Volkswagen Group rejects $11.8 billion offer for Lamborghini – report

Volkswagen Group has declined an offer of AU$11.8 billion (US$9.2B) to sell the Lamborghini brand. According to British magazine Autocar, Volkswagen Group subsidiary Audi – charged with managing Lamborghini – has shown no interest in the idea. Whispers of the supercar manufacturer's sale persisted throughout late 2020, with industry insiders suggesting Volkswagen Group was preparing to offload both Lamborghini and Ducati, before the rumours were officially put to bed in December.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Donald Trump’s Lamborghini Diablo sets new auction price record

Honda confirms NSX successor in the works

Most anticipated new cars of 2018

2022 Nissan Qashqai and Pathfinder delayed, Juke and X-Trail production cut

How many cupholders are too many? | Drive Flashback

2018 Ford Mustang pricing and specs

Tesla cars to be banned from Chinese government buildings amid security fears — report

Bear Grylls’ SAS Gulf War buggy for sale, with optional machine gun