Editing Lamborghini (section)

==History==
{{Main|History of Lamborghini}}
[[File:Ferruccio lamborghini.jpg|thumb|[[Ferruccio Lamborghini]] with a [[Lamborghini Jarama|Jarama]] and a tractor of his brand]]

Manufacturing magnate Italian [[Ferruccio Lamborghini]] founded the company in 1963 with the objective of producing a refined [[grand tourer|grand touring car]] to compete with offerings from established marques such as [[Ferrari]]. The company's first models, such as the [[Lamborghini 350 GT|350 GT]], were released in the mid-1960s. Lamborghini was noted for the 1966 [[Lamborghini Miura|Miura]] sports [[coupé]], which used a [[rear mid-engine, rear-wheel-drive layout|rear mid-engine, rear-wheel drive]] layout.

In [[1963]], Ferruccio Lamborghini, already an established industrialist who manufactured tractors, boilers, and air conditioners, founded Lamborghini Automobili on May 7, 1963.<ref>{{Cite web|url=https://www.lamborghini.com/en-en/news/lamborghinis-innovators-from-the-past|title=Lamborghini's Innovators from the Past|website=Lamborghini|publisher=Automobili Lamborghini S.p.A.|accessdate=July 10, 2024}}</ref>

The company was headquartered in a purpose-built facility in [[Sant'Agata Bolognese]]. He surrounded himself with highly capable engineers and technicians: [[Giotto Bizzarrini]] designed the engine, [[Giampaolo Dallara|Gian Paolo Dallara]] and Paolo Stanzani developed the chassis, and Franco Scaglione designed the bodywork. The first model, the 350 GTV, was not a success due to its futuristic style and remained a one-off prototype. The project was then handed over to the Milanese coachbuilder Touring, which created a more classic and sober design. The new car, named the 350 GT, was a fast and elegant two-seater grand tourer (according to Ferruccio's standards) and was the first series-produced car by Lamborghini. It achieved moderate sales success and was followed by the 400 GT (which benefited from an increased engine capacity) and the 400 GT 2+2, both presented in 1966.

Lamborghini grew rapidly during its first ten years, but sales fell in the wake of the [[1973–1974 stock market crash|1973 worldwide financial downturn]] and the [[1973 oil crisis|oil crisis]]. Ferruccio Lamborghini sold the company to Georges-Henri Rossetti and René Leimer and retired in 1974. The company went bankrupt in 1978, and was placed in the receivership of brothers Jean-Claude and [[Patrick Mimran]] in 1980. The Mimrans purchased the company out of receivership by 1984 and invested heavily in its expansion. Under the Mimrans' management, Lamborghini's model line was expanded from the [[Lamborghini Countach|Countach]] to include the [[Lamborghini Jalpa|Jalpa]] sports car and the [[Lamborghini LM002|LM002]] high-performance off-road vehicle.

The Mimrans sold Lamborghini to the [[Chrysler|Chrysler Corporation]] in 1987. After replacing the Countach with the [[Lamborghini Diablo|Diablo]] and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. 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 Lamborghini. In the late 2000s, during the [[Great Recession]], Lamborghini's sales dropped nearly 50%.

In 2021, the CEO of Lamborghini said that by 2024 all its models will be hybrid.<ref>{{Cite web|last=Valdes-Dapena|first=Peter|title=Every Lamborghini will have an electric motor by 2024|url=https://www.cnn.com/2021/05/18/success/lamborghini-electric-hybrid-supercars/index.html|access-date=18 May 2021|website=CNN Business|date=18 May 2021|archive-date=3 July 2021|archive-url=https://web.archive.org/web/20210703011440/https://www.cnn.com/2021/05/18/success/lamborghini-electric-hybrid-supercars/index.html|url-status=live}}</ref>

{| class="wikitable"
|+ Lamborghini ownership
|-
!Years!!Owner
|-
!1963–1972
|Ferruccio Lamborghini
|-
!1972–1977
|{{nowrap|Georges-Henri Rossetti and René Leimer}}
|-
!1977–1984
|Receivership
|-
!1984–1987
|Patrick Mimran
|-
!1987–1994
|Chrysler Corporation
|-
!1994–1995
|MegaTech
|-
!1995–1998
|V'Power and Mycom Sedtco
|-
!{{nowrap|1998–present}}
|Audi AG
|}