Producing magnate Italian Ferruccio Lamborghini founded the company in 1963 with the aim of producing a refined grand touring car to tackle offerings from established marques such as 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 that Miura sports coupé, which established rear mid-engine, rear wheel drive since the standard layout for high-performance cars from the era.Lamborghini grew rapidly during its first ten years, but sales plunged in the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti and also René Leimer and retired in 1974. The company went broke in 1978, and was placed inside receivership of brothers Jean-Claude and also Patrick Mimran in 1980. The Mimrans purchased the business out of receivership by means of 1984 and invested heavily inside the company's expansion. Under the Mimrans' management, Lamborghini's model line was expanded from your Countach to include the Jalpa expensive car and the LM002 powerful off-road vehicle.The Mimrans sold Lamborghini on the Chrysler Corporation in 1987. After replacing the Countach while using Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco and Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it had been placed under the control with the group's Audi division. New products and product lines were introduced towards the brand's portfolio and exposed to the market and saw an increased productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent financial crisis, Lamborghini's sales saw any drop of nearly 50 percentage.
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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 mid-engine two-seat sports cars and trucks. The V12-powered Aventador line includes the LP 700-4 coupé along with roadster. The V10-powered Huracán range currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as the actual less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice its car production by producing as many SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for easy use in World Offshore Series Type 1 powerboats. A Lamborghini branded sea engine displaces approximately 8, 171 cc (499 cu throughout) 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 street motorcycle. UK weekly newspaper Tandem News reported in 1994 - when featuring a good example available through an Kent motorcycle retailer - of which 24 examples were produced with a Lamborghini alloy frame obtaining adjustable steering head angle, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks along with Marvic wheels. The bodywork was plastic material and fully integrated together with front fairing merged straight into 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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Top quality merchandiseLamborghini licenses its model to manufacturers that produce a variety of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop pcs.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided early on that there would become no factory-supported racing of Lamborghinis, viewing motorsport as too costly and too draining in company resources. [citation needed] This was unusual to the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority by way of motorsport participation. Enzo Ferrari in unique was known for taking into consideration his road car business mostly a cause of funding for his taking part 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 labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development from the P400 prototype, they designed it to be a road car with rushing potential, one that could win for 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 your company, while insisting that it would not be raced. The P400 went on to become the Miura. The closest the company found building a true battle car under Lamborghini's supervision were a few highly modified prototypes, including those built through factory test driver Bob Wallace, such as the Miura SV-based "Jota" as well as 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 the 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 as area would make Lamborghini a great choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind schedule developing the car's design and running gear. When Lamborghini failed to deliver working prototypes on moment, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to make the car, which BMW named the M1, delivering the first auto in October 1978.
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