Production magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a refined grand touring car to contest with offerings from established marques like Ferrari. The company's first types, such as the 350 GT, were released in the particular mid-1960s and were noted for his or her refinement, power and comfort. Lamborghini gained wide acclaim in 1966 with the Miura sports coupé, which established rear mid-engine, rear wheel drive because standard layout for high-performance cars from the era.Lamborghini grew rapidly during its first decade, but sales plunged within the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership on the company to Georges-Henri Rossetti as well as René Leimer and retired in 1974. The company went on the rocks in 1978, and was placed inside receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by simply 1984 and invested heavily within the company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded on the Countach to include the Jalpa fancy car and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini to the Chrysler Corporation in 1987. After replacing the Countach using the Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco and Indonesian group V'Power Firm in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it absolutely was placed under the control with the group's Audi division. New products and product lines were introduced on the brand's portfolio and exposed to the market and saw an elevated productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial crisis and the subsequent financial crisis, Lamborghini's sales saw a drop of nearly 50 %.
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At the time of the 2015 model year, Lamborghini's automobile product range contains two model lines, both of which are usually mid-engine two-seat sports autos. The V12-powered Aventador line includes the LP 700-4 coupé as well as roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé along with roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice its car production by producing as much SUVs by 2018 seeing that sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for easy use in World Offshore Series School 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu throughout) and outputs roughly 940 hp (700 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of any 1, 000 cc sports motorcycle. UK weekly newspaper Motor bike News reported in 1994 - when featuring a sample available through an Kent motorcycle retailer - which 24 examples were produced which has a Lamborghini alloy frame possessing adjustable steering head position, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks as well as Marvic wheels. The bodywork was cheap and fully integrated together with front fairing merged in to fuel tank and seat cover ending in a very rear tail-fairing. The motorcycles were designed by Lamborghini stylists and that is generated by French business Boxer Bicycles.
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Printed merchandiseLamborghini licenses its brand name to manufacturers that produce a variety of Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop computer systems.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would be no factory-supported racing associated with Lamborghinis, viewing motorsport as too costly and too draining about 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 specific was known for contemplating his road car business mostly a supply of funding for his involvement in motor racing. Ferruccio's policy led to tensions between him and his engineers, many of whom had been racing enthusiasts; some had previously proved helpful at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development on the P400 prototype, they designed it to become a road car with auto racing potential, one that could win on the track and also be driven on your way by enthusiasts. When Ferruccio discovered this project, he allowed them to look ahead, seeing it as a potential marketing device for your company, while insisting that it will not be raced. The P400 went onto become the Miura. The closest the company located building a true battle car under Lamborghini's supervision were a few highly modified prototypes, including those built through factory test driver William Wallace, such as the Miura SV-based "Jota" as well as the Jarama S-based "Bob Wallace Special".
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From the mid-1970s, while Lamborghini was under 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 needs. BMW lacked experience developing a mid-engined vehicle and believed that Lamborghini's experience as area would make Lamborghini a great choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind program developing the car's framework and running gear. When Lamborghini failed to deliver working prototypes on time, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to produce the car, which BMW named the particular M1, delivering the first vehicle in October 1978.
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