Automobili-Lamborghini S.p.A., often called Lamborghini is a car maker in Italy. The company was founded Ferruccio Lamborghini in 1963, with the aim to produce a gran tour cars that can compete with a car that has been in the market in advance like a Ferrari.
The company’s first model of Lamborghini released in mid-1960, then recorded for improvement, power, and convenience. Lamborghini received much praise in 1966. After several decades, hard times befell the company in the mid-1970s, as sales plunged due to the world financial crisis in 1973 and the oil crisis. After passing through bankruptcy and three changes in ownership, Lamborghini became a subsidiary of Chrysler in 1987.Lamborghini’s lack of success continued through the 1990s, until the company was sold in 1998, a subsidiary of the VolkswagenGroup, a German automotive company. Continue reading