Lamborghini bid rises to $11.5 billion

Lamborghini again .. The investment company raised the original bid of 2.4 billion. Will the $11.5 billion lure Volkswagen?

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Lamborghini, will you become the king of Quantum and get away from the arms of Volkswagen

The Quantum Group’s efforts to buy a Lamborghini are far from over. I responded to Volkswagen Group’s refusal to sell Italian supercar maker Lamborghini for 7.5 billion euros (currently $9.2 billion). Now, the investment firm has raised the offer by 1 billion euros ($1.2 billion) to 2 billion euros ($2.4 billion), according to the latest news. The extra money was to cover investments and to secure jobs.

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“Of course, our offer is still valid,” Quantum representative Rhea Stark was quoted by Automotive News as telling Reuters. After all, we evaluated and weighed the process and thought carefully about our decision on the Lamborghini and the attached offer and concept.” “And if there is a willingness to negotiate – whether it’s investments, guarantees or the purchase price – then of course we are still ready.”Previous news about Volkswagen and Audi refusing to sell the Italian brand Lamborghini

VW Group was very vocal when it turned down the original offer. A spokesperson said the Lamborghini is not for sale. We don’t yet know if Quantum’s desire to increase bid by about 26 percent is enough for the German automaker to be more acceptable to sell the Italian brand.

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Lamborghini’s transformation announcement to electric and hybrid cars

The Quantum Group’s offering included the Lamborghini brand , the Sant’Agata facility and sports car production operations. The investment company also wanted a five-year supplier agreement and wanted to set up a battery development center with Audi. The sleeve also ensures that the current workforce is maintained for five years.

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Quantum may have picked a bad time to try and buy a Lamborghini because the Italian automaker Lamborghini has just outlined its future product plan for electric vehicles. By 2025, all models of the brand will have hybrid engines. There will also be a fully electric Lambo in the second half of this decade .Lamborghini product electrification advertisement

To achieve this, Lamborghini will invest more than 1.5 billion euros over the next four years. The money will fund electricity technology and carbon fiber technology to offset the extra weight of the batteries.

If an electrified Lambo doesn’t appeal to you, recent spy footage shows the company developing a new type of Aventador . Rumors say it’s a final farewell to the model and it will boast a 769-hp V12 (574 kW or 780 metric hp).

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