Production magnate Italian Ferruccio Lamborghini founded the business in 1963 with the objective of producing a processed grand touring car to tackle offerings from established marques for instance Ferrari. The company's first models, such as the 350 GT, were released in your 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 because standard layout for high-performance cars with the era.Lamborghini grew rapidly during its first decade, but sales plunged within the wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti and also René Leimer and launched onto in 1974. The company went belly up in 1978, and was placed from the receivership of brothers Jean-Claude and also Patrick Mimran in 1980. The Mimrans purchased the business out of receivership by 1984 and invested heavily in the company's expansion. Under the Mimrans' management, Lamborghini's model line was expanded in the Countach to include the Jalpa sports vehicle and the LM002 high end off-road vehicle.The Mimrans sold Lamborghini to the Chrysler Corporation in 1987. After replacing the Countach while using Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini for you to Malaysian investment group Mycom Setdco along with Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where it absolutely was placed under the control on the group's Audi division. New products and model lines were introduced on the brand's portfolio and taken to the market and saw an elevated productivity for the company Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent economic crisis, Lamborghini's sales saw a new drop of nearly 50 percent.
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As of the 2015 model 12 months, Lamborghini's automobile product range contains two model lines, both of which tend to be mid-engine two-seat sports cars. The V12-powered Aventador line includes the LP 700-4 coupé as well as roadster. The V10-powered Huracán series currently includes the all-wheel-drive LP 610-4 coupé and roadster, as well as the particular less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to two times its car production by producing as many SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for easy use in World Offshore Series Category 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu in) and outputs roughly 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports motorbike. UK weekly newspaper Bike News reported in 1994 - when featuring an example available through an Essex motorcycle retailer - that will 24 examples were produced having a Lamborghini alloy frame getting adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission product, Ceriani front forks along with Marvic wheels. The bodywork was plastic and fully integrated with front fairing merged in fuel tank and seat cover ending in a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and created by French business Boxer Bicycles.
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Branded merchandiseLamborghini licenses its manufacturer to manufacturers that produce many different Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop pcs.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would possibly be no factory-supported racing regarding Lamborghinis, viewing motorsport as too expensive and too draining about company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority by means of motorsport participation. Enzo Ferrari in particular was known for thinking about his road car business mostly a source of funding for his contribution in motor racing. Ferruccio's policy led for you to tensions between him and also his engineers, many of whom ended up racing enthusiasts; some had previously proved helpful at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development of the P400 prototype, they designed it to be a road car with auto racing potential, one that could win within the track and also be driven on your way by enthusiasts. When Ferruccio discovered the particular project, he allowed them to search ahead, seeing it as some sort of potential marketing device to the company, while insisting that it will not be raced. The P400 went to become the Miura. The closest the company came to building a true race car under Lamborghini's supervision were several highly modified prototypes, including those built by means of factory test driver William Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".
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Inside the mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW to develop, then manufacture 400 cars for BMW to be able to meet Group 4 homologation specifications. BMW lacked experience making a mid-engined vehicle and considered that Lamborghini's experience in this area would make Lamborghini the perfect choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind program developing the car's design and running gear. When Lamborghini failed to supply working prototypes on period, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to generate the car, which BMW named the M1, delivering the first automobile in October 1978.
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