Production magnate Italian Ferruccio Lamborghini founded the corporation in 1963 with the objective of producing a sophisticated grand touring car to compete with offerings from established marques like Ferrari. The company's first versions, such as the 350 GT, were released in the mid-1960s and were noted with regards to refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for your Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars from the era.Lamborghini grew rapidly during its first decade, but sales plunged from the wake of the 1973 worldwide financial downturn plus the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti in addition to René Leimer and outdated in 1974. The company went belly up in 1978, and was placed from the receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased the company out of receivership by 1984 and invested heavily inside company's expansion. Under the Mimrans' management, Lamborghini's model line was expanded from your Countach to include the Jalpa sports car 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 plus the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco along with Indonesian group V'Power Institution in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it had been placed under the control on the group's Audi division. New products and design lines were introduced for the brand's portfolio and brought to the market and saw a heightened productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent financial crisis, Lamborghini's sales saw a new drop of nearly 50 percentage.
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Since the 2015 model season, Lamborghini's automobile product range consists of two model lines, both of which tend to be mid-engine two-seat sports cars and trucks. The V12-powered Aventador line involves the LP 700-4 coupé in addition to roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé along with roadster, as well as this less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to double its car production by producing several SUVs by 2018 while sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for easy use in World Offshore Series Type 1 powerboats. A Lamborghini branded boat engine displaces approximately 8, 171 cc (499 cu within) and outputs somewhere around 940 hp (800 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports street bike. UK weekly newspaper Tandem News reported in 1994 - when featuring an example available through an Essex motorcycle retailer - of which 24 examples were produced with a Lamborghini alloy frame acquiring adjustable steering head point of view, Kawasaki GPz1000RX engine/transmission device, Ceriani front forks and also Marvic wheels. The bodywork was plastic-type and fully integrated along with front fairing merged directly into fuel tank and seat cover ending in a very rear tail-fairing. The motorcycles were created by Lamborghini stylists and created by French business Boxer Bikes.
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Top quality merchandiseLamborghini licenses its manufacturer to manufacturers that produce a number of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop personal computers.In contrast to the rival Enzo Ferrari, Ferruccio Lamborghini had decided at the beginning that there would become no factory-supported racing involving Lamborghinis, viewing motorsport as too expensive and too draining on company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority as a result of motorsport participation. Enzo Ferrari in particular was known for thinking about his road car business mostly a source of funding for his taking part in motor racing. Ferruccio's policy led to tensions between him and his engineers, many of whom ended up racing enthusiasts; some had previously labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development with the P400 prototype, they designed it to be a road car with sporting potential, one that could win about the track and also be driven on the highway by enthusiasts. When Ferruccio discovered the particular project, he allowed them to look ahead, seeing it as any potential marketing device for that company, while insisting that it might not be raced. The P400 went through to become the Miura. The closest the company stumbled on building a true battle car under Lamborghini's supervision were a number of highly modified prototypes, including those built through factory test driver William 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 beneath management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to formulate, then manufacture 400 cars for BMW to be able to meet Group 4 homologation prerequisites. BMW lacked experience making a mid-engined vehicle and considered that Lamborghini's experience because area would make Lamborghini the best choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind routine developing the car's framework and running gear. When Lamborghini failed to provide working prototypes on moment, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to create the car, which BMW named this M1, delivering the first automobile in October 1978.
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