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Automobili Lamborghini S.p.A., commonly referred to as Lamborghini, is an Italian
manufacturer of sports cars, based in the small Italian village of Sant'Agata
Bolognese, near Bologna. The company was founded in 1963 by businessman Ferruccio
Lamborghini, who owned a successful tractor factory, Lamborghini Trattori S.p.A.. Lamborghini is now a subsidiary of the German luxury car manufacturer, Audi AG, which is in turn a subsidiary of Volkswagen Group. The Reventón, a limited special supercar, is one of the fastest and most expensive of the Italian supercars The 1970s oil crisis plagued sales of high performance cars. In 1978, Lamborghini declared bankruptcy. An Italian court was appointed to find a buyer, and the Swiss-based Mimran brothers took over the company in 1984, after managing the company for four years while it was in receivership. The company remained solvent under Mimran's control, selling the Countach, the Jalpa, and the LM002 during this time. In a surprise move, the company was sold to the Chrysler Corporation in 1987. Lamborghini at the time was working on the Countach's successor, the Diablo. Chrysler brought its resources, including design input, pollution controls, and new manufacturing techniques, into this development. Chrysler's experience with the design of mass market vehicles improved areas of practicality and comfort that had been neglected earlier, including noise, vibration, and harshness (NVH), engineering, and ergonomics. |
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