According to Autocar, Dr. Diess and Audi Chairman Markus Duesmann are fully aware of the offer made on the business, which was established in 1963 by Italian businessman Ferruccio Lamborghini.
The 58-year-old manufacturer of supercars has been under Audi’s ownership for 23 years, despite the company’s prior financial difficulties. From 1973 until Audi purchased it, it was transferred three times and even went bankrupt in 1978.
For US$110 million, Audi acquired Lamborghini in 1998 from Indonesian firm Megatech, which was also owned by President Suharto’s younger son.
Every one of its current models
the SUV Urus, the Hurucan, and the Aventador sports vehicles
rely on the production, development, and engineering resources of Audi.
The Volkswagen Group shares its MLB Evo architecture with the Volkswagen Touareg, the Audi Q5, Q7, and Q8, the Bentley Bentayga, and the Porsche Cayenne, making the Urus the most dependent of the three on Volkswagen Group components.
In order to preserve component supply and gain access to the Volkswagen Group’s pipeline for developing electric vehicles, Quantum Group may have also recommended a strategic cooperation with the automaker.
In This Article...
Audi owns Lamborghini, right?
In relation to the Volkswagen group, numerous well-known automobile brands are owned by this German automotive behemoth. Volkswagen currently owns all of Audi, Scania, and Porsche, as well as Skoda Auto, Lamborghini, and Ducati in its entirety. With some of the best and most recognizable automobile brands in the world, the Volkswagen Group obviously makes excellent brand selections.
In order to mobilize its populace for the future, the brand needed to have a car for the masses. Only a few of the models were produced before the start of World War II, at which point the factory shifted its focus to producing military vehicles.
Following the war, production of the company’s iconic Beetle began to pick up again, eventually reaching a total of over 21 million. Volkswagen’s corporate headquarters are in Wolfsburg, Germany. These assets are within the corporation’s control:
- Volkswagen
- Bentley
- Audi
- Bugatti
- Porsche
- SEAT
- Lamborghini
- Skoda
- MAN
- Scania
- Ducati
Daimler AG
Daimler-Motoren-Gesellschaft, established in 1899, combined with Benz & Cie in 1926 to create what is currently known as Daimler-Benz AG. The Mercedes brand, which was more well-known, has been around since the year 1900. The greatest models from Daimler were once raced by the company’s dealer, Emil Jellinek, who gave them the moniker Mercedes in honor of his daughter. Mercedes was eventually put on the radiators of road automobiles from Daimler by 1902 as a result of their success in competition.
Currently, Daimler AG owns:
- Mercedes-Benz
- Fuso
- Star Western
- Smart
- Freightliner
- India Benz
- Setra
- Thomas Founded
General Motors Company
General Motors, one of the most well-known corporations in the world, controls the majority of automobile brands. They have accumulated outstanding holdings in Holden Special Vehicles, Corvette, Peugeot, and Citron. Who said that Americans didn’t produce high-quality automobiles?
William C. Durant, who at the time owned Buick, formed General Motors in 1908. It later acquired companies including Cadillac and Oldsmobile. Before going bankrupt in 2009, the company owned a number of well-known automobile brands in the USA, including Saturn, Hummer, Pontiac, and Oldsmobile. Currently, General Motors is in charge of:
- Buick
- Cadillac
- Aubobaoijun
- Chevrolet
- GMC
- Holden
- Opel
- Jiefang
- Wuling
Hyundai Motor Company
Hyundai began operations as a construction company in 1947, soon growing to enter the automotive industry in 1967. They initially began producing a Ford Cortina that was built under license before introducing their own version, the Pony, in 1976.
The company Kia, which made bicycle components, first gained notoriety in 1944. By developing the K-360, a little three-wheeled truck made under license, it formally entered the car industry in 1962. Despite Kia’s insolvency in 1997, Hyundai seized control of the company and merged with it the next year.
Hyundai Motor Company is currently in charge of:
- Hyundai
- Kia
- Genesis
Honda Motor Company
In 1948, Soichiro Honda and Takeo Fujisawa established the Honda Motor Company, where they first began selling motorcycles. Before that, the company produced bicycle-attached clip-on motors. With the introduction of the tiny T360 truck and the S500 sports vehicle a few months later, the firm entered the auto industry formally in 1963.
Tokyo, Japan is home to the company’s headquarters, and the following are the markets it now dominates:
- Honda
- Acura
- Powersports Honda
There’s no doubting that Fiat, the largest automaker in Italy, has a ton of incredible brands to its name. This Italian automaker can be especially proud of its offspring, which include Chrysler, Ferrari, Alfa Romeo, and Lancia.
