Yes, Volkswagen does own Lamborghini. The German automaker acquired the Italian supercar brand in 1998 for $110 million. Lamborghini has since become a subsidiary of Volkswagen Group, and its cars are still produced in Sant’Agata Bolognese, Italy.

Do Volkswagen Own Lamborghini

Yes, Volkswagen does own Lamborghini.

Does Volkswagen Own Lamborghini?

History of Volkswagen and Lamborghini

Volkswagen and Lamborghini have a long history together. In 1998, Volkswagen acquired Lamborghini from the Mimran Group for $110 million. At the time, Lamborghini was struggling financially and Volkswagen saw an opportunity to acquire a prestigious brand at a relatively low price.

Lamborghini Under Volkswagen

Since being acquired by Volkswagen, Lamborghini has undergone a number of changes. The company has been reorganized and new models have been introduced. Lamborghini has also expanded its product range to include SUVs and crossovers.

Benefits of Volkswagen Ownership for Lamborghini

Volkswagen’s ownership of Lamborghini has been beneficial for both companies. Volkswagen has provided Lamborghini with financial support and access to its global distribution network. Lamborghini has also benefited from Volkswagen’s engineering expertise and manufacturing capabilities.

Criticisms of Volkswagen Ownership of Lamborghini

Some critics have argued that Volkswagen’s ownership of Lamborghini has diluted the brand’s exclusivity. They argue that Lamborghini has become more mainstream under Volkswagen’s ownership and that the company has lost some of its cachet.

Conclusion

Overall, Volkswagen’s ownership of Lamborghini has been a positive experience for both companies. Lamborghini has benefited from Volkswagen’s financial support, engineering expertise, and manufacturing capabilities. Volkswagen has benefited from Lamborghini’s prestigious brand and its expertise in high-performance sports cars.

Also Read: How Much Volkswagen Worth

FAQs

Does Volkswagen own Lamborghini?

Yes, Volkswagen owns Lamborghini. The German automaker acquired the Italian supercar brand in 1998.

When did Volkswagen buy Lamborghini?

Volkswagen acquired Lamborghini in 1998 for a reported price of $110 million.

What other brands does Volkswagen own?

In addition to Lamborghini, Volkswagen owns a number of other brands, including Audi, Bentley, Bugatti, Ducati, Porsche, and Seat.

Why did Volkswagen buy Lamborghini?

Volkswagen acquired Lamborghini in order to expand its luxury and sports car offerings. Lamborghini is known for its high-performance supercars, such as the Aventador and the Huracan.

What has Volkswagen done with Lamborghini since the acquisition?

Since acquiring Lamborghini, Volkswagen has invested heavily in the brand. The company has introduced new models, such as the Urus SUV, and has expanded Lamborghini’s production capacity.