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

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

JLR: Consumer confidence on the rise post-election

Volvo ‘ES90’ electric sedan due next year

Donald Trump’s Lamborghini Diablo sets new auction price record

Honda confirms NSX successor in the works

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

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

How many cupholders are too many? | Drive Flashback

New Alfa Romeo 33 Stradale supercar unveiled with petrol and electric power

2024 Mazda 3 update due this year with technology upgrade – report