Lamborghini

Automobili Lamborghini S.p.A.
Company typeSubsidiary
IndustryAutomotive
Founded1963 (1963)
FounderFerruccio Lamborghini
Headquarters,
Italy
Number of locations
135 dealerships
Area served
Worldwide
Key people
Stephan Winkelmann (CEO)[1]
Production output
Increase 9,233 vehicles (2022)[2]
RevenueIncrease €2.38 billion (2022)[3]
Increase €614 million
Increase €10.1 million (2014)[3]
Total equityIncrease €1.832 billion (2014)[3]
Number of employees
1,779 (December 2020)[4]
ParentAudi AG
SubsidiariesDucati Motor Holding S.p.A.
Italdesign Giugiaro
Websitelamborghini.com

Automobili Lamborghini S.p.A. (Italian pronunciation: [autoˈmɔːbili lamborˈɡiːni]) is an Italian manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.

Ferruccio Lamborghini (1916–1993), an Italian manufacturing magnate, founded Automobili Ferruccio Lamborghini S.p.A. in 1963 to compete with Ferrari. The company was noted for using a rear mid-engine, rear-wheel drive layout. Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973 worldwide financial downturn and the oil crisis. The firm's ownership changed three times after 1973, including a 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 saw a drop of nearly 50 per cent.

Lamborghini currently produces the V10-powered Huracán, Urus SUV powered by a twin-turbo V8 engine, and will produce the Revuelto, a V12/electric hybrid, as of 2024. In addition, the company produces V12 engines for offshore powerboat racing.

Lamborghini Trattori, founded in 1948 by Ferruccio Lamborghini, 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.

  1. ^ "Stephan Winkelmann appointed as CEO of Lamborghini". Luxus Plus. 20 November 2020.
  2. ^ "A record-breaking 2021 for Automobili Lamborghini – The company recorded its best year ever, with 8,405 cars delivered". Lamborghini Media Center. 12 January 2022. Archived from the original on 24 January 2022. Retrieved 23 February 2022.
  3. ^ a b c "2015 Annual Financial Report". Audi. Archived from the original (PDF) on 10 November 2017. Retrieved 16 October 2016.
  4. ^ "Automobili Lamborghini S.p.A. (Italy)". Audi Media Center. 31 December 2020. Archived from the original on 22 February 2022. Retrieved 22 February 2022.

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