Italian automaker Fiat formally merged with American automaker Chrysler in October 2014 to form Fiat Chrysler Automobiles. When Chrysler emerged from bankruptcy in 2011 with Fiat as a partial owner, the procedure got under way. The Italian company eventually acquired enough shares to take control of the brand.
Although Fiat Chrysler Automobiles’ corporate headquarters are in London, the main Chrysler office in Michigan, USA, handles the majority of the company’s business. FCA owns the following trademarks:
- Chrysler
- Dodge
- Ram
- Fiat
- Jeep
- Aston Martin
- Lancia
- Maserati
There are some businesses in the auto industry that desire to remain independent and separate, despite the fact that many of them merge with or control other automobile manufacturers.
In contrast, there are others who are marked out in high school, and these individuals are singled out literally. Mitsubishi is another lone wolf, along with Suzuki and Mazda. However, Nikon Corporation and Mitsubishi Bank are owned by the Mitsubishi Corporation. Diverse.
Major auto dealership ownership can be divided into the aforementioned groups.
Just how many Lamborghinis has Audi purchased?
The Diablo would remain Lamborghini’s principal model throughout the 1990s, receiving regular updates throughout the company’s multiple ownership changes.
Another ownership change occurred as a result of the financial crisis that engulfed Asia in July of that year. Ferdinand Pich, the new chairman of Volkswagen AG and the grandson of Ferdinand Porsche, the company’s founder, went on a shopping binge in 1998 and bought Bentley, Bugatti, and Lamborghini. In September 1998, Lamborghini was purchased by Volkswagen subsidiary Audi AG for about US$110 million. [48] Lamborghini “might strengthen Audi’s sporty profile, and on the other hand Lamborghini may profit from [Audi’s] technical expertise,” according to Audi spokesman Juergen de Graeve in an interview with the Wall Street Journal. [31]
The struggling Italian automaker was reorganized and transformed into Lamborghini Holding S.p.A., a holding company that is headed by Audi president Franz-Josef Paefgen. As a result of becoming a subsidiary of the holding company, Automobili Lamborghini S.p.A. was able to concentrate solely on designing and producing automobiles while independent interests handled the company’s license agreements and marine engine production. Although initially in control, Vittorio Di Capua subsequently submitted his resignation in June 1999. Giuseppe Greco, a fellow industry veteran with prior work at Fiat, Alfa Romeo, and Ferrari, took his place. The GT, the final iteration of the Diablo, was unveiled in 1999 but was never exported to the United States because of its low production volume, which made it unprofitable to go through the process of receiving emissions and crashworthiness approval. 2,900 units of the Diablo were created during the course of its 11-year series production run by Lamborghini. [49]
The Murcilago replaced a ten-year-old Diablo flagship as the project’s final product.
Similar to how American ownership had influenced the Diablo’s design, Lamborghini’s new German parent had a significant impact on the creation of the Diablo’s replacement. Project L147, the first new Lamborghini in more than ten years, symbolized the company’s revival and was appropriately named after the bull that served as the ancestor of the Miura line and served as Ferruccio Lamborghini’s inspiration nearly 40 years earlier: Murcilago. The new design chief for Lamborghini, Belgian-born Luc Donckerwolke, fashioned the company’s flagship vehicle.
The Reiter Engineering-built Murcilago’s racing versions would succeed in motorsports.
In 2005, the Murcilago had an upgrade that included a more potent engine that produced 640 PS (471 kW; 631 hp) and was given the moniker LP 640, reintroducing the LP (Longitudinal Posteriore) naming pattern. A new single-clutch transmission called E Gear, which changes ratios using pedals located on the steering column, will also make its debut with the new vehicle. In the ensuing years, this transmission would gradually take the place of the manual transmission. While privateer racing teams would create their own racing variations that would be successful in motorsports, the Murcilago was not intended to compete in racing events.
The Gallardo, which was originally envisioned as the “Baby Lambo” while owned by Mimran, was released in 2003.
Lamborghini experienced stability that it had not known in many years under German control. Following the Murcilago in 2003, Lamborghini introduced the Gallardo, a smaller vehicle with a V10 engine that was designed to be more livable and accessible than the Murcilago. In the following years of production, the Gallardo would give rise to a number of variants, including the Spyder (a convertible version), the Balboni (a reasonably priced, rear-wheel-drive variant), and the Superleggera (a lighter and powerful track-focused version).
