Creation magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a enhanced grand touring car to tackle offerings from established marques for instance Ferrari. The company's first designs, such as the 350 GT, were released in your mid-1960s and were noted for his or her refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for that Miura sports coupé, which established rear mid-engine, rear wheel drive because the standard layout for high-performance cars with the era.Lamborghini grew rapidly during its first several years, but sales plunged within the wake of the 1973 worldwide financial downturn plus the oil crisis. Ferruccio Lamborghini sold ownership of the company to Georges-Henri Rossetti in addition to René Leimer and retired in 1974. The company went insolvent in 1978, and was placed in the receivership of brothers Jean-Claude in addition to Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by 1984 and invested heavily inside the company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded from the Countach to include the Jalpa low rider and the LM002 high performance 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 to be able to Malaysian investment group Mycom Setdco in addition to Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it was placed under the control in the group's Audi division. New products and product lines were introduced for the brand's portfolio and exposed to the market and saw an increased productivity for the model Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent overall economy, Lamborghini's sales saw a new drop of nearly 50 percentage.
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Since the 2015 model year, Lamborghini's automobile product range consists of two model lines, both of which are mid-engine two-seat sports automobiles. The V12-powered Aventador line contains 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 also roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to double its car production by producing several SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for use in World Offshore Series Course 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu with) and outputs somewhere around 940 hp (800 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of the 1, 000 cc sports street bike. UK weekly newspaper Motor bike News reported in 1994 - when featuring an example available through an Kent motorcycle retailer - which 24 examples were produced that has a Lamborghini alloy frame having adjustable steering head angle, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks and also Marvic wheels. The bodywork was plastic and fully integrated using front fairing merged directly into fuel tank and seat cover ending in the rear tail-fairing. The motorcycles were designed by Lamborghini stylists and manufactured by French business Boxer Motorcycles.
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Printed merchandiseLamborghini licenses its brand to manufacturers that produce a number of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop pcs.In contrast to the rival Enzo Ferrari, Ferruccio Lamborghini had decided early on that there would be no factory-supported racing associated with Lamborghinis, viewing motorsport as too costly and too draining with company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in unique was known for taking into consideration his road car business mostly a method to obtain funding for his participation in motor racing. Ferruccio's policy led to be able to tensions between him and also his engineers, many of whom had been racing enthusiasts; some had previously did wonders at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their free time to the development of the P400 prototype, they designed it to be a road car with sporting potential, one that could win for 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 for your company, while insisting that it will not be raced. The P400 went on become the Miura. The closest the company stumbled on building a true competition car under Lamborghini's supervision were several highly modified prototypes, including those built simply by factory test driver Bob Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".
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In the mid-1970s, while Lamborghini was within the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW in order to develop, then manufacture 400 cars for BMW to be able to meet Group 4 homologation needs. BMW lacked experience creating a mid-engined vehicle and considered that Lamborghini's experience in that area would make Lamborghini the perfect choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind program developing the car's construction and running gear. When Lamborghini failed to provide working prototypes on time, BMW took the program internally, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named the actual M1, delivering the first automobile in October 1978.
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