Is Lambo owned by BMW?

Is Lambo owned by BMW?

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. Lamborghini (officially Automobili Lamborghini S. A. Lambo) is an Italian manufacturer of luxury sports cars and SUVs based in Sant’Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.

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