Walter de’Silva, who was in charge of only one vehicle during his tenure, the 2006 Miura Concept, was replaced as the head of design for Audi and Lamborghini in 2007 by Wolfgang Egger.
What did Volkswagen pay for Lamborghini?
Despite parent company Audi’s claims that the Italian supercar producer is “not for sale,” a Swiss-Anglo investment group aspires to acquire it. Automobili Lamborghini has a $9.2 billion ($7.5 billion) buyout offer from the Volkswagen Group.
Who is the owner of Audi?
Who owns Audi, one of the top German automakers still today? The Volkswagen Group subsidiary Audi has continued to make high-end automobiles that dazzle with their opulent features and superb performance while staying faithful to its German heritage.
Does Audi own Ducati?
In a deal that reportedly cost $860 million, Audi has acquired complete control of the Italian motorbike manufacturer. Audi acquired Ducati from Milan-based private equity company Investindustrial Advisors S.p.A. through its Italian supercar division Lamborghini.
Audi, a member of the Volkswagen Auto Group, plans to maintain the current Ducati management in place with a Lamborghini board member switching places with a Ducati board member. With the addition of the iconic Ducati brand, Volkswagen will now have a total of 11 well-known brands, except Porsche, which will be fully absorbed into the group when the 4.46 billion deal is finalized later this month.
Since its founding in 1926, Ducati has had a variety of owners, but Audi first showed interest in the motorcycle manufacturer in April when it first announced the partnership. Last year, Ducati and AMG collaborated to create a number of special edition motorcycles, but as soon as Audi’s intentions became obvious, the two companies cut all connections.
Currently, Ducati employs about 1100 people and produces only a small number of motorcyclesabout 42,000 per year. However, the business is profitable; its 480 million dollar revenue for the previous year. Audi and Lamborghini have both expressed interest in the lightweight technology developed by Ducati, and it is quite possible that the production methods that have increased Lamborghini’s output over the past ten years will be applied at the Borgo Panigale factory of Ducati.
VW owns Bugatti, right?
In order to create a new firm called Bugatti Rimac, Croatian electric supercar startup Rimac stated that it was purchasing Bugatti from Volkswagen. The Financial Times broke the news first.
Mate Rimac, who started the business as a one-man operation in a garage in 2009, will serve as its CEO. Since then, Rimac has grown to be a highly coveted brand, and other established manufacturers have requested the startup’s assistance in producing their own electric supercars.
Why that is is not much of a mystery. Rimac unveiled the Nevera earlier this year. It has four motors, 1,914 horsepower, a top speed of 258 mph, and can accelerate from zero to 60 mph in less than two seconds. The Nevera is anticipated to surpass the Bugatti Chiron as the fastest sports car ever produced.
In accordance with the agreement, Rimac will hold a controlling 55 percent stake in Bugatti, a French automaker with a history dating back to 1911 and known for its expensive supercars like the Chiron and Veyron. The remaining shares in Bugatti will be owned by VW’s Porsche brand. (The firms told FT that despite Porsche owning some stock in Rimac, its total holding will not give it a controlling interest in Bugatti.)
After purchasing Rolls-Royce and Lamborghini, Volkswagen paid $50 million to acquire Bugatti, which it has owned ever since. According to Porsche CEO Oliver Blume, this was an all-stock transaction, which means that no money was exchanged.
Both Bugatti Rimac and Rimac Technologies, a division of the business specializing in the development, manufacture, and distribution of battery systems, drivetrains, and other EV components, will be owned by Rimac Group. Rimac has provided auto parts over the years to Porsche, Hyundai, and, yes, Bugatti.
“Bugatti and Rimac will both continue as separate respective brands, keeping use of the current production and distribution infrastructure,” according to Rimac.
By combining resources and skills in research and development, production, and other fields, Bugatti Rimac symbolizes the organization that will shape the future of both Bugatti and Rimac automobiles.
Both businesses will continue to operate out of their individual locations, but Rimac intends to eventually combine their staff at the $200 million facility it is building in Croatia and expects to open in 2023.
“In the brief but fast growing history of Rimac Automobili, Mate Rimac remarked in a release, “This is a genuinely exciting time.” “We have experienced so much in such a short period of time, but this new endeavor raises the bar significantly. When it comes to the contributions that each of us makes, Rimac and Bugatti are a wonderful combination. We have positioned ourselves as an industry leader in electric technologies since we are a young, nimble, and fast-paced automotive and technology firm.
Rimac predicted that Bugatti would make hybrid models to the end of this decade while also having an electric vehicle this decade.