Volkswagen closes purchase of 90.1% of Italdesign Giugiaro
August 9, 2010 by admin
Filed under Design and Style
Filed under: Volkswagen, Design/Style
1974 Volkswagen Scirocco designed by Giorgetto Giugiaro
The Volkswagen Group has completed its takeover of Italdesign Giugiaro (IDG) with the purchase of a 90.1 percent stake in the design studio. The shares in the company were purchased by Lamborghini – “owned” by VW Group member Audi – and the remaining 9.9 stake is [...]
Saab-Spyker is Go: EIB reportedly approves 400M euro loan, Spyker shareholders agree to Saab purchase
Filed under: Europe, Saab, Earnings/Financials, Spyker
Spyker-Saab is reportedly passing “Go” and collecting $547 million while they’re at. According to Automotive News, the €400 million loan courtesy of the European Investment Bank (EIB) has received final approval. There’s even more good Saab-related news (that almost feels weird to type) – Spyker shareholders have approved the “we’re [...]
