Did you know that Volkswagen actually owns Lamborghini It’s true! The German automaker acquired the Italian supercar brand in 1998. This move gave Volkswagen access to Lamborghini’s expertise in high-performance engines and supercar design.

When Did Volkswagen Buy Lamborghini

Volkswagen bought Lamborghini in 1998.

When did Volkswagen buy Lamborghini?

History of Lamborghini

Lamborghini was founded in 1963 by Ferruccio Lamborghini, an Italian industrialist who had made his fortune in the tractor business. Lamborghini was a car enthusiast, and he wanted to create a high-performance sports car that would rival the Ferraris of the day. The first Lamborghini, the 350 GT, was introduced in 1964 and was an immediate success. Lamborghini continued to produce high-performance sports cars throughout the 1960s and 1970s, but the company struggled financially. In 1973, Lamborghini was sold to the Mimran brothers, who attempted to turn the company around. However, the Mimrans were unable to save Lamborghini, and in 1980, the company was sold to Chrysler.

Chrysler ownership of Lamborghini

Chrysler owned Lamborghini from 1980 to 1994. During this time, Lamborghini produced a number of successful cars, including the Countach and the Diablo. However, Chrysler was unable to turn Lamborghini around financially, and in 1994, the company was sold to the Volkswagen Group.

Volkswagen ownership of Lamborghini

Volkswagen has owned Lamborghini since 1998. Under Volkswagen, Lamborghini has continued to produce high-performance sports cars, including the Murciélago and the Aventador. Lamborghini has also expanded its product line to include SUVs, such as the Urus.

Conclusion

Lamborghini is a world-renowned brand of high-performance sports cars. The company has a long and storied history, and it is currently owned by Volkswagen. Lamborghini continues to produce some of the most exciting and desirable cars on the market.

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FAQs: When did Volkswagen buy Lamborghini?

When did Volkswagen buy Lamborghini?

Volkswagen acquired Lamborghini in 1998.

Why did Volkswagen buy Lamborghini?

Volkswagen wanted to add a luxury sports car brand to its lineup.

What has Volkswagen done with Lamborghini since the acquisition?

Volkswagen has invested heavily in Lamborghini, developing new models and expanding the brand’s global reach.

What are some of the most popular Lamborghini models?

Some of the most popular Lamborghini models include the Aventador, Huracan, and Urus.

Is Lamborghini still a profitable brand for Volkswagen?

Yes, Lamborghini is still a profitable brand for Volkswagen.