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. 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. 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.
April 28, 1916 – February 20, 1993) was an Italian industrialist. Born to grape farmers from the comune of Cento in the Emilia-Romagna region, his mechanical know-how led him to enter the business of tractor manufacturing in 1948, when he founded Lamborghini Trattori, which quickly became an important manufacturer of agricultural equipment in the midst of Italy's post-WWII economic boom. In 1959, he opened an oil heater factory, Lamborghini Bruciatori, which later entered the business of producing air conditioning equipment. In 1963, he most famously created Automobili Lamborghini, a maker of high-end sports cars in Sant'Agata Bolognese. Lamborghini founded a fourth company, Lamborghini Oleodinamica in 1969. Lamborghini sold off many of his interests by the late 1970s and retired to an estate in Umbria
In 1991, he started his professional career at the German financial institution MLP. In the following years, he focused his interests on the automotive industry, working first for Mercedes-Benz and then for Fiat Auto from 1994 to 2004 in marketing and sales, both in Italy and abroad. He was then appointed as CEO of Fiat Auto Austria, Switzerland and lastly Fiat Auto Germany.
On 1 January 2005, Stephan Winkelmann was appointed President and CEO of Automobili Lamborghini S.p.A. in Sant’Agata Bolognese (Italy). In early 2016 he left Lamborghini to join Audi's Quattro division.
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Lamborghini Gifts A Customised Huracan RWD To Pope Francis For Charity