Is Lamborghini owned by Audi?

Automobili Lamborghini S.p.A. (Italian pronunciation: [autoˈmɔːbili lamborˈɡiːni]) is an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant’Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.

Did Audi bought Lamborghini?

Volkswagen subsidiary Audi AG acquired Lamborghini in September 1998 for around US$110 million.

Who owns Lamborghini now?

Audi
Volkswagen Group
Lamborghini/Parent organizations

Automobili Lamborghini is controlled by Volkswagen Group-owned Audi. Founded by Ferruccio Lamborghini in 1963, its current models include the Huracán, Aventador and Urus – all of which rely heavily on Volkswagen Group components.

Does Audi build Lamborghini?

Developed by Lamborghini, for use in the Gallardo, and the first engine developed for Automobili Lamborghini S.p.A. after they were acquired by AUDI AG – part of the Volkswagen Group.

Who is Audi owned by?

the Volkswagen group
Today, the Volkswagen group owns dozens of high-performance automakers, including Lamborghini, Bugatti, Porsche, and Bentley. The question of who owns Audi and who makes Audi is simply answered with: The Volkswagen Auto Group.

When did VAG buy Lamborghini?

Volkswagen went on a sports car company buying spree in 1998, first scooping up Lamborghini. During that year, it also paid $790 million for Bentley, and an estimated $50 million for Bugatti.

Who makes Lamborghini?

the Volkswagen Group
Lamborghini | Brands & Models of the Volkswagen Group.

Why is Lamborghini owned by Audi?

Audi made a calculation that it made a lot more sense to just absorb Lamborghini than to go through with this proposed V-8 engine deal. Audi AG signed a deal to buy Lamborghini on June 13, 1998 for an estimated $110 million, a mere fraction of what it paid for Bentley. Yes, Piëch was on something of a shopping spree in 1998.

Does Volkswagen own Audi?

Volkswagen AG (German: [ˈfɔlksˌvaːgn̩]), known internationally as the Volkswagen Group, is a German multinational automotive manufacturing company headquartered in Wolfsburg , Lower Saxony , Germany and indirectly majority owned by the Austrian Porsche-Piech family. The Group also owns five defunct marques which are managed through the companies Auto Union GmbH and NSU GmbH, both of which are 100\% owned by AUDI AG:

Is Lamborghini owned by Volkswagen?

Automobili Lamborghini S.p.A. (Italian: [lamborˈɡiːni] ( listen)) is an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant’Agata Bolognese and tractors Lamborghini Trattori in Pieve di Cento , Italy. The company is owned by the Volkswagen Group through its subsidiary Audi .

Does the Audi R8 have a Lamborghini engine?

The Lamborghini Gallardo and the Audi R8 are essentially the same vehicle. They utilize the same engine, transmission, and many suspension and brake components. The frame of the vehicles is almost identical.