Producing magnate Italian Ferruccio Lamborghini founded the company in 1963 with the aim of producing a polished grand touring car to compete with offerings from established marques for instance Ferrari. The company's first models, such as the 350 GT, were released in the actual 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 as the standard layout for high-performance cars of the era.Lamborghini grew rapidly during its first several years, but sales plunged in the wake of the 1973 worldwide financial downturn along with the oil crisis. Ferruccio Lamborghini sold ownership in the company to Georges-Henri Rossetti along with René Leimer and launched onto in 1974. The company went on the rocks in 1978, and was placed in the receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership through 1984 and invested heavily from the company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded on the Countach to include the Jalpa expensive car and the LM002 powerful off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach while using the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini in order to Malaysian investment group Mycom Setdco and also Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where ıt had been placed under the control from the group's Audi division. New products and style lines were introduced on the brand's portfolio and given the market and saw a heightened productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent recession, Lamborghini's sales saw the drop of nearly 50 %.
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At the time of the 2015 model calendar year, Lamborghini's automobile product range consists of two model lines, both of which are 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 series currently includes the all-wheel-drive LP 610-4 coupé in addition to roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice its car production by producing as many SUVs by 2018 while sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for used in World Offshore Series School 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu with) and outputs around 940 hp (seven hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports bike. UK weekly newspaper Bike News reported in 1994 - when featuring a good example available through an Essex motorcycle retailer - which 24 examples were produced using a Lamborghini alloy frame obtaining adjustable steering head point of view, Kawasaki GPz1000RX engine/transmission product, Ceriani front forks along with Marvic wheels. The bodywork was plastic material and fully integrated together with front fairing merged straight into fuel tank and seat cover ending inside a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and manufactured by French business Boxer Bicycles.
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Brand name merchandiseLamborghini licenses its brand to manufacturers that produce various Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to his or her rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would be no factory-supported racing regarding Lamborghinis, viewing motorsport as too expensive and too draining with company resources. [citation needed] This was unusual for your time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority by means of motorsport participation. Enzo Ferrari in particular was known for thinking of his road car business mostly a cause of funding for his participation in motor racing. Ferruccio's policy led to be able to tensions between him as well as his engineers, many of whom were being racing enthusiasts; some had previously labored 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 racing potential, one that could win on the track and also be driven while travelling by enthusiasts. When Ferruccio discovered your project, he allowed them to visit ahead, seeing it as a new potential marketing device with the company, while insisting that it could not be raced. The P400 went on to become the Miura. The closest the company found building a true contest car under Lamborghini's supervision were a couple of highly modified prototypes, including those built simply by factory test driver Chad 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 a good agreement with BMW to formulate, then manufacture 400 cars for BMW in order to meet Group 4 homologation specifications. BMW lacked experience possessing a mid-engined vehicle and considered that Lamborghini's experience in that area would make Lamborghini a great choice of partner. Due to Lamborghini's unsure finances, Lamborghini fell behind timetable developing the car's design and running gear. When Lamborghini failed to offer working prototypes on occasion, BMW took the program internally, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named this M1, delivering the first auto in October 1978.
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