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Volkswagen Reportedly Rejected $9.2 Billion USD Investor Offer to Purchase Lamborghini: "Lamborghini is not for sale."

The Volkswagen Group has stated that it has no plans to sell Lamborghini following a report indicating that a bid had been tabled by a consortium for the Italian sports car brand. On Tuesday, Autocar […]

Swiss Bidder For Lamborghini Wants To Turn Brand Into Clean Energy And High Tech Benchmark

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 company's sale or IPO has been around for months, but VW's final decision is just that - final. Or is it? Following VW's rejection, Reuters reports that the Quantum Group announced that its proposed acquisition "would deliver attractive value to all sharehol...

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 company formed a consortium with London-based investment firm Centricus Asset Management. Autocar rep...