Lamborghini History: Lamborghini Automobile
Lamborghini Automobile S.p.A. is an Italian brand and manufacturer of luxury sports cars and formerly, SUVs that is owned by the Volkswagen cluster through its subsidiary brand division Audi. Lamborghini’s headquarters are situated in Sant’Agata Bolognese, Italy. The company’s initial models were discharged in the mid-1960s and were famous for their refinement and power.
Lamborghini grew quickly throughout its initial decade; however, sales plunged in the wake of the 1973 worldwide monetary worsening and therefore the oil crisis. Ferruccio Lamborghini sold possession of the corporate to Georges-Henri Rossetti and René Leimer and retired in 1974. The corporate went bankrupt in 1978 and was placed in the receivership of brothers Jean-Claude and Patrick Mimran in 1980. Beneath the Mimrans’ management Lamborghini’s model line was expanded from the Countach to incorporate the Jalpa sports automobile and therefore the LM002 high performance off-road vehicle.
In 1987, the Mimrans sold Lamborghini to the Chrysler Corporation. Once replacement the Countach with the Diablo and discontinue the Jalpa and therefore the LM002. In 1994, Chrysler sold Lamborghini to Malaysian investment cluster Mycom Setdco and Indonesian cluster V’Power Corporation. Mycom Setdco and V’Power sold-out Lamborghini to the Volkswagen cluster in 1998, wherever it was placed beneath the management of the group’s Audi division. New product and model lines were introduced to the wholes portfolio and dropped at the market and saw an enlarged productivity for the brand Lamborghini. Lamborghini produces sports cars and V12 engines for offshore motorboat athletics. Lamborghini presently produces the V12-powered Aventador and therefore the V10-powered Huracán.
Lamborghini Official Website: http://lamborghini.com/en/home/