<ul><li>Volkswagen Group acquired a 90.1 percent stake in Italidesign, responsible for iconic Italian sports cars and supercars, in 2010.</li><li>Audi, under VW Group, is reportedly looking to sell Italidesign, with a potential sale in the works and a meeting scheduled for May 12 in Italy.</li><li>Turin, once a hotspot for automotive design, has seen changes with companies like Bertone folding and Pininfarina being sold to Mahindra.</li><li>Italdesign's potential sale reflects wider financial challenges within the Volkswagen family, with the company set to reduce its workforce significantly in the coming years.</li></ul>

The World's Coolest Design House Is For Sale: Report

Discover more