Turin. In a recent statement Volkswagen Group announced the overtake of the Italian design company Italdesign Giugiaro. The masterplan is, so Volkswagen, to redesign the group’s cars.

Volkswagen subsidiary, Lamborghini, is going to acquire 90.1 per cent of the design firm, which has about 800 employees. The remaining shares are in the hands of the Giugiaro family.

Giorgetto Giugiaro, designed the VW Golf I,  as well as the first Volkswagen Passat family sedan and the Audi 80, the Alfa Romeo Giulia Sprint GT, the DeLorean DMC 12.

Depending on regulatory approval, the takeover remains will take some time.

In 1968 Giorgio  Giugiaro (a former student of Giuseppe Bertone) and Aldo Mantovani founded the Turin design studio.