Manufacturing magnate Italian Ferruccio Lamborghini founded the business in 1963 with the objective of producing a refined grand touring car to contend with offerings from established marques for example Ferrari. The company's first products, such as the 350 GT, were released in this 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 for the reason that standard layout for high-performance cars of the era.Lamborghini grew rapidly during its first several years, but sales plunged from the wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti in addition to René Leimer and upon the market in 1974. The company went broke in 1978, and was placed inside receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by 1984 and invested heavily within the company's expansion. Under the Mimrans' operations, Lamborghini's model line was expanded from your Countach to include the Jalpa expensive car and the LM002 high end off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa as well as 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 ıt had been placed under the control in the group's Audi division. New products and product lines were introduced towards the brand's portfolio and given the market and saw an elevated productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial crisis and the subsequent economic crisis, Lamborghini's sales saw some sort of drop of nearly 50 %.
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As of the 2015 model year, Lamborghini's automobile product range contains two model lines, both of which are usually mid-engine two-seat sports cars and trucks. The V12-powered Aventador line includes the LP 700-4 coupé in addition to 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 two times its car production by producing several SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a big V12 marine engine block for utilization in World Offshore Series Category 1 powerboats. A Lamborghini branded marine engine displaces approximately 8, 171 cc (499 cu within) and outputs roughly 940 hp (800 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports motorbike. UK weekly newspaper Tandem News reported in 1994 - when featuring a sample available through an Essex motorcycle retailer - of which 24 examples were produced that has a Lamborghini alloy frame getting adjustable steering head position, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks and also Marvic wheels. The bodywork was plastic and fully integrated using front fairing merged in to fuel tank and seat cover ending inside a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and produced by French business Boxer Motorbikes.
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Brand merchandiseLamborghini licenses its brand to manufacturers that produce many different Lamborghini-branded consumer goods as well as scale models, clothing, accessories, bags, electronics and laptop pcs.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would become no factory-supported racing of Lamborghinis, viewing motorsport as very 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 specific was known for taking into consideration his road car business mostly a supply of funding for his engagement in motor racing. Ferruccio's policy led for you to tensions between him and his engineers, many of whom had been racing enthusiasts; some had previously worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their 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 the particular project, he allowed them to go ahead, seeing it as a potential marketing device to the company, while insisting that it will not be raced. The P400 went to become the Miura. The closest the company reached building a true battle car under Lamborghini's supervision were a number of highly modified prototypes, including those built through factory test driver Joe Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".
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Within the mid-1970s, while Lamborghini was within the management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW to formulate, then manufacture 400 cars for BMW as a way to meet Group 4 homologation requirements. BMW lacked experience having a mid-engined vehicle and thought that Lamborghini's experience because area would make Lamborghini an ideal choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind routine developing the car's structure and running gear. When Lamborghini failed to deliver working prototypes on time period, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named your M1, delivering the first car in October 1978.
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