VAG buys 90.1% stake in Italdesign Giugiaro S.p.A.

[S&H]

http://carscoop.blogspot.com/2010/05/volkswagen-group-buys-901-of-italdesign.html

[nath_mk6]

Yeah saw this somewhere else last week I think it was. VAG is going well the addition of this will hopefully result in some spectacular new cars moving forwards across the company. What with the porshe acquisition going through next year and the current 19% stake in Suziki (looking at more too from what I've read) VAG will be going great guns.

[S&H]

Here is hoping that they will make a Golf that looks like a Lambo....for Golf money.

[benough]

My only concern with VAG owning a big chunk of global companies is that their cars will share a lot of components, which is good and bad.

Good in the senee a Skoda is just a less pretty VW but bad in the sense of their cars will become less unique. i.e. The Lambo's now just have an Audi engine and dash components etc.