Italdesign Giugiaro

Italdesign Giugiaro S.p.A

Type	Private
Industry	Design
Fate	Controlling interest acquired by Lamborghini Holding S.p.A. (August 09, 2010)[1][2]
Founded	Turin, Italy February 13, 1968 (1968-02-13) as Studi Italiani Realizzazione Prototipi S.p.A[3]
Founder	Giorgetto Giugiaro Aldo Mantovani [3]
Headquarters	Moncalieri, Italy[4]
Area served	Worldwide[5]
Key people	Rupert Stadler, Chairman | Jörg Astalosch, CEO
Services	Styling | Engineering | Pre-Series | Testing & Validation | Industrial Design
Revenue	€193 million (2015)
Owner	Lamborghini Audi [2][3][6]
Number of employees	993 (2015)[7]
Website	italdesign.it
Footnotes / references [8]

Italdesign Giugiaro S.p.A is a design and engineering company and brand based in Moncalieri, Italy, that traces its roots to the 1968 foundation of Studi Italiani Realizzazione Prototipi S.p.A by Giorgetto Giugiaro and Aldo Mantovani.^[3][8] Best known for its automobile design work, Italdesign also offers product design, project management, styling, packaging, engineering, modeling, prototyping and testing services to manufacturers worldwide.^[5] As of 2010, Italdesign employs 800 people.^[2][3][4]

On August 09, 2010, Volkswagen subsidiary AUDI AG’s subsidiary Lamborghini Holding S.p.A acquired 90.1% of the shares of Italdesign Giugiaro S.p.A, including the brand name rights and patents.^[1][2] The remaining shares were sold to Audi on 28 June 2015, with Giorgetto Giugiaro resigning from the firm at the same time.^[9]

History

Foundation

Giorgetto Giugiaro and Aldo Mantovani founded Studi Italiani Realizzazione Prototipi S.p.A, the company that would eventually become Italdesign, on February 13, 1968, in Moncalieri, Italy.^[3][8]

Volkswagen

Volkswagen and Italdesign have a history of working together that dates back to the early 1970s.^[2]

Former Volkswagen AG Chairman Ferdinand Piëch apprenticed at Italdesign during the summer of 1972, learning about engineering and design.^[10] Italdesign is responsible for the design of several notable Volkswagen vehicles including the first generation Volkswagen Golf (1974), Volkswagen Scirocco (1974) and Volkswagen Passat (1973) and the Audi 80 (1974).^[11]

In May 2010, Italdesign agreed to transfer 90.1% of its shares to Audi AG subsidiary Lamborghini Holding S.p.A. in order to keep Volkswagen's Italian holdings bundled together. The purchase price was not disclosed. The Giugiaro family retained ownership of the remaining shares. Both Giorgetto Guigiaro and his son, Fabrizio Guigiaro, continued to have active roles in the company.^{[1][3][7][10]} In July 2015 it was announced that Giorgetto Giugiaro had left and sold the remaining shares to Audi AG.

A 2005 Ferrari GG50 ("Giorgetto Giugiaro 50"), marking Giugiaros 50 years in design. On display in the Italdesign-Giugiaro showroom in Moncalieri, Italy

Subsidiaries

Italdesign created a new firm, Diseño Industrial Italdesign Srl, in Barcelona, Spain, in 1992 to design and construct models, master models and prototypes for the Spanish manufacturing industry. This subsidiary is known today as Italdesign Giugiaro Barcelona SL.^[8][12]

Acquisitions

Italdesign acquired SALLIG, a company founded in 1960 that designs and builds acrylic, cast iron and zamak matrices for automotive, auronautical and household appliance prototypes.^[8]

Italdesign acquired ETM (Engineering Technologies Methods), a company founded in 1984 that creates silicone prototypes, allowing the transition from an acrylic prototype to a more refined prototype with characteristics similar to the finished product.^[8]

Organization

Italdesign-Giugiaro S.p.A is headquartered 10 km south of Turin, Italy, in Moncalieri.^[4] Best known for its automobile design work, Italdesign also offers project management, styling, packaging, engineering, modeling, prototyping and testing services.^[5]

Italdesign has 993 employees and generated over €193 million revenue in 2015.^[3]

Under Volkswagen Group ownership, Rupert Stadler is the Chairman of the Board and Jörg Astalosch is CEO.

Automotive design work

Italdesign has been credited for the design of a wide variety of concept and production cars since the firm's founding in 1968.

Citations

References

• Ciferri, Luca (2010-05-25). "Volkswagen says Italdesign purchase will boost its growth strategy". autoweek.com. Crain Communications, Inc. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "Info - Contacts". italdesign.it. Italdesign Giugiaro S.p.A. 2011. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "Italdesign History". www.conceptcarz.com. conceptcarz.com. 2011. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "Projects". italdesign.it. Italdesign Giugiaro S.p.A. 2011. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "Services". italdesign.it. Italdesign Giugiaro S.p.A. 2011. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "Statement of Interests Pursuant to Sections 285 and 313 of the German Commercial Code" (PDF). AUDI AG. 2012-02-17. Archived (PDF) from the original on 2012-07-30. Retrieved 2012-07-30. Italdesign Giugiaro S.p.A., Turin (Italy) 90.1% 
• "Volkswagen Group completes acquisition of majority shareholding in Italdesign Giugiaro" (Press release). VOLKSWAGEN AG. 2010-08-09. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 2010-05-25 
• "Volkswagen Group takes majority shareholding in Italdesign Giugiaro" (Press release). Italdesign Giugiaro S.p.A. 2010-05-25. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "Volkswagen Group takes majority shareholding in Italdesign Giugiaro" (Press release). VOLKSWAGEN AG. 2010-05-25. Archived from the original on 2011-02-22. Retrieved 2011-02-22. 
• "VW schließt Mehrheitserwerb an Giugiaro ab" [VW completes acquisition of majority of Giugiaro]. automobilwoche.de (in German). Crain Communications GmbH. 2010-08-09. Archived from the original on 2012-08-03. Retrieved 2012-08-03. 

External links

• Official website