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Lamborghini Vehicles Overview
One of several upstart Italian sports car companies that rose to
challenge the dominance of Ferrari, Ferrucio Lamborghini's company
outlasted rivals like Bizzarrini, De Tomaso, and Iso Rivolta (and later, Cizeta and
Bugatti S.p.A.) to become the greatest rival to the prancing horse.
Automobili Lamborghini S.p.A. was founded by its namesake in 1963;
Ferrucio Lamborghini had previously manufactured tractors. According
to gearhead lore, the Italian industrialist owned a Ferrari that gave
him mechanical difficulty, and complained directly to Enzo Ferrari,
who brushed aside his critiques. Incensed, Mr. Lamborghini decided to
build his own line of sports cars, built to meet his own tastes. A line of
two-seat and two-plus-two grand tourers followed, all impressive in their own
way, but conventional aside from the use of V-12 engines (which were
uncommon in sports and GT cars of the Sixties). However, Lamborghini went
sharply unconventional in 1966, with the unveiling of the Miura, one of the
first mid-engined road cars, and the first with V-12 power. Although development
of front-engined touring cars continued for a decade after the Miuras introduction,
Lamborghini's image soon became wedded to the mid-engined supercar, a basic design
soon copied by Ferrari, among many others. Unusually for an
exotic car company, Lamborghini also built a sport-utility vehicle, the LM002.
Financial trouble dogged the company for many years. Lamborghini sold his company
to Swiss investors in 1973, during the first oil crisis, but it went bankrupt in
1978. Continuing to make cars while in receivership, it was bought by Messrs. Mimram
in 1984, who in turn sold it Chrysler in 1987. When the recession of the early 1990s
cooled demand for supercars, Chrysler sold out to Megatech, an Indonesian investment
group. Megatech later acquired American supercar manufacturer Vector, and used the
engine from the Lamborghini Diablo to power the Vector M12. Finally, Megatech sold
Lamborghini to Audi in 1999. Volkswagen has owned Lamborghini
ever since, and has leveraged some of Lamborghini's technology across other VW marques,
including Audi's own R8 supercar. Today, Automobili Lamborghini S.p.A. is wholly owned by
Audi AG, a subsidiary of Volkswagen AG. Lamborghini's headquarters are in
Sant'Agata Bolognese, Bologna, Italian Republic, and all Lamborghini models are produced
at its Sant'Agata factory.
CARS
SPORT-UTILITY VEHICLES
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