Is Lamborghini owned by Audi?
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. New products and model lines were introduced to the brand’s portfolio and brought to the market and saw an increased productivity for the brand Lamborghini. Volkswagen Group owns several prestigious brands, including Bentley, Bugatti, Lamborghini, Audi, Ducati, and Porsche. This diverse portfolio spans luxury cars, motorcycles, and high-performance vehicles, reflecting Volkswagen’s significant presence in the automotive industry.As a result, Volkswagen learnt that the Lamborghini brand was for sale. Following lengthy negotiations, Automobili Lamborghini S. A. July 10, 1998. Lamborghini became the Volkswagen Group’s third luxury brand alongside Bentley and Bugatti in 1998.