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South Africa Adopts Secrecy Law That Ma...
Published:Tue, 22 Nov 2011 18:09:14 -0800
South Africa’s Parliament approved a law to protect state secrets that opposition parties, labor unions and media companies say will curb free speech and stifle efforts to expos......
Law protecting Afghan women has long wa...
Published:Wed, 23 Nov 2011 02:20:50 -0800
KABUL (Reuters) - Afghan authorities are failing to enforce the law to protect women from murder, beating, rape and other violence and being sold into marriage and prostitution, t......
U.S. News Debates Law Schools over Addi...
Published:Wed, 23 Nov 2011 10:01:25 -0800
I represented U.S. News at an early November 2011 meeting at St. Johns School of Law in New York that was titled Opening Doors: Making Diversity Matter in Law School Admissions.......
Analysis: Whistleblower-law passage sta...
Published:Wed, 23 Nov 2011 13:10:13 -0800
NEW YORK (Reuters) - For many states, a law intended to root out corruption also has been good for the bottom line. Over the last decade, more than 20 states have passed a version......
Scant use of law protecting Afghan wome...
Published:Tue, 22 Nov 2011 22:58:26 -0800
A landmark law aiming to protect Afghan womens rights by criminalising acts like child marriage and rape is only being used to prosecute a small number of cases, the United Nation......
Lamborghini

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Automobili Lamborghini S.p.A.,commonly referred to as Lamborghini is an Italian automaker. The company was founded by manufacturing magnate Ferruccio Lamborghini in 1963, with the objective of producing a refined grand touring car to compete with established offerings from marques like Ferrari.

The company's first models were released in the mid-1960s, and were noted for their refinement, power, and comfort. Lamborghini gained wide acclaim in 1966 for the Miura sports coupé, which established mid-engine design as the standard layout for high-performance cars of the era. After a decade of rapid growth, hard times befell the company in the mid-1970s, as sales plunged in the wake of the 1973 world financial downturn and oil crisis. After going through bankruptcy and three changes in ownership, Lamborghini came under the corporate umbrella of the Chrysler Corporation in 1987. The American company failed to return the automaker to profitability and sold it to Indonesian interests in 1994. Lamborghini's lack of success continued through the 1990s, until the company was sold in 1998 to Audi, a subsidiary of the Volkswagen Group, a German automotive concern. Audi's ownership marked the beginning of a period of stability and increased productivity for Lamborghini, with sales increasing nearly tenfold over the course of the 2000s, peaking in record sales in 2007 and 2008. The world financial crisis in the late 2000s negatively affected luxury car makers worldwide, and saw Lamborghini's sales drop back to pre-2006 levels.

Assembly of Lamborghini cars continues to take place at the automaker's ancestral home in Sant'Agata Bolognese, where engine and automobile production lines run side-by-side at the company's single factory. Fewer than 3,000 cars roll off the production line each year. The company currently offers two variations of a single model, the V10-powered Gallardo coupé and roadster. The flagship V12-powered Murciélago coupé and roadster were discontinued at the end of 2010, with a successor expected in 2011.

 

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