The Volkswagen Group has fielded an offer for its supercar brand, Lamborghini, from a Swiss-based … [+]
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A consortium connected to the family of the late Volkswagen Group strongman Ferdinand Piech has made a stunning 7.5 billion unsolicited bid to buy Automobili Lamborghini.
The deal would come with five-year parts supply contracts with Lamborghinis nominal parent, Audi, and with five-year job security for middle-to-senior managers.
The Volkswagen Groups official position on Lamborghini has long been that the Italian supercar maker is not for sale, though it is not averse to offloading brands, with Bugatti set …
Read the full article at: https://www.forbes.com/sites/michaeltaylor/2021/05/25/volkswagen-recieves-75-bid-for-supercar-brand-lamborghini/
