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									VW has 
									enjoyed successful cooperation with 
									Italdesign Giugiaro for many decades. 
									Giugiaro made a name for himself not only 
									with the Golf I (top), but also with 
									concepts for important models such as the 
									first Volkswagen Passat, Scirocco (bottom) 
									or the Audi 80.  | 
                                 
                                
                                    
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						The Volkswagen Group has 
						completed the acquisition of the majority shareholding 
						in Italdesign Giugiaro. Volkswagen therefore now holds a 
						90.1 percent stake in the Turin-based design and 
						engineering company, including the brand name rights and 
						patents. Ralf-Gerhard Willner (49) and Salvatore Cieri 
						(53) have been appointed to the Executive Committee of 
						the Board of Directors of Italdesign Giugiaro.  
						 
						“Italdesign has now become a permanent member of the 
						Volkswagen Group. Given the full order books and 
						numerous interesting projects, the perspectives are 
						better than ever,” Prof. Dr. Martin Winterkorn, Chairman 
						of the Board of Management of Volkswagen 
						Aktiengesellschaft, stated. “In view of our ongoing 
						model initiative and the associated development and 
						design assignments, we will be expanding Italdesign’s 
						highly-motivated and productive team,” Winterkorn added. 
						 
						Giorgetto Giugiaro is Chairman of the Executive 
						Committee, Fabrizio Giugiaro is Vice President, Enzo 
						Pacella is Managing Director. Ralf-Gerhard Willner has 
						now also been appointed to the body. He currently heads 
						concept development at the Volkswagen Passenger Cars 
						brand in Wolfsburg, having previously held the same 
						function at Audi in Ingolstadt. Salvatore Cieri will 
						also be joining the Executive Committee as Managing 
						Director at Italdesign Giugiaro. He is currently the member of the Board 
						of Directors responsible for Administration, Finance and 
						Controlling at Automobili Lamborghini.  
						 
						Italdesign Giugiaro was founded in Turin by Giorgetto Giugiaro and Aldo 
						Mantovani in 1968. Volkswagen has enjoyed successful 
						cooperation with Italdesign Giugiaro for many decades. 
						Giugiaro made a name for himself not only with the Golf 
						I, but also with concepts for important models such as 
						the first Volkswagen Passat, Scirocco or the Audi 80. 
						Italdesign has also acquired a reputation worldwide as a 
						highly-competent development center. The shareholding 
						has been acquired by Audi’s Italian subsidiary 
						Automobili Lamborghini Holding S.p.A. The remaining 
						shares will stay in the possession of the present owner 
						family Giugiaro. 
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