Lamborghini

Automobili-Lamborghini SpA, commonly called the Lamborghini is a car maker in Italy. The company was founded by Ferruccio Lamborghini in 1963, with the aim to produce a grand tour car that can compete with established offerings from Marques such as Ferrari. The company's first models were released in mid-1960, and accounted for the improvement, power, and convenience. Lamborghini gets praise in 1966. After several decades, the company hit hard times in the mid-1970s, as sales fell because of the financial crisis and the 1973 world oil crisis. After passing through a bankruptcy and three times a change of ownership, Lamborghini became a subsidiary of Chrysler in 1987. Lamborghini's lack of success continued through the 1990's, until the company was sold in 1998 to the Audi, a subsidiary of the Volkswagen Group, a German automotive company. Audi ownership marked the beginning of a period of stability and increased productivity for Lamborghini, with sales increasing nearly tenfold during the 2000s, peaking at record sales in 2007 and 2008. world monetary crisis in the late 2000's negative impact on the luxury car makers worldwide, and see the Lamborghini sales dropped back to pre-2006 levels.