Audi may be planning to sell the iconic design company, Italdesign, and unions are already expressing concerns about job security and future prospects.
Italdesign was founded in 1968 by Giorgetto Giugiaro and Aldo Mantovani, and in 2010, Audi acquired a majority stake in the company. According to the Italian newspaper “Corriere Torino,” the German group VW is seeking potential buyers for the company, which is navigating the challenging transition to electric mobility and facing significant pressures from the automotive market.
The news initially reported by “Corriere Torino” indicates that unions have already been informed about possible movements within the VW group, of which Audi is a part. A process to evaluate the potential sale has reportedly been initiated to gauge interest from potential buyers.
Italdesign, located in Moncalieri, Turin, Italy, employs approximately 1,300 workers and has a long history of designing iconic models such as the VW Golf, Alfa Romeo 159, Fiat Panda, and Grande Punto. However, there are concerns that new owners might relocate the brand away from Turin, jeopardizing the future of a company that is part of Italian automotive history.
