* Founders retain remaining shares
* Italdesign has sales of over 100 million euros a year
* No financial details given
TURIN, Italy, May 25 German carmaker Volkswagen
(VOWG.DE) said it was buying a 90.1 percent stake in Italian
auto designer Italdesign, without giving any detail on price.
Volkswagen chief executive Martin Winterkorn said on Tuesday
the purchase would be made through VW's Lamborghini sports car
unit. The Giugiaro family will retain the remaining shares.
Giorgetto Giugiaro, who founded the design group with Aldo
Mantovani in 1968, said Italdesign would have a "promising
perspective" by joining Volkswagen.
Italdesign has annual sales of over 100 million euros ($122
million) and created the Golf I along with concepts for the
first VW Passat, the Scirocco and the Audi 80.
Italdesign has also worked on models for dominant Italian
carmaker Fiat FIA.MI, including the Fiat Punto and the Alfa
(Reporting by Gianni Montani, writing by Jo Winterbottom;
Editing by Dan Lalor)
($1 = 0.8174 euro)