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. In the late 2000s,
during the worldwide financial crisis and the subsequent economic crisis,
Lamborghini's sales saw a drop of nearly 50 per cent.

Lamborghini currently produces the V10-powered Huracán, Urus SUV powered by

a twin-turbo V8 engine, and will produce the Revuelto, a V12/electric hybrid, as of
2024. In addition, the company produces V12 engines for offshore powerboat racing.

Lamborghini Trattori, founded in 1948 by Ferruccio Lamborghini, is headquartered

in Pieve di Cento, Italy, and continues to produce tractors. Since 1973, Lamborghini
Trattori has been a separate entity from the automobile manufacturer.

History
Main article: History of Lamborghini

Ferruccio Lamborghini with a Jarama and a tractor of his

brand
Manufacturing magnate Italian Ferruccio Lamborghini founded the company in 1963
with the objective of producing a refined grand touring car to compete with offerings
from established marques such as Ferrari. The company's first models, such as
the 350 GT, were released in the mid-1960s. Lamborghini was noted for the
1966 Miura sports coupé, which used a rear mid-engine, rear-wheel drive layout.

In 1963, Ferruccio Lamborghini, already an established industrialist who

manufactured tractors, boilers, and air conditioners, founded Lamborghini Automobili
on May 7, 1963. [5]

The company was headquartered in a purpose-built facility in Sant'Agata Bolognese.

He surrounded himself with highly capable engineers and technicians: Giotto
Bizzarrini designed the engine, Gian Paolo Dallara and Paolo Stanzani developed
the chassis, and Franco Scaglione designed the bodywork. The first model, the 350
GTV, was not a success due to its futuristic style and remained a one-off prototype.
The project was then handed over to the Milanese coachbuilder Touring, which
created a more classic and sober design. The new car, named the 350 GT, was a
fast and elegant two-seater grand tourer (according to Ferruccio's standards) and
was the first series-produced car by Lamborghini. It achieved moderate sales
success and was followed by the 400 GT (which benefited from an increased engine
capacity) and the 400 GT 2+2, both presented in 1966.