Manufacturing magnate Italian Ferruccio Lamborghini founded the organization in 1963 with the aim of producing a enhanced grand touring car to tackle offerings from established marques for example Ferrari. The company's first types, such as the 350 GT, were released in your mid-1960s and were noted for refinement, power and comfort. Lamborghini gained wide acclaim in 1966 with the Miura sports coupé, which established rear mid-engine, rear wheel drive for the reason that standard layout for high-performance cars in the era.Lamborghini grew rapidly during its first several years, but sales plunged inside wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti in addition to René Leimer and retired in 1974. The company went belly up in 1978, and was placed in the receivership of brothers Jean-Claude and also Patrick Mimran in 1980. The Mimrans purchased this company out of receivership by means of 1984 and invested heavily within the company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded from the Countach to include the Jalpa sports vehicle and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini to the Chrysler Corporation in 1987. After replacing the Countach with the Diablo and discontinuing the Jalpa plus the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco along with Indonesian group V'Power Institution in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards Volkswagen Group where it was placed under the control of the group's Audi division. New products and design lines were introduced for the brand's portfolio and delivered to the market and saw a heightened productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent financial crisis, Lamborghini's sales saw a new drop of nearly 50 %.
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Since the 2015 model yr, Lamborghini's automobile product range includes two model lines, both of which usually are mid-engine two-seat sports autos. The V12-powered Aventador line includes the LP 700-4 coupé along with roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé and roadster, as well as the actual less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to dual its car production by producing as much SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a sizable V12 marine engine block for use in World Offshore Series School 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu inside) and outputs about 940 hp (seven hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports motorbike. UK weekly newspaper Bike News reported in 1994 - when featuring an example available through an London motorcycle retailer - that 24 examples were produced having a Lamborghini alloy frame getting adjustable steering head viewpoint, Kawasaki GPz1000RX engine/transmission product, Ceriani front forks as well as Marvic wheels. The bodywork was plastic-type material and fully integrated with front fairing merged in to fuel tank and seat cover ending inside a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and that is generated by French business Boxer Motorbikes.
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Brand name merchandiseLamborghini licenses its brand name to manufacturers that produce a range of Lamborghini-branded consumer goods which includes scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to his or her rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would become no factory-supported racing associated with Lamborghinis, viewing motorsport as very 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 through motorsport participation. Enzo Ferrari in unique was known for thinking about his road car business mostly a source of funding for his involvement in motor racing. Ferruccio's policy led to help tensions between him as well as his engineers, many of whom had been racing enthusiasts; some had previously worked at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development on the P400 prototype, they designed it as a road car with auto racing potential, one that could win about the track and also be driven on the road by enthusiasts. When Ferruccio discovered your project, he allowed them to go ahead, seeing it as some sort of potential marketing device for the company, while insisting that it might not be raced. The P400 went on become the Miura. The closest the company stumbled on building a true contest car under Lamborghini's supervision were some highly modified prototypes, including those built simply by factory test driver Bob Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".
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Inside mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW in order to develop, then manufacture 400 cars for BMW in order to meet Group 4 homologation demands. BMW lacked experience making a mid-engined vehicle and assumed that Lamborghini's experience in that area would make Lamborghini a great choice of partner. Due to Lamborghini's unsure finances, Lamborghini fell behind plan developing the car's design and running gear. When Lamborghini failed to offer working prototypes on time, BMW took the program in house, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named your M1, delivering the first car or truck in October 1978.
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