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Producing magnate Italian Ferruccio Lamborghini founded the corporation in 1963 with the aim of producing a processed grand touring car to tackle offerings from established marques for instance Ferrari. The company's first products, such as the 350 GT, were released in this mid-1960s and were noted for his or her refinement, power and comfort. Lamborghini gained wide acclaim in 1966 with the Miura sports coupé, which established rear mid-engine, rear wheel drive because the standard layout for high-performance cars with the era.Lamborghini grew rapidly during its first 10 years, but sales plunged inside 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 launched onto in 1974. The company went bankrupt in 1978, and was placed within the receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased the company out of receivership by simply 1984 and invested heavily within the company's expansion. Under the Mimrans' managing, Lamborghini's model line was expanded through the Countach to include the Jalpa sports car and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini towards Chrysler Corporation in 1987. After replacing the Countach while using Diablo and discontinuing the Jalpa plus the LM002, Chrysler sold Lamborghini for you to Malaysian investment group Mycom Setdco and also Indonesian group V'Power Firm in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it turned out placed under the control of the group's Audi division. New products and design lines were introduced to the brand's portfolio and taken to the market and saw an increased productivity for the brand name Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent financial system, Lamborghini's sales saw any drop of nearly 50 percentage.

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Since the 2015 model 12 months, Lamborghini's automobile product range contains two model lines, both of which are usually mid-engine two-seat sports automobiles. The V12-powered Aventador line involves the LP 700-4 coupé and roadster. The V10-powered Huracán range currently includes the all-wheel-drive LP 610-4 coupé along with roadster, as well as the particular less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to double its car production by producing as numerous SUVs by 2018 since sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for utilization in World Offshore Series Course 1 powerboats. A Lamborghini branded boat engine displaces approximately 8, 171 cc (499 cu throughout) and outputs about 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of any 1, 000 cc sports bike. UK weekly newspaper Motor bike News reported in 1994 - when featuring an example available through an Essex motorcycle retailer - in which 24 examples were produced that has a Lamborghini alloy frame having adjustable steering head point of view, Kawasaki GPz1000RX engine/transmission unit, Ceriani front forks and Marvic wheels. The bodywork was cheap and fully integrated together with front fairing merged straight into fuel tank and seat cover ending in a very rear tail-fairing. The motorcycles were designed by Lamborghini stylists and made by French business Boxer Motorcycles.

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Branded merchandiseLamborghini licenses its brand to manufacturers that produce various Lamborghini-branded consumer goods which include scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would possibly be no factory-supported racing associated with Lamborghinis, viewing motorsport as too costly and too draining on company resources. [citation needed] This was unusual for your time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in certain was known for taking into consideration 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 and also his engineers, many of whom had been 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 become road car with race potential, one that could win on the track and also be driven on the highway by enthusiasts. When Ferruccio discovered your project, he allowed them to search ahead, seeing it as the potential marketing device with the company, while insisting that it'd not be raced. The P400 went onto become the Miura. The closest the company reached building a true contest car under Lamborghini's supervision were a few highly modified prototypes, including those built by simply factory test driver Joe Wallace, such as the Miura SV-based "Jota" as well as the Jarama S-based "Bob Wallace Special".

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Within the mid-1970s, while Lamborghini was under the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to develop, then manufacture 400 cars for BMW so that you can meet Group 4 homologation demands. BMW lacked experience possessing a mid-engined vehicle and considered that Lamborghini's experience in that area would make Lamborghini the best choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind plan developing the car's construction and running gear. When Lamborghini failed to produce working prototypes on period, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named the actual M1, delivering the first auto in October 1978.

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