Volkswagen AG Maybe Have to Reconsider Selling Lamborghini As The Original Offer Grows Substantially - story fullscreen Fullscreen

Volkswagen AG Maybe Have to Reconsider Selling Lamborghini As The Original Offer Grows Substantially

The offer to buy Lamborghini was just increased by 26-percent or around $2.4 billion, but is it enough?

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They say that every man has his price, and for the right amount of money, anybody will do anything. That concept is truly being put to the test as one consortium’s desire to purchase Lamborghini from Volkswagen AG is taking some pretty wild twists as it evolves into what could be the biggest automotive deal of the century.

VAG Won’t Sell Lamborghini For $9.2 Billion, So How Much Will It Take To Make A Deal?

Volkswagen AG Maybe Have to Reconsider Selling Lamborghini As The Original Offer Grows Substantially Exterior Wallpaper quality
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But it would also become
“A spearhead for innovation by consistently implementing new clean drivetrain technologies”

Lamborghini might be a money-making machine, evidence of which comes from the fact that in 2019, the company was forced to discuss the concept that it would have to tone down its production in order to not compromise exclusivity. That notion was followed a year later with the when it was suggested that VAG would attempt to sell Lamborghini (and Ducatti) while Bugatti could have been transferred to Rimac – all in the name of electrification. Little news about Lamborghini’s future came after this news surfaced, but VAG’s famed company, which is under the control of Audi, by the way, is the subject of a potential deal that involves a lot of money.

Volkswagen AG Maybe Have to Reconsider Selling Lamborghini As The Original Offer Grows Substantially Exterior
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It all started when a consortium formed between Quantum Group AG and Centricus Asset Management offered to buy Lamborghini for the crazy amount of $9.2 billion. A day later, reports came in that not only was the deal turned down, but a spokesman blatantly said “Lamborghini is not for sale.” As I said before, however, every man has his price, regardless of how high that might be, and now we’re about to find out just how much Lamborghini really means to VAG as the same consortium has bumped their initial offer of $9.2 billion up by a little over 25-percent (an extra $2.4 billion) to as much as $11.5 billion.

Volkswagen AG Maybe Have to Reconsider Selling Lamborghini As The Original Offer Grows Substantially Exterior
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In an interview with Reuters, Quantum’s representative said:
“Of course the offer is still valid. After all, we have carefully weighed and thought through our decision for Lamborghini”

According to Automotive News, the money added to the initial offer was for covering investments and for guaranteeing jobs. Rea Stark, Quantum’s representative, told Reuters

“Of course our offer is still valid. After all, we have carefully weighed and thought through our decision for Lamborghini and the attached offer and concept. And if there is a willingness to negotiate – whether that’s investments, guarantees, or the purchase price – then, of course, we are still prepared.”
Volkswagen AG Maybe Have to Reconsider Selling Lamborghini As The Original Offer Grows Substantially
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With this in mind, anything could happen, but an offer to buy Lamborghini isn’t exactly coming at the best time. After all, Lamborghini just announced its future roadmap for hybridization into 2025. What happens next is clearly in VAG and Audi’s hands, but I’m guessing it’s going to take a little more than that for a cash cow like Lamborghini it be handed off to someone else to reap the benefits.

Source: Automotive News

Robert Moore
Robert Moore
Editor-in-Chief and Automotive Expert - robert@topspeed.com
Robert has been an auto enthusiast his entire life. He started working cars at a young age, learning the basics from his father in the home garage on the weekends. As time went on, Robert became more and more interested in cars and convinced his father to teach him how to drive when he was just 13 years old. Robert continued working on cars in his free time and learned as much as he could about engines, transmissions, and car electrical systems, something that only fed his curiosity more and eventually led him to earn a bachelors degree in automotive technology with a primary focus on engine performance and transmission rebuilding.  Read full bio
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