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Making magnate Italian Ferruccio Lamborghini founded the business in 1963 with the aim of producing a sophisticated grand touring car to take on offerings from established marques for instance Ferrari. The company's first products, such as the 350 GT, were released in the 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 in the era.Lamborghini grew rapidly during its first ten years, but sales plunged from the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti and also René Leimer and upon the market in 1974. The company went broke in 1978, and was placed inside the receivership of brothers Jean-Claude and also Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by means of 1984 and invested heavily inside the company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded on the Countach to include the Jalpa sports vehicle and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini for the Chrysler Corporation in 1987. After replacing the Countach using the Diablo and discontinuing the Jalpa along with the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco as well as Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini on the Volkswagen Group where it turned out placed under the control from the group's Audi division. New products and type lines were introduced towards brand's portfolio and taken to the market and saw a greater productivity for the company Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent financial crisis, Lamborghini's sales saw some sort of drop of nearly 50 %.

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As of the 2015 model season, Lamborghini's automobile product range consists of two model lines, both of which are mid-engine two-seat sports cars. The V12-powered Aventador line contains the LP 700-4 coupé along with roadster. The V10-powered Huracán series currently includes the all-wheel-drive LP 610-4 coupé along with roadster, as well as the actual less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to double its car production by producing several SUVs by 2018 seeing that sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for use within World Offshore Series Course 1 powerboats. A Lamborghini branded sea engine displaces approximately 8, 171 cc (499 cu in) and outputs roughly 940 hp (700 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of any 1, 000 cc sports street bike. UK weekly newspaper Bike News reported in 1994 - when featuring a sample available through an Kent motorcycle retailer - that 24 examples were produced that has a Lamborghini alloy frame obtaining adjustable steering head angle, Kawasaki GPz1000RX engine/transmission unit, Ceriani front forks along with Marvic wheels. The bodywork was plastic-type material and fully integrated along with front fairing merged directly into fuel tank and seat cover ending within a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and made by French business Boxer Bicycles.

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Top quality merchandiseLamborghini licenses its company to manufacturers that produce a variety of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop pcs.In contrast to his rival Enzo Ferrari, Ferruccio Lamborghini had decided early on that there would become no factory-supported racing associated with Lamborghinis, viewing motorsport as too costly and too draining about company resources. [citation needed] This was unusual for that time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority by way of motorsport participation. Enzo Ferrari in distinct was known for contemplating his road car business mostly a way to obtain funding for his engagement in motor racing. Ferruccio's policy led for you to tensions between him and his engineers, many of whom have been racing enthusiasts; some had previously labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development on the P400 prototype, they designed it as a road car with race potential, one that could win about the track and also be driven while travelling by enthusiasts. When Ferruccio discovered your project, he allowed them to search ahead, seeing it as some sort of potential marketing device for the company, while insisting that it will not be raced. The P400 went on to become the Miura. The closest the company found building a true competition car under Lamborghini's supervision were several highly modified prototypes, including those built through factory test driver Frank Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".

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From the mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into the agreement with BMW to develop, then manufacture 400 cars for BMW so that you can meet Group 4 homologation needs. BMW lacked experience having a mid-engined vehicle and believed that Lamborghini's experience in this area would make Lamborghini an ideal choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind plan developing the car's construction and running gear. When Lamborghini failed to deliver working prototypes on moment, BMW took the program internally, 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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