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Volkswagen Group Completes Buy Of Italdesign

Capacity to be expanded; Cieri and Willner new Executive Committee members. Giugiaro is Chairman.

by on Aug.10, 2010

"Italdesign has now become a permanent member of the Volkswagen Group."

The Volkswagen Group has completed the acquisition of Italdesign Giugiaro S.p.A. (IDG), Turin. Volkswagen now holds a 90% in IDG, including the brand name rights and patents. The remaining shares will stay in the possession of the present owner family Giugiaro.

Ralf-Gerhard Willner (49) and Salvatore Cieri (53) have been appointed to the Executive Committee of the Board of Directors of IDG.

“Italdesign has now become a permanent member of the Volkswagen Group. Given the full order books and numerous interesting projects, the perspectives are better than ever,” said Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft.

“In view of our ongoing model initiative and the associated development and design assignments, we will be expanding Italdesign’s highly-motivated and productive team,” Winterkorn added.

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Milestones: 100,000 Gen 3 VW Scirocco Coupes

Thirty six years ago a lovely Giugiaro-sculpted coupe appeared.

by on Aug.06, 2010

A notable Giugiaro design started the sales run.

At the VW Automóveis Ltda. plant in Portugal today the hundred-thousandth third-generation Scirocco rolled off the production line.

Since its launch in 1974, this compact sports coupe has been the most successful Volkswagen two-door, with more than 800,000 sold to date.

Another notable Giugiaro coupe is the breathtaking beautiful Alfa Romeo Giulia Sprint, of course, but it is the exact opposite of the original angular Scirocco.

The 100K model is a Scirocco R 2.0 TSI, in “Rising Blue Metallic,” with a black interior, radio navigation system, and a tilting sunroof.

Volkswagen also produces the Volkswagen Eos, the new Sharan and, since 2008, the third generation of a reborn Scirocco at the plant.

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