Creation magnate Italian Ferruccio Lamborghini founded the business in 1963 with the aim of producing a refined grand touring car to compete with offerings from established marques including Ferrari. The company's first products, such as the 350 GT, were released in the mid-1960s and were noted because of their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for the Miura sports coupé, which established rear mid-engine, rear wheel drive since the standard layout for high-performance cars of the era.Lamborghini grew rapidly during its first several years, but sales plunged inside the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti and René Leimer and on in 1974. The company went broke in 1978, and was placed within the receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by 1984 and invested heavily inside the company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded from your Countach to include the Jalpa fancy car and the LM002 top rated off-road vehicle.The Mimrans sold Lamborghini for the Chrysler Corporation in 1987. After replacing the Countach while using the Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini for you 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 Volkswagen Group where it had been placed under the control on the group's Audi division. New products and model lines were introduced towards the brand's portfolio and brought to the market and saw an increased productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent overall economy, Lamborghini's sales saw some sort of drop of nearly 50 per cent.
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At the time of the 2015 model season, Lamborghini's automobile product range includes two model lines, both of which usually are mid-engine two-seat sports cars. The V12-powered Aventador line involves the LP 700-4 coupé and also roadster. The V10-powered Huracán range currently includes the all-wheel-drive LP 610-4 coupé and also roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to increase its car production by producing as much SUVs by 2018 while sports cars.Motori Marini Lamborghini produces a huge V12 marine engine block for utilization in World Offshore Series School 1 powerboats. A Lamborghini branded marine 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 Tandem News reported in 1994 - when featuring an example available through an Kent motorcycle retailer - in which 24 examples were produced using a Lamborghini alloy frame possessing adjustable steering head angle, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks and also Marvic wheels. The bodywork was plastic material and fully integrated using front fairing merged directly into fuel tank and seat cover ending in a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and manufactured by French business Boxer Cycles.
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Branded merchandiseLamborghini licenses its brand name to manufacturers that produce many different Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop computer systems.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided at the beginning that there would be no factory-supported racing of Lamborghinis, viewing motorsport as too costly and too draining upon company resources. [citation needed] This was unusual to the 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 method to obtain funding for his participation in motor racing. Ferruccio's policy led in order to tensions between him and his engineers, many of whom have been racing enthusiasts; some had previously did wonders at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their free time to the development on the P400 prototype, they designed it to become a road car with racing potential, one that could win for the track and also be driven on your way by enthusiasts. When Ferruccio discovered the project, he allowed them to look ahead, seeing it as any potential marketing device for that company, while insisting that it could not be raced. The P400 went on become the Miura. The closest the company located building a true race car under Lamborghini's supervision were some highly modified prototypes, including those built by means of factory test driver Frank Wallace, such as the Miura SV-based "Jota" along with 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 good agreement with BMW in order to develop, then manufacture 400 cars for BMW as a way to meet Group 4 homologation demands. BMW lacked experience making a mid-engined vehicle and presumed that Lamborghini's experience as area would make Lamborghini a great choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind routine developing the car's composition and running gear. When Lamborghini failed to provide working prototypes on time, BMW took the program internally, 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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