Lamborghini is a super car company that has been named after its founder Ferruccio Lamborghini. Ferruccio Lamborghini founded the company when he was 47 years old.
Ferruccio was the supervisor of the vehicle maintenance unit in the Italian Air Force during the period of the Second World War.
The headquarters of
Lamborghini is located at a small town in Italy called Sant'Agata Bolognese near Bologna.
The reason for which Ferruccio started his company in this small town was that he had a constructive financial agreement with the communist city leadership. The conditions of the agreement clearly mentioned that he would not pay tax on the plant's profits for its first ten years of trading and the communist leadership will also get a share in the profit which would be deposited at the bank, at an interest rate of 19 per cent.
The charging golden bull on a black background is the logo of the car company and it represents the Taurus, the sun sign of Ferruccio.
The logo has close similarities with the logo of Ferrari, black horse on a yellow background.
Before the company got into manufacturing sports cars, Ferruccio had a garage where he manufactured tractors.
Tractors and farm implements and equipments are still manufactured in Europe, under the Lamborghini name.
The company’s cars share their name with famous Spanish fighting bulls.
Ferruccio Lamborghini was a sports car buff and bought high-performance cars like Maserati and
Ferrari. But Ferruccio was not satisfied with their performance
He owned a Ferrari 250GTS that had a constant nagging clutch problem which frustrated him to the extent of making him think of manufacturing a perfect car for himself with no problems at all.
Ferruccio hired Giotto Bizzarrini, who was in the team of developing the famous Ferrari 250 GTO, and Gian Paolo Dallara, a chassis engineer, both of them who had already worked for Ferrari, for manufacturing his first automobile.
The first Lamborghini, prototype 350GTV, was unveiled during the Turin Motor Show held in 1963.
The hood of the first model 350GTV consisted 230 kgs of bricks in the place of the engine when the car was unveiled.
A smaller version of the 350GTV, 350GT, was launched in 1964 which had a top speed of 240 kilometres per hour. And in two years time over 120 units of the car was sold.
The initial years didn’t bring in any success for the car maker as Lamborghini sold just 13 cars by the end of 1964 (All sold at loss) so as to compete with Ferrari.
Miura P400 Roadster, commonly known as Miura Spider, an open top version, was sold off to an American metal alloy supplier, who made use of it as a marketing device.
The first real popular model from Lamborghini is Espada. A total number of 1,200 units were sold during its ten years of production.
Most of the Lamborghini models had a V12
engine except for the Gallardo, which has a V10 engine.
Lamborghini not only produces cars but also has a whole range of off-beat products such as perfumes, high-heels female shoes and
ASUS Lamborghini notebook computers to name a few which serves as a merchandiser for the company.
Ferruccio Lamborghini funded for his sports car company with the assets he had got from his tractors, air conditioning, and heating units businesses.
Ferruccio had made a strict rule that banned the cars that was built by him from being used in auto racing. In spite of this huge marketing drawback, Lamborghini was able to establish its name in the high performance sports car market.
It was in the year 2007 that the company sold the most number of cars, it sold around 2,580 cars.
From a period ranging from 1964 to 2008 Lamborghini has produced 15 car models, excluding the first model, 350 GTV, which didn’t go on mass production.
Having a top speed of 370 kilometre per hour, Le Mans version of the Murcielago R-GT model is the fastest car from Lamborghini. With an estimated top speed of 340 km/h, Murcielago LP640 tops the list of the fastest street car models. Both these models are equipped with a V12 engine which has more than 6000 cc.
The Countach that was manufactured by Lamborghini after getting influenced by Walter Wolf, an F1 racing team owner, had similar engine as the innovative Countach prototype and had a top speed of 315 kilometres per hour.
Murcielago is currently the only model with scissor doors that rotate up and forward on a hinge near the front of the door. The Countach and the Diablo are the other two models, which had scissor doors, but they are not in production anymore.
Once an independent company, it is now a subsidiary of the German company Audi AG, which is by itself a subsidiary of
Volkswagen Group.
During the receivership, the Swiss Mimran brothers, well-known food entrepreneurs who were also sports cars enthusiasts, were appointed to oversee the company.
It was in 1998 that Audi AG became the owner of Lamborghini.
Lamborghini went bankrupt in 1978 and was sold to
Chrysler a long time before Audi AG became the sole owner of the company.