Year Founded
1963
Founder
Ferruccio Lamborghini
Headquarters
Sant'Agata Bolognese, Italy
Parent
volkswagen Group, Audi
Official Site
Lamborghini is an Italian automotive company. Audi, a subsidiary of Volkswagen Group, now owns Lamborghini. It became popular due to its powerful, heavy-duty engines and beautiful, unique design.
In the first 10 years, the company grew tremendously. But in 1973, when the world plunged into the financial crisis, sales of Lamborghini also dropped. Even after some time, it has come close to Bankruptcy. During its history, Lamborghini had different owners. However, Lamborghini became financially stable when the Volkswagen Group bought it. Famous Lamborghini models are Countach, Diablo, and Murciélago. The Aventador is a modern car with a V12 engine and unique design. In 2018, Lamborghini took a bold step by entering the SUV market with the Urus.
Lamborghini has grown financially since the Volkswagen Group bought the company. Lamborghini is a private company, so its financial statements are not publicly available. Therefore, exact figures of its revenue are difficult to ascertain, but it is still estimated that Lamborghini generates €1 billion. Because of such high income, Lamborghini is always trying to improve its technology and design. Lamborghini’s major competitors are Ferrari and Misrati, while some British automotive brands, such as Aston Martin and the German brand Porsche, are also competitors.
Both have their own advantages, Ferrari is famous for more power and aggression. However, Lamborghini is famous for high performance, style and luxury as well.
Unique design of Lamborghini makes them famous. Its car design does not match that of any other car brand. Anyone can recognize Lamborghini from a distance due to its sleek design.
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