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The story
Founded by Giorgetto Giugiaro in 1968, in Turin.1
Foundation
Giorgetto Giugiaro and Aldo Mantovani founded Studi Italiani Realizzazione Prototipi S.p.A. (SIRP), the company that would eventually become Italdesign, on February 13, 1968, in Moncalieri, Italy.
Volkswagen
Volkswagen and Italdesign have a history of working together that dates back to the early 1970s.
Former Volkswagen Group Chairman Ferdinand Piëch apprenticed at Italdesign during the summer of 1972, learning about engineering and design. Italdesign is responsible for the design of several notable Volkswagen vehicles including the first generation Volkswagen Golf (1974), Volkswagen Scirocco (1974) and Volkswagen Passat (1973) and the Audi 80 (1974).
In May 2010, Italdesign agreed to transfer 90.1% of its shares to Audi's subsidiary Lamborghini Holding S.p.A. in order to keep Volkswagen's Italian holdings bundled together. The purchase price was not disclosed. The Giugiaro family retained ownership of the remaining shares. Both Giorgetto Giugiaro and his son, Fabrizio Giugiaro, continued to have active roles in the company. In July 2015 it was announced that Giorgetto Giugiaro had left and sold the remaining shares to Lamborghini.
Subsidiaries
Following a large-scale cooperation with SEAT - already dating back to the 1980s - Italdesign created a new firm, Diseño Industrial Italdesign Srl, in SEAT's hometown Barcelona, Spain, in 1992 to design and construct models, master models and prototypes for the Spanish manufacturing industry. This subsidiary became Italdesign Giugiaro Barcelona SL.
In 2017, the company founded a daughter company dedicated to building collector vehicles. Named Italdesign Automobili Speciali, the new brand is featured on all vehicles constructed in ultra low series production, aimed at a number of selected collectors. The first car produced was the Zerouno with a production of only five units.
From Wikipedia’s article on Italdesign Giugiaro, shared under CC BY-SA 4.0.4