In Business This Week
IS ANYONE KICKING LAMBORGHINI'S TIRES?
Down the road at Chrysler, Lamborghini may be back on the block. At the recent Paris auto show, Chairman Lee Iacocca said three buyers have expressed interest in the unit--two from Italy and one in the U.S., says Ward's Automotive Reports.
But with sales of exotic cars, such as the $200,000 Lamborghini Diablo, on the skids, it's unclear who would cough up Lamborghini's $40 million estimated value. Chrysler, which paid $25 million for the sports-car maker in 1987, says it ended its search for a buyer a year ago because of the slump.EDITED BY DEIDRE A. DEPKE