Report: One of the most symbolic car design companies in the world is for sale

Volkswagen bought 1.5 % of Italian Car Design Company (Italiadesign) in the year. The company is responsible for designing some of the most symbolic sports cars and Supercar of all times. The purchase was made by Lamborghini, a subset of Volkswagen, and is currently operating under Audi’s supervised (another Volkswagen subsidiary).

It seems that the German company is planning to sell Italian. According to the Automotive News report, Ital -Radzin union officials have been told that Volkswagen is preparing for the company’s sales. Apparently, a meeting on May 9 with its staff at the headquarters in Italy is scheduled.

The first was released by the Italian media Corriere Della Sera. According to the report, Audi is not only investigating the company’s possible sales, but also pursuing it seriously. There are currently no names as potential buyers, but the staff in Turin, Italy, are very concerned about the outcome. After the May 6 meeting, another appointment will be held to meet with the members of the Turin Industries Union on May 5.

The city of Turin, once a booming place to design a car worldwide, has suffered many problems in recent years. For example, Burton was closed in year 6, and after the reopening of the year with new owners, there has been little news about the company’s announced supercar. The famous Pininfarina Company was sold to Indian Mahindra Company. At least Italadisin remained in Europe with the sale to Volkswagen. But now, despite the stunning advances in the automotive industry in China, it is not surprising that this old and prestigious Italian company will soon be sold to Chinese owners.

This possible sales indicate serious problems with Volkswagen. Despite the increase in the sale of electric cars, the production group is struggling with many financial problems, which has closed several production lines in Germany so far. The company seems to be planning to reduce its workforce over the next five years, and it seems to be part of the reduction in the decline.

Whatever the result, the history of Italian will not change. The company has introduced several stunning cars to the world over the years; The BMW M1 is one of the company’s most symbolic designs. Lamborghini Gallardo, Lotus Esprit, Maserati MC12 and Delorean DMC-12 are some of their most famous designs.