According to Automotive News Europe sources, Volkswagen AG will officially announce their take over of Italdesign Giugiaro S.p.A on Tuesday (European time, not our time) as mentioned in previous articles. If things go through, Volkswagen will be buying up a huge 90 percent stake in the design company that had a hand in cars such as the original Lotus Esprit. The Giugiaro family will retain 10 percent of the family business that surrounds Italdesign co-founder Giorgetto Giugiaro and his son Fabrizio, 45, who heads the design and model division. The move will further help in VW’s plans in strengthening its global brand.
Looking to sell your car? Sell it with Carro.
ouch ..
then they now know Proton new projects :P
Maybe this will mean less carmakers will use Giugiaro services. I really think this is a good move and wise decision by VW. Maybe they will kowteam another carmaker to take over Seat for 1Euro too.
Proton should buy it first
I can’t believe that this is happening! But well, no doubt that VW will be having much more better designed cars with the one of the best mechanical components found in the cars…I strongly believe that VW will be one of the most powerful Auto Car company in the world.
cant the vw just pay the firm for the designs instead of acquiring them? now other people may not be able to access the firm any more because it has become internal department of vw…=(
Maybe that’s the whole point :P
Lotus owned by Proton but still consults other carmakers on vehicle dynamics. Surely an arrangement can be done between VW & Giugiaro. If not the company will die like that.
im jus curious , can the EU approve all those acqusitions made by VW despite the tough anti competition laws….this soon becomes a monopoly
Car design by Giugiaro
Alfa Romeo 159
Alfa Romeo Alfasud
Aztec—1988 Convertible
BMW Nazca C2
BMW Nazca C2 Spider
Brilliance BS6[2]
Bugatti EB118 Concept
Bugatti EB218 Concept
Chevrolet Corvette—2003 Moray Concept
Daewoo Matiz
Daewoo Lacetti
Daewoo Lanos
Daewoo Kalos Dream Concept
Daewoo Kalos aka Chevrolet Aveo, Holden Barina, Pontiac Wave, Suzuki Swift+
De Lorean DMC-12
Ferrari GG50
Fiat 850 Sport Coupe
Fiat Grande Punto
Fiat Panda 1980
Fiat Punto 1993
Fiat Sedici
Fiat Uno
Ford Mustang—1965 by Bertone, Giugiaro 2007
FSO Polonez – in 1978
Hyundai Pony
Hyundai Sonata
Isuzu Piazza
Lamborghini Cala
Lancia Delta
Lancia Megagamma
Lotus Esprit—1972 Concept
Maserati 3200 GT
Maserati Coupe
Maserati Quattroporte
Morris Ital
Proton Persona
Quaranta Concept
Scighera
Saab 9000
SsangYong C200 Concept
SsangYong Rexton
Suzuki SX4
Suzuki X-90
Subaru SVX
SEAT Ibiza 1984
SEAT Ibiza 1993
SEAT Toledo 1991
Toyota Alessandro Volta
Toyota Aristo / Lexus GS
Volkswagen Golf
Volkswagen Scirocco Mk 1
Volkswagen Nardo Concept
Zastava Florida
Proton Hybrid Concept [3]
After this we can see better lookin vW…..esp the not so good lookin jetta sedan and eos
Just like Proton owned Lotus, every design and project has their own agreement and patent attached to it…they (VW) cannot just pluck it out for their own usage…if not Proton could have used all the technologies in the Lotus bin to enhance its product…classic example is Campro engine…they could of just use the system designed for Porsche if the could, but just could’nt without breaching their agreement to the client…