Producing magnate Italian Ferruccio Lamborghini founded the corporation in 1963 with the aim of producing a refined grand touring car to compete with offerings from established marques like Ferrari. The company's first models, 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 your 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 several years, but sales plunged in the wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti as well as René Leimer and outdated in 1974. The company went broke in 1978, and was placed within the receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased the business out of receivership by means of 1984 and invested heavily within the company's expansion. Under the Mimrans' management, Lamborghini's model line was expanded in the Countach to include the Jalpa expensive car and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach with the Diablo and discontinuing the Jalpa along with the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco in addition to Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where it absolutely was placed under the control of the group's Audi division. New products and model lines were introduced towards brand's portfolio and delivered to the market and saw a greater productivity for the company Lamborghini. In the late 2000s, during the worldwide financial meltdown and the subsequent recession, Lamborghini's sales saw a new drop of nearly 50 %.
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Adjusted the 2015 model 12 months, Lamborghini's automobile product range consists of two model lines, both of which are generally mid-engine two-seat sports automobiles. The V12-powered Aventador line includes the LP 700-4 coupé and roadster. The V10-powered Huracán range 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 as much SUVs by 2018 since sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for use within World Offshore Series Class 1 powerboats. A Lamborghini branded marine engine displaces approximately 8, 171 cc (499 cu with) and outputs somewhere around 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 cycle News reported in 1994 - when featuring an example available through an Essex motorcycle retailer - of which 24 examples were produced that has a Lamborghini alloy frame obtaining adjustable steering head point of view, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks as well as Marvic wheels. The bodywork was plastic-type and fully integrated along with front fairing merged straight into fuel tank and seat cover ending in a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and created by French business Boxer Bicycles.
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Printed 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 pcs.In contrast to his rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would possibly be no factory-supported racing involving Lamborghinis, viewing motorsport as too costly and too draining about company resources. [citation needed] This was unusual to the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in particular 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 for you to tensions between him and 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 in the P400 prototype, they designed it to be a road car with sporting potential, one that could win about the track and also be driven traveling by enthusiasts. When Ferruccio discovered your project, he allowed them to visit ahead, seeing it as a potential marketing device to the company, while insisting that it will not be raced. The P400 went onto become the Miura. The closest the company reached building a true competition car under Lamborghini's supervision were a few highly modified prototypes, including those built simply by factory test driver Joe Wallace, such as the Miura SV-based "Jota" and also 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 an agreement with BMW to develop, then manufacture 400 cars for BMW as a way to meet Group 4 homologation demands. BMW lacked experience possessing a mid-engined vehicle and presumed that Lamborghini's experience in that area would make Lamborghini an ideal choice of partner. Due to Lamborghini's unsure finances, Lamborghini fell behind schedule developing the car's structure and running gear. When Lamborghini failed to deliver working prototypes on time, BMW took the program in house, finishing development without Lamborghini. BMW contracted with Baur to generate the car, which BMW named the actual M1, delivering the first automobile in October 1978.
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