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

Does Volkswagen Own Lamborghini

Yes, Volkswagen owns Lamborghini.

Does Volkswagen own Lamborghini?

Volkswagen and Lamborghini are two of the most iconic brands in the automotive industry. Volkswagen is a German multinational automotive manufacturer founded in 1937, while Lamborghini is an Italian sports car manufacturer founded in 1963. Both companies have a long and storied history, and they have both produced some of the most iconic cars ever made.

History of Volkswagen

Volkswagen was founded in 1937 by the German government as a state-owned company. The company’s goal was to produce an affordable car for the masses, and the result was the Volkswagen Beetle. The Beetle was an instant success, and it quickly became one of the most popular cars in the world.

In the 1960s, Volkswagen began to expand its product line, and it introduced a number of new models, including the Volkswagen Golf and the Volkswagen Passat. Volkswagen also began to expand internationally, and it became one of the largest automakers in the world.

History of Lamborghini

Lamborghini was founded in 1963 by Ferruccio Lamborghini. Lamborghini was a successful tractor manufacturer, and he wanted to create a sports car that was more powerful and luxurious than anything else on the market. The result was the Lamborghini Miura, which was introduced in 1966.

The Miura was an instant success, and it helped to establish Lamborghini as a major player in the sports car market. Lamborghini continued to produce a number of successful models, including the Lamborghini Countach and the Lamborghini Diablo.

Volkswagen’s acquisition of Lamborghini

In 1998, Volkswagen acquired Lamborghini. The acquisition was seen as a way for Volkswagen to expand its product line and to gain access to Lamborghini’s expertise in sports car design and engineering.

Since the acquisition, Volkswagen has invested heavily in Lamborghini, and the company has continued to produce some of the most iconic sports cars in the world. Lamborghini is now a wholly owned subsidiary of Volkswagen, and it is one of the most profitable brands in the Volkswagen Group.

Conclusion

Volkswagen and Lamborghini are two of the most iconic brands in the automotive industry. Volkswagen is a global leader in the automotive industry, while Lamborghini is a renowned manufacturer of high-performance sports cars. The two companies have a long and storied history, and they have both produced some of the most iconic cars ever made.

Also Read: Do Volkswagen Own Audi

FAQs

Does Volkswagen own Lamborghini?

Yes, Volkswagen owns Lamborghini. Volkswagen acquired Lamborghini in 1998.

What brands does Volkswagen own?

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

How many cars does Volkswagen sell each year?

Volkswagen sells over 10 million cars each year.

Where is Volkswagen headquartered?

Volkswagen is headquartered in Wolfsburg, Germany.

What is Volkswagen’s mission statement?

Volkswagen’s mission statement is to move people forward.