Lamborghini

From Wikipedia, the free encyclopedia

Automobili Lamborghini S.p.A.
[1]



Type Private
[1]

Industry
Automobile manufacturing
Automobile distribution
Fate Acquired by Audi AG(September 1998)
[2]

Founded Sant'Agata Bolognese, Italy
(30 October 1963)
as Automobili Ferruccio Lamborghini S.p.A.
[3]

Founder(s) Ferruccio Lamborghini
Headquarters Sant'Agata Bolognese, Italy
[1]

Area served Worldwide
Key people Stephan Winkelmann, President
[1]

Filippo Perini, Director, Centro Stile
[4]

Products Aventador
Huracn
Sesto Elemento
Veneno
Production output 2,197 vehicles (2012)
1,711 vehicles (2011)
[5][6]

Revenue 469 million (2012)
322 million (2011)
[7]

Profit -24 million (2011)
[8]

-57,184 million (2010)
[9]

Total equity 837 million (2011)
[10]

933.213 million (2010)
[9]

Employees 831 (2011)
803 (2010)
[11]

Parent AUDI AG
[10][12]

Subsidiaries Ducati Motor Holding S.p.A.
Italdesign Giugiaro S.p.A.
MML S.p.A.
ITALIA S.P.A.
[10][13]

Website lamborghini.com/en/home/
Automobili Lamborghini S.p.A. (Italian: [lamborini] ( listen)) is an Italian brand and manufacturer of luxury
sportscars and, formerly, SUVs, which is owned by the Volkswagen Group through its subsidiary brand
division Audi. Lamborghini's production facility and headquarters are located inSant'Agata Bolognese. In 2011,
Lamborghini's 831 employees produced 1,711 vehicles.
Manufacturing magnate Italian Ferruccio Lamborghini founded Automobili Ferruccio Lamborghini S.p.A. in
1963 with the objective of producing a refined grand touring car to compete with offerings from established
marques such as Ferrari. The company's first models were released in the mid-1960s and were noted for their
refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for the Miura sports coup, which
establishedrear mid-engine, rear wheel drive as the standard layout for high-performance cars of the era.
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 Lamborghini. In the late 2000s, during theworldwide financial crisis and the
subsequent economic crisis, Lamborghini's sales saw a drop of nearly 50 percent.
Lamborghini's Sant'Agata Bolognese production facility produces V12 engines and finished cars. Lamborghini
currently produces only the V12-powered Aventador, though the replacement for the V-10-powered Gallardo,
the Huracn, is due in 2014.