Producing magnate Italian Ferruccio Lamborghini founded the organization in 1963 with the aim of producing a refined grand touring car to contend with offerings from established marques for example Ferrari. The company's first products, such as the 350 GT, were released in this mid-1960s and were noted for their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for your Miura sports coupé, which established rear mid-engine, rear wheel drive for the reason that standard layout for high-performance cars on the era.Lamborghini grew rapidly during its first several years, but sales plunged within the wake of the 1973 worldwide financial downturn along with the oil crisis. Ferruccio Lamborghini sold ownership in the company to Georges-Henri Rossetti as well as René Leimer and outdated in 1974. The company went belly up in 1978, and was placed inside the receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased the organization out of receivership simply by 1984 and invested heavily within the company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded in the Countach to include the Jalpa fancy car and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini on the Chrysler Corporation in 1987. After replacing the Countach while using Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco and also Indonesian group V'Power Firm in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where ıt had been placed under the control on the group's Audi division. New products and product lines were introduced towards the brand's portfolio and brought to the market and saw an increased productivity for the model Lamborghini. In the late 2000s, during the worldwide financial crisis and the subsequent recession, Lamborghini's sales saw a drop of nearly 50 percentage.
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As of the 2015 model 12 months, Lamborghini's automobile product range contains two model lines, both of which are generally mid-engine two-seat sports vehicles. The V12-powered Aventador line involves the LP 700-4 coupé as well as roadster. The V10-powered Huracán range currently includes the all-wheel-drive LP 610-4 coupé and roadster, as well as the actual less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to increase its car production by producing numerous SUVs by 2018 seeing that sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for use within World Offshore Series Category 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu throughout) and outputs around 940 hp (seven hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of any 1, 000 cc sports motorcycle. UK weekly newspaper Tandem News reported in 1994 - when featuring an example available through an Essex motorcycle retailer - of which 24 examples were produced which has a Lamborghini alloy frame having adjustable steering head position, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks and Marvic wheels. The bodywork was cheap and fully integrated along with front fairing merged into fuel tank and seat cover ending inside a rear tail-fairing. The motorcycles were created by Lamborghini stylists and produced by French business Boxer Motorbikes.
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Brand name merchandiseLamborghini licenses its brand name to manufacturers that produce a variety of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would possibly be no factory-supported racing associated with Lamborghinis, viewing motorsport as too expensive and too draining upon company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority through motorsport participation. Enzo Ferrari in certain was known for contemplating his road car business mostly a source of funding for his involvement in motor racing. Ferruccio's policy led to help tensions between him as well as his engineers, many of whom were racing enthusiasts; some had previously labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development from the P400 prototype, they designed it as a road car with auto racing potential, one that could win about the track and also be driven on the highway by enthusiasts. When Ferruccio discovered this project, he allowed them to look ahead, seeing it as a potential marketing device with the company, while insisting that it might not be raced. The P400 went on become the Miura. The closest the company found building a true competition car under Lamborghini's supervision were some highly modified prototypes, including those built by means of factory test driver Chad Wallace, such as the Miura SV-based "Jota" and also the Jarama S-based "Bob Wallace Special".
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In the mid-1970s, while Lamborghini was under the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to build up, then manufacture 400 cars for BMW to be able to meet Group 4 homologation specifications. BMW lacked experience developing a mid-engined vehicle and believed that Lamborghini's experience in this area would make Lamborghini the perfect choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind timetable developing the car's composition and running gear. When Lamborghini failed to produce working prototypes on period, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to make the car, which BMW named the particular M1, delivering the first car in October 1978.
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