Giugiaro resigns from Italdesign.Giorgetto Giugiaro has sold his family’s remaining 9.9% stake in Italdesign Giugiaro to the Volkswagen group, via Audi, and with his son Fabrizio left the company he founded in 1968. Giugiaro, 76, and his son Fabrizio quit as, respectively, honorary president and board member of Italdesign Giugiaro.The move comes five years after Giugiaro sold a 90.1 percent stake in Italdesign Giugiaro SpA to Volkswagen Group’s Audi, retaining 9.9 percent for his family.
The news was announced by in an emailed statement Giorgetto Giugiaro also relinquished his position of honorary chairman, the statement added.
The news was announced by in an emailed statement Giorgetto Giugiaro also relinquished his position of honorary chairman, the statement added.
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