Producing magnate Italian Ferruccio Lamborghini founded the business in 1963 with the aim of producing a polished grand touring car to compete with offerings from established marques for example Ferrari. The company's first versions, such as the 350 GT, were released in the particular 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 of the era.Lamborghini grew rapidly during its first decade, but sales plunged inside wake of the 1973 worldwide financial downturn and the oil crisis. Ferruccio Lamborghini sold ownership in the company to Georges-Henri Rossetti in addition to René Leimer and upon the market in 1974. The company went belly up in 1978, and was placed within the receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by 1984 and invested heavily inside company's expansion. Under the Mimrans' operations, Lamborghini's model line was expanded in the Countach to include the Jalpa sports car and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini to the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco in addition to Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where it was placed under the control in the group's Audi division. New products and type lines were introduced for the brand's portfolio and given the market and saw a heightened productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent overall economy, Lamborghini's sales saw the drop of nearly 50 pct.
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Adjusted the 2015 model yr, Lamborghini's automobile product range consists of two model lines, both of which are usually mid-engine two-seat sports cars and trucks. The V12-powered Aventador line involves the LP 700-4 coupé along with roadster. The V10-powered Huracán range currently includes the all-wheel-drive LP 610-4 coupé in addition to roadster, as well as this less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to two times its car production by producing numerous SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for use in World Offshore Series Category 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu within) and outputs approximately 940 hp (700 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports motorcycle. UK weekly newspaper Bike News reported in 1994 - when featuring a sample available through an London motorcycle retailer - which 24 examples were produced using a Lamborghini alloy frame obtaining adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission product, Ceriani front forks and Marvic wheels. The bodywork was cheap and fully integrated together with front fairing merged straight into fuel tank and seat cover ending in the rear tail-fairing. The motorcycles were created by Lamborghini stylists and produced by French business Boxer Cycles.
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Brand merchandiseLamborghini licenses its brand name to manufacturers that produce a range of Lamborghini-branded consumer goods as well as scale models, clothing, accessories, bags, electronics and laptop computer systems.In contrast to his rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would end up being no factory-supported racing involving Lamborghinis, viewing motorsport as too costly and too draining about company resources. [citation needed] This was unusual to the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in certain was known for thinking of his road car business mostly a supply of funding for his involvement in motor racing. Ferruccio's policy led for you to tensions between him along with his engineers, many of whom have been racing enthusiasts; some had previously worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their time to the development on the P400 prototype, they designed it to become a road car with racing potential, one that could win about the track and also be driven on your way by enthusiasts. When Ferruccio discovered the project, he allowed them to search ahead, seeing it as a new potential marketing device for your company, while insisting that it will not be raced. The P400 went on become the Miura. The closest the company found building a true competition car under Lamborghini's supervision were a few highly modified prototypes, including those built by factory test driver Chad Wallace, such as the Miura SV-based "Jota" along with the Jarama S-based "Bob Wallace Special".
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Inside mid-1970s, while Lamborghini was beneath the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW in order to develop, then manufacture 400 cars for BMW as a way to meet Group 4 homologation prerequisites. BMW lacked experience possessing a mid-engined vehicle and thought that Lamborghini's experience as area would make Lamborghini a great choice of partner. Due to Lamborghini's unsure finances, Lamborghini fell behind timetable developing the car's construction and running gear. When Lamborghini failed to provide working prototypes on moment, BMW took the program in house, finishing development without Lamborghini. BMW contracted with Baur to make the car, which BMW named the particular M1, delivering the first auto in October 1978.
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