Automobili Lamborghini S.p.A. (Italian enunciation: [lamborˈɡiːni] is an Italian brand name as well as supplier of luxury cars as well as SUVs based in Sant’Agata Bolognese. The business is had by the Volkswagen Group with its subsidiary Audi.
Ferruccio Lamborghini, an Italian production mogul, started Automobili Ferruccio Lamborghini S.p.A. in 1963 to compete with recognized marques, including Ferrari. The company acquired broad praise in 1966 for the Miura sports coupé, which established back mid-engine, back wheel drive as the basic format for high-performance autos of the period. Lamborghini proliferated throughout its very first decade, yet sales dove following the 1973 globally financial recession as well as the oil situation. The company’s ownership changed three times after 1973, including a bankruptcy in 1978. American Chrysler Company took control of Lamborghini in 1987 and also offered it to Malaysian investment group Mycom Setdco and Indonesian group V’Power Corporation in 1994. In 1998, Mycom Setdco and V’Power offered Lamborghini to the Volkswagen Team where it was placed under the control of the group’s Audi department.
Brand-new items and model lines were introduced to the brand’s profile and also offered the marketplace and saw a raised productivity for the brand name. In the late 2000s, throughout the around the world monetary situation as well as the subsequent economic crisis, Lamborghini’s sales saw a drop of nearly half.
Lamborghini presently generates the V12-powered Aventador and the V10-powered Huracán together with the Urus SUV powered by a twin-turbo V8 engine. In addition, the business generates V12 engines for overseas powerboat auto racing. Lamborghini Trattori, founded in 1948 by Ferruccio Lamborghini, is headquartered in Pieve di Cento, Italy and also remains to produce tractors.