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Audi cost cutting could see it sell Italdesign – report

  • Audi is considering selling Italdesign as part of cost-cutting measures within the Volkswagen Group.
  • Italdesign, founded in 1968, employs around 1000 people globally and has worked on iconic supercars and affordable vehicles.
  • The move comes as Audi aims to reduce costs and improve financial performance due to declining sales and increased competition.
  • Volkswagen acquired 90% of Italdesign in 2010, with remaining stake held by Giorgetto Giugiaro and his family.

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