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Chrysler got a concept car out of the deal. Lamborghini got an iconic supercar. The Mimran brothers, billionaire Swiss entrepreneurs who made a fortune in sugar production and banking, in were the only people to ever make money owning Lamborghini. And on April 23, 1987, they sold the famed bullfighting company to Chrysler for $25.2 million.

Chrysler buys luxury automaker Lamborghini. Lamborghini was established in 1963 by Ferruccio Lamborghini (1916-1993), a wealthy Italian industrialist who made his fortune building tractors and air-conditioning systems, among other ventures. Lamborghini owned a variety of sports cars, including Ferraris.

American Chrysler Corporation took control of Lamborghini in 1987 and sold it to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. 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.

That Time Lamborghini Made A Sedan That Became A Chrysler. The first Lambos were front-engined GTs; there was the famous Hummer-esque LM002; and then there was this. This is the Lamborghini Portofino. It's a sedan, but it has four scissor doors in case there's any doubt as to its Lamborghini heritage. It also has a 3.5-liter V8 stuffed behind the back seats.

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