Manufacturing magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a polished grand touring car to tackle offerings from established marques for instance Ferrari. The company's first models, such as the 350 GT, were released in the mid-1960s and were noted with regards to refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for the Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars of the era.Lamborghini grew rapidly during its first 10 years, but sales plunged inside the wake of the 1973 worldwide financial downturn along with the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti as well as René Leimer and on in 1974. The company went insolvent in 1978, and was placed from the receivership of brothers Jean-Claude in addition to Patrick Mimran in 1980. The Mimrans purchased the company out of receivership simply by 1984 and invested heavily in the company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded from the Countach to include the Jalpa expensive car and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach while using the Diablo and discontinuing the Jalpa as well as the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco as well as Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it turned out placed under the control from the group's Audi division. New products and product lines were introduced on the brand's portfolio and exposed to the market and saw an increased productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent economic crisis, Lamborghini's sales saw a drop of nearly 50 %.
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At the time of the 2015 model calendar year, Lamborghini's automobile product range includes two model lines, both of which are usually mid-engine two-seat sports autos. The V12-powered Aventador line involves the LP 700-4 coupé along with roadster. The V10-powered Huracán line currently includes the all-wheel-drive LP 610-4 coupé and also roadster, as well as your less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to two times its car production by producing as much SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for utilization in World Offshore Series Course 1 powerboats. A Lamborghini branded maritime 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 a 1, 000 cc sports motorbike. UK weekly newspaper Motor bike News reported in 1994 - when featuring an illustration available through an Essex motorcycle retailer - that 24 examples were produced that has a Lamborghini alloy frame acquiring adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks in addition to Marvic wheels. The bodywork was plastic and fully integrated using front fairing merged straight into fuel tank and seat cover ending within 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 various Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided early on that there would always be no factory-supported racing of Lamborghinis, viewing motorsport as very costly and too draining with company resources. [citation needed] This was unusual with 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 participation in motor racing. Ferruccio's policy led in order to tensions between him as well as his engineers, many of whom ended up racing enthusiasts; some had previously worked at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their free time to the development in the P400 prototype, they designed it to be a road car with race potential, one that could win within the track and also be driven on the highway by enthusiasts. When Ferruccio discovered your project, he allowed them to go ahead, seeing it as a new potential marketing device to the company, while insisting that it will not be raced. The P400 went through to become the Miura. The closest the company stumbled on building a true battle car under Lamborghini's supervision were a few highly modified prototypes, including those built through 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 underneath the management of Georges-Henri Rossetti, Lamborghini entered into a good agreement with BMW to build up, then manufacture 400 cars for BMW as a way to meet Group 4 homologation needs. BMW lacked experience possessing a mid-engined vehicle and considered that Lamborghini's experience as 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 produce working prototypes on time period, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to create the car, which BMW named the M1, delivering the first car or truck in October 1978.
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