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UST Powers Italdesign's Future in Audi Partnership
11 Dec
Summary
- UST acquires majority stake in Italdesign from Lamborghini.
- Partnership combines UST's AI and digital expertise with Italdesign's design.
- Audi Group remains a strategic, long-term partner and client.
The Audi Group is forging a strategic alliance with UST, a global transformation firm, through UST's acquisition of a majority stake in Italdesign. Lamborghini, Italdesign's current parent company within the Audi Group, will retain a significant interest, solidifying Audi's long-term strategic partnership and client relationship.
This powerful combination unites UST's expertise in AI, automotive engineering, and software development with Italdesign's extensive experience in vehicle design, prototyping, and small-series production. The synergy is set to deliver comprehensive services, from initial concept to final production systems, facilitating the creation of advanced, digitally integrated vehicles.
UST plans to expand Italdesign's global reach leveraging its own international footprint. While UST assumes operational leadership, it commits to preserving Italdesign's Italian heritage and design culture. This transaction, pending regulatory approval, marks a significant step towards innovation in the mobility sector.
