The Germans ended the acquisition of majority stake in lItaldesign Giugiaro S.p.A. (IDG).
VW Group HQ announced that they now own the rights to the trademark and all patents of lItaldesign Giugiaro SpA (IDG). The Group owns a 90.1% stake in Italian design studio and the remaining 9.9 percent are owned by Giugiaro.
Read the rest of VW Group took over 90.1% of Italdesign Giugiaro »
Volkswagen intends to buy a controlling stake of the Italian design studio Italdesign Giugiaro. According to the publication of Automotive News Europe, the deal will officially be announced next week. So far, representatives of both companies refuse to give any statement.
Buying Giugiaro studio is associated with the German group plans to achieve growth in sales of its models to 10 million per year to 2018. To achieve that the Volkswagen Group plans to release a dozen new models but they need new designers and fresh ideas.
Volkswagen has introduced the 2013 Jetta Hybrid at the North American International Auto Show.
The concept car E-Bugster is a Beetle that could hardly be made to look more dynamic. Actually, it is a [...]
Schmidt Revolution has introduced a new tuning program for the Volkswagen Golf GTI (Mk5).
WP Cumulus Flash tag cloud by Roy Tanck and Luke Morton requires Flash Player 9 or better.
