Production magnate Italian Ferruccio Lamborghini founded the organization in 1963 with the aim of producing a processed 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 because of their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 to 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 several years, but sales plunged inside wake of the 1973 worldwide financial downturn along with the oil crisis. Ferruccio Lamborghini sold ownership of 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 from the receivership of brothers Jean-Claude in addition to 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' managing, Lamborghini's model line was expanded on the Countach to include the Jalpa fancy car and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini for the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa as well as the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco as well as Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where it turned out placed under the control on the group's Audi division. New products and style lines were introduced towards the brand's portfolio and brought to the market and saw an elevated productivity for the model Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent overall economy, Lamborghini's sales saw a drop of nearly 50 %.
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By the 2015 model year, Lamborghini's automobile product range involves two model lines, both of which are generally mid-engine two-seat sports autos. The V12-powered Aventador line involves the LP 700-4 coupé as well as roadster. The V10-powered Huracán brand 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 as numerous SUVs by 2018 while sports cars.Motori Marini Lamborghini produces a huge V12 marine engine block for use in World Offshore Series School 1 powerboats. A Lamborghini branded marine engine displaces approximately 8, 171 cc (499 cu with) and outputs about 940 hp (seven hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports street bike. UK weekly newspaper Motor cycle News reported in 1994 - when featuring a sample available through an Essex motorcycle retailer - that will 24 examples were produced using a Lamborghini alloy frame having adjustable steering head position, Kawasaki GPz1000RX engine/transmission unit, Ceriani front forks in addition to Marvic wheels. The bodywork was plastic material and fully integrated using front fairing merged in fuel tank and seat cover ending in a very rear tail-fairing. The motorcycles were created by Lamborghini stylists and created by French business Boxer Bicycles.
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Brand merchandiseLamborghini licenses its brand name to manufacturers that produce a number of Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to the rival Enzo Ferrari, Ferruccio Lamborghini had decided ahead of time that there would be no factory-supported racing involving Lamborghinis, viewing motorsport as too expensive and too draining with company resources. [citation needed] This was unusual for that time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority by way of motorsport participation. Enzo Ferrari in particular was known for considering his road car business mostly a supply of funding for his involvement in motor racing. Ferruccio's policy led to help tensions between him and also his engineers, many of whom were racing enthusiasts; some had previously worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development with the P400 prototype, they designed it to become road car with sporting potential, one that could win on the track and also be driven on the road by enthusiasts. When Ferruccio discovered this project, he allowed them to travel ahead, seeing it as a new potential marketing device to the company, while insisting that it would not be raced. The P400 went through to become the Miura. The closest the company found building a true ethnic background car under Lamborghini's supervision were several highly modified prototypes, including those built through factory test driver Frank Wallace, such as the Miura SV-based "Jota" plus the Jarama S-based "Bob Wallace Special".
Within the mid-1970s, while Lamborghini was beneath the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to build up, then manufacture 400 cars for BMW to be able to meet Group 4 homologation demands. BMW lacked experience having a mid-engined vehicle and believed that Lamborghini's experience because area would make Lamborghini a perfect choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind program developing the car's structure and running gear. When Lamborghini failed to offer working prototypes on moment, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to produce the car, which BMW named the particular M1, delivering the first car in October 1978.
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