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Automobili Lamborghini Holding focuses Group activities
Subsidiaries in Italy restructured

Ingolstadt (ots)

Automobili Lamborghini Holding S.p.A., a subsidiary of AUDI AG, is
expanding its area of responsibilities: AUTOGERMA S.p.A.,Verona,
importer of the brands Audi, Seat, Skoda, Volkswagen and Volkswagen
Commercial Vehicles, is to be fully transferred from Volkswagen
Beteiligungs-Gesellschaft m.b.H. to Automobili Lamborghini Holding
S.p.A. This means that all automotive activities in Italy will be
combined under the umbrella of a single national holding company in
future, as has already happened in Spain. This was agreed to today by
the Supervisory Board of VOLKSWAGEN AG.
Automobili Lamborghini Holding S.p.A., which is based in
Sant'Agata Bolognese, has been a fully-owned subsidiary of AUDI AG
since 1998. It currently comprises the sports car manufacturer
Automobili Lamborghini S.p.A., the manufacturer of off-shore
speedboat engines Motori Marini Lamborghini S.p.A. and the marketing
company Lamborghini ArtiMarca S.p.A.
Audi is an international developer and manufacturer of
high-quality cars. The company has production operations in a number
of countries, including Germany, Hungary, Brazil, China and South
Africa. In 1999 Audi produced around 626,000 cars and more than 1.2
million engines, bringing in sales revenues in excess of DM 29
billion. The Audi Group has around 50,000 employees.
Communication: Corporate and Finance
Joachim Cordshagen, 
Tel: +49 (0)841 89 36340 or +49 (0)172 910 44 68
E-mail:  joachim.cordshagen@audi.de
Jürgen De Graeve, 
Tel: +49 (0)841 89 34084 or +49 (0)172 914 29 08
E-mail:  juergen.degraeve@audi.de

Original content of: Audi AG, transmitted by news aktuell

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