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Making magnate Italian Ferruccio Lamborghini founded the corporation in 1963 with the aim of producing a sophisticated grand touring car to tackle offerings from established marques for instance Ferrari. The company's first types, such as the 350 GT, were released in this mid-1960s and were noted for their 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 with the era.Lamborghini grew rapidly during its first 10 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 Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti as well as René Leimer and outdated in 1974. The company went insolvent 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 simply by 1984 and invested heavily inside the company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded on the Countach to include the Jalpa sports vehicle and the LM002 powerful off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa plus the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco and Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where it turned out placed under the control on the group's Audi division. New products and design lines were introduced towards 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 the drop of nearly 50 per cent.

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At the time of the 2015 model year, Lamborghini's automobile product range contains two model lines, both of which tend to be mid-engine two-seat sports autos. The V12-powered Aventador line contains the LP 700-4 coupé and roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice its car production by producing several SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for used in World Offshore Series School 1 powerboats. A Lamborghini branded marine engine displaces approximately 8, 171 cc (499 cu within) and outputs around 940 hp (800 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of an 1, 000 cc sports bike. UK weekly newspaper Tandem News reported in 1994 - when featuring a case in point available through an Kent motorcycle retailer - which 24 examples were produced using a Lamborghini alloy frame having adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks and also Marvic wheels. The bodywork was plastic material and fully integrated 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 created by French business Boxer Bicycles.

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Branded merchandiseLamborghini licenses its manufacturer to manufacturers that produce various Lamborghini-branded consumer goods as well 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 always be no factory-supported racing involving Lamborghinis, viewing motorsport as very costly and too draining on company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority as a result of motorsport participation. Enzo Ferrari in specific was known for taking into consideration his road car business mostly a method to obtain funding for his contribution in motor racing. Ferruccio's policy led to be able to tensions between him as well as his engineers, many of whom were racing enthusiasts; some had previously worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development on the P400 prototype, they designed it to be a road car with auto racing potential, one that could win on the track and also be driven on the highway by enthusiasts. When Ferruccio discovered your project, he allowed them to look ahead, seeing it as a new potential marketing device with the company, while insisting that it would not be raced. The P400 went through to become the Miura. The closest the company came to building a true ethnic background car under Lamborghini's supervision were a couple of highly modified prototypes, including those built by factory test driver Joe Wallace, such as the Miura SV-based "Jota" along with the Jarama S-based "Bob Wallace Special".

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Within the mid-1970s, while Lamborghini was beneath management of Georges-Henri Rossetti, Lamborghini entered into the agreement with BMW to build up, then manufacture 400 cars for BMW as a way to meet Group 4 homologation specifications. BMW lacked experience making a mid-engined vehicle and presumed that Lamborghini's experience because area would make Lamborghini the perfect choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind timetable developing the car's composition and running gear. When Lamborghini failed to deliver working prototypes on period, BMW took the program internal, finishing development without Lamborghini. BMW contracted with Baur to generate the car, which BMW named the M1, delivering the first vehicle in October 1978.

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