20/09/2024
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Lamborghini (1916-1993), an Italian manufacturingmagnate, founded Automobli Ferruccio Lamborghini S.p.A. in 1963 to compete with Ferrari.
The company was noted for using a rear mid-enginerear-wheel drive layout. Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973
worldwide .so high official edit financial downturn and the oil crisis. The firm's ownership changed three times after 1973, including 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 sawa drop of nearly 50 per cent.
Lamborghini currently produces the
V10-powered Huracán, Urus SUV powered by twin-turbo V8 engine, and will produce the Revuelto, V12/electric hybrid, as of 2024.In addition, the company produces V12 engines for offshore powerboat racing.
Lamborghini Trattori, founded in 1948 by FerruccionLamborghini, is headquartered in Pieve di Cento, Italy, and continues to produce tractors.
Since 1973, Lamborghini Trattori has been a separate entity from the automobile manufacturer.
