Who Owns Lamborghini?
Who owns Lamborghini? This simple question has a very lengthy answer. There have been quite a few owners of the famed supercar producer and its rights. It all started in 1963 when Ferruccio Lamborghini founded his company with a single mission on his mind. He wanted to produce a touring supercar with refined qualities like power and luxury, qualities that his Ferrari lacked.
He envisioned offering more than just an automobile. He wanted to offer an experience to road drivers, not just the racecar drivers. With his completion of the Lamborghini Miura in 1966, and less than a thousand produced, he did just that.
Over ten solid years, Lamborghini grew into a well-known and respected name within the automotive world. However, like all good things, it would seem to come to an end, as the 1973 worldwide downturn, accompanied by the first oil crisis, caused havoc on the financial stability of the company. In 1974, Ferruccio Lamborghini sold the company and retired from the game.
A Convoluted Exotic Car History
The name Lamborghini does not die there, as we all know. Georges-Henri Rossetti and René Leimer purchased the company with dreams of salvaging the great name of Lamborghini. However, this was a short tenure at ownership, as they went bankrupt just a few years later. After a court order, the company was then placed with Jean-Claude and Patrick Mimran. Not known at the time, this action was the saving grace for the Lamborghini we all know and love.
After a quick name change, Nuova Automobili Lamborghini SpA would move forward under more capable and visionary management and leadership. Patric Mimran would later be known as the man who saved Lamborghini. With his idealism and engineering know-how, this president and CEO released a whole new lineup, but sticking to attributes known to the brand, such as luxury, speed, and dependability. Lamborghini now offered an exotic high-performance off-road vehicle to further its diversity in the automotive world.
After years of success, Mimran eventually sold Lamborghini to the Chrysler company. During Crysler’s ownership, they were able to offer one of the most iconic Lamborghinis ever made, the Lamborghini Diablo. It seemed this car was seen in the majority of movies during the same time era to show social standing and to flaunt wealth.
Chrysler decided to sell Lamborghini after just seven years of ownership to an investment group. From there Mycom Setdco and V’Power Corporation held the rights and ownership. In 1998 Lamborghini found a new home under the control of the Volkswagen group.
New Life for Lamborghini Under Volkswagen
Volkswagen is no new kid to the block when it comes to exotic cars and raw power. With brands such as Porsche, Bently, Bugatti, and Audi under their belt, they are well-versed in the supercar industry. Between 2002 and 2007, Volkswagen restructured their automotive division by separating everything into two divisions: Volkswagen and Audi. These divisions would divide and conquer.
Volkswagen would focus on Skoda, Volkswagen, Bentley, and Bugatti. The Audi division would focus on SEAT, Audi, and Lamborghini. The Audi division has majored on speed and performance accompanied by luxury and a taste of the exotic. The Volkswagen division is more defined by “classic values.” Since the separation of the two divisions, the Volkswagen company has never been more profitable. Able to focus on different strengths, the company has truly advanced to an automotive giant.
Sell Your Lamborghini
Although ownership has changed many times throughout its history, the brand of Lamborghini has never faltered. From the determination of Ferrucio to the technological advancements made by Volkswagen, Lamborghini continues to be a top contender in the exotic cars industry. As Volkswagen company currently holds the rights and ownership to Lamborghini, we are sure the brand will continue to succeed and hold strong to the values of so many contributors throughout the years.
Do you want to sell your Lamborghini? A popular market exists for these exotic cars. iLusso can help you sell your Lamborghini, or we can help you locate one for purchase that is the perfect fit for your lifestyle. Check out our current inventory and contact us for help locating the perfect exotic car.
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