Final week we discovered an article stating a Swiss funding group referred to as Quantum Group AG made VAG, the VW Group, a proposal of €7.5 billion ($9.2 billion at in the present day’s foreign money conversion) to purchase Automobili Lamborghini SpA, and so they did imply enterprise, as they wished the whole lot, the HQ in Sant’Agata in its entirety … however the VW Group denied the supply and formally acknowledged Lamborghini will not be on the market.
If the Quantum Group got here up with this supply some time in the past, once we had the ‘Dieselgate’ happening, they may have had an opportunity to make a deal, as VAG was on the lookout for cash at that time, and there was a rumor they have been taking a look at promoting a few of their ‘different’ makes like Bentley, Bugatti, Ducati, and Lamborghini.
At one level there was even a rumor of Automobili Lamborghini SpA ‘going public’, there was an intention to supply shares of Lamborghini on the inventory alternate, VAG, or extra exactly Audi AG, would nonetheless maintain a controlling quantity of shares, however folks such as you and me may purchase part of the corporate … however that by no means materialized both.
Quantum Group’s consultant, Rea Stark talked about to Reuters that they’re nonetheless fascinated about shopping for Automobili Lamborghini SpA from Audi AG, and to make their level much more attention-grabbing, they’d add as much as €2 billion extra for a complete quantity of €9.5 billion (about $11.5 billion) to cowl future investments and even go so far as providing a assure for all staff at present below contract at Lamborghini for the following 5 years … if the VW Group is open to negotiations, they’re even contemplating to go additional up.
Quantum Group AG wouldn’t solely purchase the rights to the title Lamborghini, but additionally all the manufacturing unit at Sant’Agata, together with the Squadra Corse division, for the primary 5 years they wish to maintain a provide chain from Audi open to have the ability to maintain the present fashions in manufacturing, however the aim is to share battery growth between them and Audi effectively into the long run.
And electrification is the long run, Stephan Winkelmann, CEO of Automobili Lamborghini SpA made that clear in his newest presentation, we already knew the Aventador and Huracán successors would develop into hybrids for positive, however Lamborghini might be investing a complete of €1.5 billion over the following years to have a totally electrical fourth mannequin within the lineup by 2025, whereas the Aventador successor that might be accessible by 2023 will almost certainly maintain a V12 engine, however get electrical motors added to develop into the primary hybrid manufacturing mannequin from Sant’Agata.
After the primary supply from Quantum Group AG, the spokesman for the VW Group made it very clear there was no intention of promoting Automobili Lamborghini SpA … at the moment, may a rise of greater than 25% be engaging now? Solely the long run will inform, however Lamborghini has been being profitable and had a wholesome manufacturing determine for the final a number of years, so what would make the VW Group wish to promote a profitable firm at this time limit?