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LAMBORGHINI

29 entries

Italian maker of luxury sports cars and SUVs from Sant'Agata Bolognese, founded in 1963 to take on Ferrari.

Founded: 1963, by Ferruccio Lamborghini
Headquarters: Sant'Agata Bolognese, Italy
Owner: Volkswagen Group, through Audi, since 1998
Tractor business: Lamborghini Trattori, founded 1948

Ferruccio Lamborghini, an industrialist who already built tractors, founded the car company in 1963 to compete with Ferrari. Its cars are noted for a rear mid-engine, rear-wheel drive layout.

Sales plunged after the 1973 oil crisis and the firm went bankrupt in 1978; Chrysler took control in 1987, and in 1998 the company was sold to the Volkswagen Group, which placed it under Audi. The tractor business, Lamborghini Trattori, has been separate since 1973.

1948Lamborghini Trattori founded
1963Automobili Lamborghini founded
1978Company goes bankrupt
1987Chrysler takes control
1998Sold to the Volkswagen Group