Automobili Lamborghini S.p.A. is an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese.
Sport-utility, SUV or sport-ute is an automotive classification, typically a kind of station wagon / estate car with off-road vehicle features like raised ground clearance and ruggedness, and available four-wheel drive.
A sports car is a small, usually two seater, two door automobile designed for spirited performance and nimble handling.
Sant'Agata Bolognese is a small comune in the Metropolitan City of Bologna, Emilia-Romagna, in the north of Italy.
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The company is owned by the Volkswagen Group through its subsidiary Audi.
Volkswagen AG, known internationally as Volkswagen Group, is a German multinational automotive manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany.
Audi AG is a German automobile manufacturer that designs, engineers, produces, markets and distributes luxury vehicles.
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Ferruccio Lamborghini, an Italian manufacturing magnate, founded Automobili Ferruccio Lamborghini S.p.A. in 1963 to compete with established marques, including Ferrari.
The company gained wide acclaim in 1966 for the Miura sports coupé, which established rear mid-engine, rear-wheel drive as the standard layout for high-performance cars of the era.
A coupé or coupe is a passenger car with a sloping rear roofline and generally two doors.
Lamborghini grew rapidly during its first decade, but sales plunged in the wake of the 1973 worldwide financial downturn and the oil crisis.
The firm's ownership changed three times after 1973, including a bankruptcy in 1978.
American Chrysler Corporation took control of Lamborghini in 1987 and sold it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994.
Chrysler is one of the "Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan.
In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it was placed under the control of the group's Audi division.
New products and model lines were introduced to the brand's portfolio and brought to the market and saw an increased productivity for the brand.
In the late 2000s, during the worldwide financial crisis and the subsequent economic crisis, Lamborghini's sales saw a drop of nearly 50 percent.
Lamborghini currently produces the V12-powered Aventador and the V10-powered Huracán, along with the Urus SUV powered by a twin-turbo V8 engine.
A V8 engine is an eight-cylinder piston engine where the cylinders share a common crankshaft and are arranged in a V configuration.
Twin-turbo refers to an engine in which two turbochargers compress the intake fuel/air mixture.
In addition, the company produces V12 engines for offshore powerboat racing.
A V12 engine is an twelve-cylinder piston engine where two banks of six cylinders are arranged in a V configuration around a common crankshaft.
Offshore powerboat racing is a type of racing by ocean-going powerboats, typically point-to-point racing.
Lamborghini Trattori, founded in 1948 by Ferruccio Lamborghini, is headquartered in Pieve di Cento, Italy and continues to produce tractors.
A tractor is an engineering vehicle specifically designed to deliver a high tractive effort at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.
Pieve di Cento is a comune in the Metropolitan City of Bologna in the Italian region Emilia-Romagna, located about 25 kilometres north of Bologna.