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Lamborghini's Ownership by Volkswagen Group

Automobili Lamborghini S.p.A. is an Italian luxury sports car and SUV manufacturer owned by the Volkswagen Group. It was founded in 1963 by Ferruccio Lamborghini with the intention of competing with established brands like Ferrari. Lamborghini has experienced rapid growth but also bankruptcy and changes in ownership over the years before being acquired by Volkswagen in 1998. Current models include the V12 Aventador, V10 Huracán, and V8 Urus SUV.

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Mohamed Aejaz
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140 views3 pages

Lamborghini's Ownership by Volkswagen Group

Automobili Lamborghini S.p.A. is an Italian luxury sports car and SUV manufacturer owned by the Volkswagen Group. It was founded in 1963 by Ferruccio Lamborghini with the intention of competing with established brands like Ferrari. Lamborghini has experienced rapid growth but also bankruptcy and changes in ownership over the years before being acquired by Volkswagen in 1998. Current models include the V12 Aventador, V10 Huracán, and V8 Urus SUV.

Uploaded by

Mohamed Aejaz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Lambo

This article is about the automobile manufacturer. For other uses, see Lamborghini
(disambiguation).

Automobili Lamborghini S.p.A.

Type Private subsidiary[1]

Industry Automotive

Founded 1963; 57 years ago

Founder Ferruccio Lamborghini

Headquarters Sant'Agata Bolognese

, 

Italy

Number of locations 135 dealerships

Area served Worldwide

Key people Stefano Domenicali, CEO

Production output  5,750 vehicles (2018)[2]


Revenue  €586 million (2014)[3]

Net income  €10.1 million (2014)[3]

Total equity  €1.832 billion (2014)[3]

Owner Volkswagen Group via


its Audi subsidiary

Number of employees 1,146 (2015)[3]

Parent Audi

Subsidiaries Ducati Motor Holding S.p.A.

Website lamborghini.com

Automobili Lamborghini S.p.A. (Italian pronunciation: [lamborˈɡiːni]) is an Italian brand and


manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is
owned by the Volkswagen Group through its subsidiary Audi.
Ferruccio Lamborghini, an Italian manufacturing magnate, founded Automobili Ferruccio
Lamborghini S.p.A. in 1963 to compete with established marques, including Ferrari. The
company was noted for using a rear mid-engine, rear-wheel drive. Lamborghini grew rapidly
during its first decade, but sales plunged in the wake of the 1973 worldwide financial
downturn and the oil crisis. The firm's ownership changed three times after 1973, including a
bankruptcy in 1978. American Chrysler Corporation took control of Lamborghini in 1987 and sold
it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in
1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it
was placed under the control of the group's Audi division.
New products and model lines were introduced to the brand's portfolio and brought to the market
and saw an increased productivity for the brand. In the late 2000s, during the worldwide financial
crisis and the subsequent economic crisis, Lamborghini's sales saw a drop of nearly 50 percent.
Lamborghini currently produces the V12-powered Aventador and the V10-powered Huracán,
along with the Urus SUV powered by a twin-turbo V8 engine. In addition, the company
produces V12 engines for offshore powerboat racing. Lamborghini Trattori, founded in 1948 by
Ferruccio Lamborghini, is headquartered in Pieve di Cento, Italy and continues to
produce tractors.

Contents

 1History
 2Products
o 2.1Automobiles
o 2.2Marine engines
o 2.3Lamborghini motorcycle
o 2.4Branded merchandise
 3Motorsport
o 3.1Complete Formula One results
 4Marketing
o 4.1Brand identity
o 4.2Vehicle nomenclature
o 4.3Concept vehicles
 5Corporate affairs
o 5.1Structure
o 5.2Sales results
 6Licensing
o 6.1Automóviles Lamborghini Latinoamérica
 7Museo Lamborghini
 8Museo Ferruccio Lamborghini
 9See also
 10Notes
 11Citations
 12References
o 12.1Corporate documents
 13External links

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