companies at a joint press conference in Turin on Tuesday. The Volkswagen Group will take a 90.1 percent stake in IDG, including the brand name rights and patents. The shares are being acquired by AUDI's Italian subsidiary Lamborghini Holding S.p.A. The remaining shares will stay in the possession of the present owner family Giugiaro.

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VOLKSWAGEN AG INVITES GERMAN CHANCELLOR TO JOURNEY TO THE FUTURE
  • Group presents to Angela Merkel the new Golf blue-e-motion with E-drive
  • Audi and Porsche show sports car world of tomorrow to federal government
  • Germany initiates “National Platform for Electric Mobility” in Berlin

Wolfsburg / Berlin, 2 May 2010

Tomorrow, at the Brandenburg Gate in Berlin, German Chancellor Dr. Angela Merkel will be viewing a top-notch range of future electric and hybrid vehicles from the Volkswagen Group at an event marking the founding of the “National Platform for Electric Mobility” – a new alliance dedicated to promoting sustainable mobility. The German Chancellor will have the opportunity to view the Golf blue-e-motion – at its world’s first public showing − and will also see the Berlin Taxi that is as compact as it is cleverly designed. Audi and Porsche are presenting two innovative sports car concepts to the government leader – the Audi e-tron and the Porsche 918 Spyder. The range of electric cars on display will reflect the Group’s broadly based expertise in electric mobility. At the same time, these cars excite expectations for the future and the world of tomorrow, which – and a glance at the Golf blue-e-motion, the Berlin Taxi, the e-tron and the 918 Spyder illustrate this well – will in large measure be powered with zero emissions, but will certainly not generate zero passion for driving.

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Volkswagen Group takes majority shareholding in Italdesign Giugiaro
The Volkswagen Group and Italdesign Giugiaro S.p.A. (IDG), Turin, are to intensify their successful cooperation, putting it on a new footing...
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