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About Lamborghini

Lamborghini was founded in 1963 in Sant'Agata Bolognese, a small village between Bologna and Modena, Italy, by Ferruccio Lamborghini. The company's first car, the 350 GTV was introduced at the Turin Motor Show in the fall of 1963 and the production started, with the model 350 GT the year after, and this was followed in the sixties and the early seventies by the legendary Miura, Islero, Espada, Jarama and Countach. In 1973, following the first oil crisis, the company got into financial difficulties and Ferruccio Lamborghini sold 51 % of his shares to a Swiss investor, Georges-Henri Rossetti. One year later, he sold the remainder to a second Swiss investor, Renďż˝ Leimer.

Due to continued financial difficulties, the company was forced to enter into receivership in 1978. However, it was able to maintain the operational side
of the business till 1980 when it was declared bankrupt and went into liquidation. In July 1980, it was sold by the official receiver to the Mimran brothers,well known French tycoons in the food industry. It was during this period that the company produced the various Urraco models and the all-terrain vehicle study, the Cheetah.

Owing to the rapid growth of Automobili Lamborghini S.p.A. in the early eighties and the resultant necessity for capital investment, the company had to look for an investor from the automotive industry. In April 1987, the U.S. car manufacturer Chrysler bought 100% of the company's shares. In 1990, the most successful Lamborghini model up to that time, the Countach, was replaced by the Diablo. By then, 2,000 of this model had left the factory.

In 1994, Chrysler sold Lamborghini to Megatech. In 1995, it changed hands again, with 60% of the shares being taken by V'Power, a company controlled by "Tommy" Suharto. The other 40% were bought by Mycom, a Malaysian investment company.

At the beginning of 1998, AUDI entered into negotiations on the possibility of technical cooperation. With effect from July 1998, AUDI executed an agreement to take over Lamborghini's entire share capital.

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Relates News And Gossip

Blancpain’s Hot Rod
Blancpain’s Hot Rod

Blancpain

Nicolas Cage Outbid Leonardo DiCaprio for a $276,000 Dinosaur Skull
Nicolas Cage Outbid Leonardo DiCaprio for a $276,000 Dinosaur Skull

The financially-troubled star's purchases also included pet shark, a used $495,000 Lamborghini, thre[...]

Beautiful, Safe, Affordable--And It Gets 100 Mpg: X PRIZE Picks Next Round of Automotive Contestants
Beautiful, Safe, Affordable--And It Gets 100 Mpg: X PRIZE Picks Next Round of Automotive Contestants

NEW YORK--The Ferraris, Lamborghinis, Porsches and other conventional sports cars were bumped from the showroom of the Manhattan Classic Car Club today in favor of a motley array of alternative vehicles--many of which could likely out-accelerate the world-renowned sports cars . From high-schoolers modifying a Ford Focus hybrid to run on biofuel to would-be manufacturers of three-wheeled electric vehicles, the X PRIZE's seven automotive expert judges have winnowed a field of 135 vehicles down to 53, powered by six different fuel sources and coming from 18 states and 10 countries. And five of them were on display today in lower Manhattan.


Italian Lamborghini cop car on display in Holland (AP)
Italian Lamborghini cop car on display in Holland 
    (AP)

AP - The Dutch are about to learn how Italian police catch speeders.

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Under normal circumstances, driving a Lamborghini Murci&#233;lago at top speed provides enough excitement for one day. Twelve cylinders wailing away behind your head as you floor the accelerator is enough to get anyone

Robb Design Portfolio: Singular Sensation
Robb Design Portfolio: Singular Sensation

Bertone

Go Platinum, Door-to-Door
Go Platinum, Door-to-Door

Join the Miami-based Air Platinum Club and you

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The Toys of Summer: Roadster Revelation

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Is the Hydrogen Car of the Future Running on Empty?
Is the Hydrogen Car of the Future Running on Empty?

A Lamborghini Murci&eacute;lago zips by as we cruise through central New Jersey on Route 78 West. My fellow motorists watch the sleek, $350,000 roadster until it slips out of sight but pay no mind to our tidy, four-door sedan. The only clues that our car is at all unusual are its exterior badges, its ultraquiet operation and a faint but persistent compressor whine. In reality, however, our 2008 Honda FCX Clarity is a potentially revolutionary vehicle: hydrogen fills its gas tank and powers its fuel cell.&quot;Nobody notices us even though this car probably costs as much as the Lambo,&quot; I observe. Unconfirmed reports say the Clarity costs more than $200,000, but Chris Naughton, the Honda rep sitting in the passenger seat, refuses to disclose the price tag. &quot;This car is a lot cleaner,&quot; he offers.



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