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Porsche's Great-Grandson Desperately Wants Lamborghini

Details of the proposal are here. In somewhat unexpected news earlier this week, the Volkswagen Group received a $9.19 billion offer to buy Lamborghini from Swiss holding company Quantum Group AG. The German automaker quickly turned down the offer by making it very clear Lamborghini was not for sale. Speculation about the Italian supercar companys sale or IPO has been around for months, but VWs final decision is just that - final. Or is it? Following VWs rejection, Reuters reports that the Quan...
Ferdinand Piech Toni Piech Ferdinand Porsche Vw Group Quantum Group Volkswagen Group

Lamborghini acquisition proposal follows EV supercar plan

18 people found this useful Volkswagen Group have reportedly received a letter of intent from a holding company keen to pursue the acquisition of its Automobili Lamborghini supercar brand. Autocar magazine said in a report published today (May 27) that it has seen the document which details a planned offer of €7.5 billion (£6.49bn) and a plan to upscale production and launch a pure electric performance vehicle by 2025. The offer is said to come from Quantum Group AG, a Zurich-based holding c...
United Kingdom City Of Stephan Winkelmann Ken Choo Quantum Group Volkswagen Group

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Offer of $9 billion for Lamborghini rejected by Audi

Offer of $9 billion for Lamborghini rejected by Audi Offer of $9 billion for Lamborghini rejected by Audi Offer for sports-car brand made by Switzerlands Quantum Group, motoring magazine says Staff and wire reports Print Audi has no plans to sell Lamborghini, a spokesman for the carmaker said after European media reports about a 7.5 billion euros ($9.19 billion) offer for the sports-car brand. "This is not the subject of any discussion within the group," he said. "Lamborghini is not for sale." ...
United Kingdom Anton Piech Ferdinand Piech Markus Duesmann Bernd Osterloh Vw Group

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