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Automobili Lamborghini S.p.A. is definitely an Italian brand name and manufacturer of luxury sports cars and SUVs situated in Sant'Agata Bolognese and tractors Lamborghini Trattori in Pieve di Cento, Italy. The company is belonging to the Volkswagen Group through its subsidiary Audi.Ferruccio Lamborghini, an Italian manufacturing magnate, founded Automobili Ferruccio Lamborghini S.p.A. in 1963 to contend with established marques, including Ferrari. The company gained wide acclaim in 1966 for that Miura sports coupé, which established rear mid-engine, rear wheel drive as being the standard layout for high-performance cars with the era. Lamborghini grew rapidly during its first decade, but sales plunged inside the wake in the 1973 worldwide financial downturn and also the oil crisis. The firm's ownership changed triple after 1973, including a bankruptcy in 1978. American Chrysler Corporation took charge of Lamborghini in 1987 and sold it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where it absolutely was placed under the control from the group's Audi division.New products and model lines were introduced to your brand's portfolio and brought towards the market and saw a higher productivity with the brand. In the late 2000s, through the worldwide financial crisis along with the subsequent recession, Lamborghini's sales saw a drop of nearly 50 %.Lamborghini produces sports cars and V12 engines for offshore powerboat racing. Lamborghini currently produces the V12-powered Aventador plus the V10-powered Huracán together with the Urus SUV powered using a twin-turbo V8 engine.Throughout its history, Lamborghini has envisioned and presented a range of concept cars, from 1963 with all the very first Lamborghini prototype, the 350GTV. Other famous models include Bertone's 1967 Marzal, 1974 Bravo, and 1980 Athon, Chrysler's 1987 Portofino, the Italdesign-styled Cala from 1995, the Zagato-built Raptor from 1996.A retro-styled Lamborghini Miura concept car, the 1st creation of chief designer Walter de'Silva, was presented in 2006. President and CEO Stephan Winkelmann denied the concept will be put into production, saying that this Miura concept was "a celebration of our own history, but Lamborghini is about the future. Retro design isn't what we are to put. So we won’t perform [new] Miura.”At the 2008 Paris Motor Show, Lamborghini revealed the Estoque, a four-door sedan concept. Although there was much speculation concerning the Estoque's eventual production, Lamborghini management hasn't made a decision regarding output of what might be the initial four-door car to roll out from the Sant'Agata factory.The Estoque, a 2008 sedan conceptAt this years Paris Motor Show, Lamborghini unveiled the Sesto Elemento. The concept car is produced almost entirely of carbon fibre rendering it extremely light, weighing only 999 kg. The Sesto Elemento shares the identical V10 engine found within the Lamborghini Gallardo. Lamborghini hopes to signal a shift within the company's direction from making super cars devoted to top speed to producing more agile, track focused cars using the Sesto Elemento. The concept car can reach 0–62 by two.5 seconds which enables it to reach a highly regarded speed well over 180 mph.At the 2012 Geneva Motor Show, Lamborghini unveiled the Aventador J – a roofless, windowless version with the Lamborghini Aventador. The Aventador J uses the identical 700 hp engine and seven-speed transmission because the standard Aventador.At the 2012 Beijing Motor Show, Lamborghini unveiled the Urus SUV. This is the very first SUV built by Lamborghini because the LM002.As part on the celebration of half a century of Lamborghini, the organization created the Egoista. Egoista is good for one person's driving and just one Egoista shall be made.At the 2014 Paris Motor Show, Lamborghini unveiled the Asterion LPI910-4 hybrid concept car. Named following half-man, half-bull hybrid (Minotaur) of Greek legend, it is the very first hybrid Lamborghini within the history on the company. Utilizing the Huracán's 5.2 litre V10 producing 607 horsepower, in conjunction with one electric motor attached to the transaxle plus an additional two about the front axle, developing a different 300 horsepower. This puts the electricity at a combined figure of 907 horsepower. The 0–100 km/h time is claimed for being just above three seconds, which has a claimed top speed of 185 mph.