Lamborghini’s parent company Audi, through Volkswagen
Group, has reportedly rejected an offer of more than US$9 billion from a Swiss
company to purchase the Italian raging bull.
According an Autocar
7.5 billion-euro offer came from Swiss Quantum Group, alongside British
investment group Centricus, who apparently submitted a letter of intent to VW
management to purchase Lamborghini.
The letter of intent outlined Quantum’s commitment to protect existing
Lamborghini employees for at least five years, and create an innovation centre
in Germany that would create more than 850 new jobs. However, the offer fell on
deaf ears, with Audi management making it clear that the company has no plans
to sell Lamborghini.
This is not the subject of
any discussion within the group. Lamborghini is not for sale, full stop. Audi
AG and the Volkswagen Group are not considering this offer,” said an Audi
spokesperson in an Automotive News report.
Interestingly, Quantum’s boss, Rea Stark Rajcic, was the co-founder of
Piech Automotive alongside Anton Piech, who is the son of Volkswagen’s former
chairman, Ferdinand Piech, the man responsible for overseeing Lamborghini’s initial
purchase by VW Group back in 1998 and great-grandson of Ferdinand Porsche.