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Motor1
Motor1
Business
Adrian Padeanu

HISTORICAL FACTS: Audi gives up control of italdesign after selling majority stake - The Untold Story

Italdesign Audi UST The Volkswagen Group Volkswagen Giorgetto Giugiaro California Hyundai Lamborghini Motor1com

It’s the end of an era in the automotive corporate world. Audi has offloaded its majority stake in Italdesign to a tech company you’ve likely never heard of. California-based UST is taking control of the iconic design house, which had been part of the Volkswagen Group for well over a decade.

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