Volkswagen Group have reportedly received a letter of intent from a holding company keen to pursue the acquisition of its Automobili Lamborghini supercar brand.
Autocar magazine said in a report published today (May 27) that it has seen the document which details a planned offer of €7.5 billion (£6.49bn) and a plan to upscale production and launch a pure electric performance vehicle by 2025.
The offer is said to come from Quantum Group AG, a Zurich-based holding company formed a consortium with London-based investment firm Centricus Asset Management.
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AM Dealer Recommended 2025
In this issue we present the top perfomers in the 2025 AM Dealer Recommended research.
Significant motor retail industry suppliers have been endorsed by UK automotive retail leaders in our research programme.
We surveyed dealers from our audience to find out who they trust most and rely on for products and services in a variety of critical aspects of their motor retail operations.
Almost 30 companies received sufficient support from AM's dealer audience to become Dealer Recommended this year.
Find out who they are and learn from them how they can problem solve in your business.
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