Audi has no plans to promote Lamborghini, a spokesman for the carmaker mentioned after European media stories a few 7.5 billion euros ($9.19 billion) supply for the sports-car model.
“This isn’t the topic of any dialogue throughout the group,” he mentioned. “Lamborghini just isn’t on the market.”
The Swiss Quantum Group, along with the British funding firm Centricus, are planning to submit a “Letter of Intent” on Wednesday, according to Automobilwoche, the German affiliate of Automotive Information Europe.
Quantum boss Rea Stark Rajcic based the sports car brand Piech Automotive two years in the past with Anton Piech, the son of the previous VW patriarch Ferdinand Piech.
However the supply has little curiosity at guardian Volkswagen Group and its Audi luxurious unit.
Quantum is providing Lamborghini staff a five-year employment assure and is planning to take over the Italian carmaker’s VW administration group. After shopping for the model, they need to enter right into a strategic partnership with Volkswagen Group.
In distinction to what’s often the case with such declarations of intent, the letter is just signed by Quantum and never by each events.
CEO Herbert Diess truly flirted with a separation from the model final yr. However in December the board of directors called off the plans.
Lamborghini will stay a part of the group, the committee determined. Above all, the then works council head Bernd Osterloh opposed the separation. The subject is totally off the desk, Audi boss Markus Duesmann in mid-April advised Automobilwoche. Partial gross sales are additionally not up for dialogue.
The UK motoring journal Autocar also reported the supply on Tuesday.
VW Group owns Audi and Lamborghini. Audi is accountable for Lamborghini within the group’s enterprise construction.
Representatives of Centricus and Quantum Group weren’t instantly accessible for remark.
Automobilwoche and Reuters contributed to this report.