In 1963 Ferruccio Lamborghini, an Italian manufacturer founded Automobili Ferruccio Lamborghini S.p.A to compete with other established brands, including Ferrari. The company gained a lot of praises in 1966 for the Miura sports coupe, which established rear mid-engine, rear wheel drive, which later became a standard layout for high-performance cars. The ownership of the firm changed three times after 1973, including a bankruptcy in 1978. In 1987 American Chryster Corporation took control of Lamborghini and sold it Malaysian investment group Mycom Setdco and Indonesian group V Power Corporation in 1994. In 1998, Mycom Setdco and V Power Corporation sold Lamborghini to the Volkswagen Group where it was placed under the control of the group's Audi division.
Automobili Lamborghini S.p.A. is an Italian brand and manufacturer of luxury sports car and SUV's based in Sant'Agata Bolognese, Italy. Currently the company produces the V12 powered Aventador and the V10 powered Huracan.
Lamborghini's identity came from the world of bullfighting. In 1962, Ferruccio Lamborghini visited the Seville ranch of Don Eduardo Miura, a renowned breeder of Spanish fighting bulls. Mr. Lamborghini a Taurus himself was so impressed by the mighty Miura Animals that he decided to adopt a raging bull as the emblem for the company he opened later in 1963.
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