Fifteen years after bringing one of Italy’s most influential design houses into the Volkswagen Group, Audi is formally stepping back from majority ownership of Italdesign. The Audi Group has announced a strategic partnership with UST, under which the California-based global transformation and technology company will acquire a controlling stake in Italdesign Giugiaro S.p.A., marking a significant turning point for the Turin-based firm and for Audi’s broader capital strategy. Audi, via Lamborghini, first acquired a 90.1 percent stake in Italdesign in … Continue reading Audi Sells Controlling Stake in Italdesign, UST Takes Helm in Strategic Shift