Volkswagen Group rejects $11.8 billion offer for Lamborghini – report

Volkswagen Group has declined an offer of AU$11.8 billion (US$9.2B) to sell the Lamborghini brand. According to British magazine Autocar, Volkswagen Group subsidiary Audi – charged with managing Lamborghini – has shown no interest in the idea. Whispers of the supercar manufacturer's sale persisted throughout late 2020, with industry insiders suggesting Volkswagen Group was preparing to offload both Lamborghini and Ducati, before the rumours were officially put to bed in December.