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Tag Archive 'Bankruptcy'

At the time, Lamborghini was working on a successor to the Countach, the Diablo. The car’s original design had been penned by Marcello Gandini, the veteran who had penned the exterior appearances of the Miura and the Countach while working for coachbuilder Bertone. However, Chrysler executives, unimpressed with Gandini’s work, commissioned the American car-maker’s own [...]

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The immediate results of the investment were good. A Countach “Quattrovolve”, producing a mighty 455 bhp, was released in 1984; the fumbling Cheetah project resulted in the release of the Lamborghini LM002 sport utility vehicle in 1986. However, despite the Mimrans’ efforts, the investments proved insufficient to revive the company. Seeking a large, stable financial [...]

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