February 3, 2023

Rumor no more, VW buys Italdesign Giugiaro

You may remember the reports of a possible buying of Italdesign Giugiaro by Volkswagen AG and I am pleased to see some confirmation on the situation as the German group announced the future purchase a controlling stake today. The official figure desired by VW is a whopping 90.1% of the Italian design and engineering company.

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