Production magnate Italian Ferruccio Lamborghini founded the business in 1963 with the aim of producing a enhanced 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 this 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 in the era.Lamborghini grew rapidly during its first a decade, but sales plunged within the wake of the 1973 worldwide financial downturn along with the oil crisis. Ferruccio Lamborghini sold ownership on the company to Georges-Henri Rossetti and also René Leimer and on in 1974. The company went belly up in 1978, and was placed within the receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased this company out of receivership by means of 1984 and invested heavily inside company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded on the Countach to include the Jalpa low rider and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini towards Chrysler Corporation in 1987. After replacing the Countach using the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini in order to Malaysian investment group Mycom Setdco as well as Indonesian group V'Power Firm in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini on the Volkswagen Group where it was placed under the control in the group's Audi division. New products and type lines were introduced to the brand's portfolio and delivered to the market and saw a higher productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent overall economy, Lamborghini's sales saw a drop of nearly 50 pct.
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As of the 2015 model season, Lamborghini's automobile product range is made of two model lines, both of which are mid-engine two-seat sports automobiles. The V12-powered Aventador line consists of the LP 700-4 coupé in addition to roadster. The V10-powered Huracán brand currently includes the all-wheel-drive LP 610-4 coupé and also roadster, as well as the actual less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to increase its car production by producing numerous SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for utilization in World Offshore Series School 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu with) and outputs approximately 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 Tandem News reported in 1994 - when featuring a sample available through an Essex motorcycle retailer - of which 24 examples were produced which has a Lamborghini alloy frame acquiring adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks along with Marvic wheels. The bodywork was plastic material and fully integrated using front fairing merged into fuel tank and seat cover ending inside a rear tail-fairing. The motorcycles were created by Lamborghini stylists and manufactured by French business Boxer Bikes.
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Top quality merchandiseLamborghini licenses its model to manufacturers that produce many different Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop personal computers.In contrast to his rival Enzo Ferrari, Ferruccio Lamborghini had decided ahead of time that there would possibly be no factory-supported racing involving Lamborghinis, viewing motorsport as very costly and too draining about company resources. [citation needed] This was unusual with the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority through motorsport participation. Enzo Ferrari in specific was known for contemplating his road car business mostly a source of funding for his participation in motor racing. Ferruccio's policy led for you to tensions between him in addition to his engineers, many of whom were being racing enthusiasts; some had previously labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their time to the development of the P400 prototype, they designed it as a road car with racing potential, one that could win around the track and also be driven traveling by enthusiasts. When Ferruccio discovered this project, he allowed them to travel ahead, seeing it as a potential marketing device with the company, while insisting that it could 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 through factory test driver Frank Wallace, such as the Miura SV-based "Jota" along with 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 the 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 developing a mid-engined vehicle and thought that Lamborghini's experience in this area would make Lamborghini a perfect choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind routine developing the car's construction and running gear. When Lamborghini failed to deliver working prototypes on moment, BMW took the program in house, finishing development without Lamborghini. BMW contracted with Baur to create the car, which BMW named the M1, delivering the first vehicle in October 1978.
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