lItaldesign Giugiaro (IDG) was founded in Turin by Giorgetto Giugiaro and Aldo Mantovani in 1968. Italdesign acquired a worldwide reputation as a highly-competent development center. Volkswagen enjoyed successful cooperation with IDG for many decades, not only for the Golf 1, but also with concepts for important models such as the first Volkswagen Passat, Scirocco and the Audi 80.
"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," Dr. Martin Winterkorn added.
Volkswagen now holds a 90.1% stake in IDG, including brand name rights and patents. The remaining shares stay in the possession of the Giugiaro family.
