Automobili Lamborghini S.p.A. is an Italian brand and producer of extravagance sports vehicles and SUVs based in Sant’Agata Bolognese. The organization is owned by the Volkswagen Group through its auxiliary Audi.
Ferruccio Lamborghini, an Italian assembling financier, established Automobili Ferruccio Lamborghini S.p.A. in 1963 to rival built up marques, including Ferrari. The organization was noted for using a rear mid-engine, rear-wheel drive. Lamborghini developed quickly during its first decade, however, deals plunged in the wake of the 1973 overall budgetary downturn and the oil emergency. The association’s possession changed multiple times after 1973, remembering chapter 11 for 1978. American Chrysler Corporation assumed responsibility for Lamborghini in 1987 and offered it to Malaysian venture bunch Mycom Setdco and Indonesian gathering V’Power Corporation in 1994. In 1998, Mycom Setdco and V’Power sold Lamborghini to the Volkswagen Group where it was put heavily influenced by the gathering’s Audi division.