Production magnate Italian Ferruccio Lamborghini founded the business in 1963 with the objective of producing a polished grand touring car to take on offerings from established marques including Ferrari. The company's first designs, such as the 350 GT, were released in the actual mid-1960s and were noted for refinement, power and comfort. Lamborghini gained wide acclaim in 1966 to the Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars on the era.Lamborghini grew rapidly during its first ten years, but sales plunged within the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti as well as René Leimer and retired in 1974. The company went broke in 1978, and was placed inside receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the company out of receivership by means of 1984 and invested heavily from the company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded through the Countach to include the Jalpa sports vehicle and the LM002 top rated off-road vehicle.The Mimrans sold Lamborghini to the Chrysler Corporation in 1987. After replacing the Countach using the Diablo and discontinuing the Jalpa plus the LM002, Chrysler sold Lamborghini in order to Malaysian investment group Mycom Setdco in addition to 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 from the group's Audi division. New products and type lines were introduced for the brand's portfolio and delivered to the market and saw an elevated productivity for the company Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent recession, Lamborghini's sales saw a new drop of nearly 50 per cent.
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Adjusted the 2015 model calendar year, Lamborghini's automobile product range consists of two model lines, both of which are usually mid-engine two-seat sports cars. The V12-powered Aventador line includes the LP 700-4 coupé and also roadster. The V10-powered Huracán line 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 twice its car production by producing several SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for used in World Offshore Series Course 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu in) and outputs approximately 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of any 1, 000 cc sports street motorcycle. UK weekly newspaper Bike News reported in 1994 - when featuring a sample available through an Kent motorcycle retailer - which 24 examples were produced having a Lamborghini alloy frame possessing adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission device, Ceriani front forks along with Marvic wheels. The bodywork was plastic material and fully integrated having front fairing merged straight into fuel tank and seat cover ending within a rear tail-fairing. The motorcycles were created by Lamborghini stylists and made by French business Boxer Cycles.
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Printed merchandiseLamborghini licenses its brand name to manufacturers that produce many different Lamborghini-branded consumer goods which includes scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would become no factory-supported racing associated with Lamborghinis, viewing motorsport as too costly and too draining upon company resources. [citation needed] This was unusual for that time, as many sports car manufacturers sought to show 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 participation in motor racing. Ferruccio's policy led for you to tensions between him along with his engineers, many of whom ended up racing enthusiasts; some had previously labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development with the P400 prototype, they designed it becoming a road car with sporting potential, one that could win about the track and also be driven on the road by enthusiasts. When Ferruccio discovered the actual project, he allowed them to look ahead, seeing it as the potential marketing device for your company, while insisting that it might not be raced. The P400 went through to become the Miura. The closest the company stumbled on building a true race car under Lamborghini's supervision were several highly modified prototypes, including those built simply by 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 the mid-1970s, while Lamborghini was under the management of Georges-Henri Rossetti, Lamborghini entered into the agreement with BMW to develop, then manufacture 400 cars for BMW in order to meet Group 4 homologation specifications. BMW lacked experience having 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 unreliable finances, Lamborghini fell behind routine developing the car's design and running gear. When Lamborghini failed to provide working prototypes on period, BMW took the program internal, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named your M1, delivering the first vehicle in October 1978.
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