Production magnate Italian Ferruccio Lamborghini founded the organization in 1963 with the aim 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 your mid-1960s and were noted with regards to refinement, power and comfort. Lamborghini gained wide acclaim in 1966 to 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 several years, but sales plunged in the wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership of the company to Georges-Henri Rossetti along with René Leimer and retired in 1974. The company went belly up in 1978, and was placed inside receivership of brothers Jean-Claude and also Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by means of 1984 and invested heavily inside company's expansion. Under the Mimrans' operations, Lamborghini's model line was expanded on the Countach to include the Jalpa sports car and the LM002 high end off-road vehicle.The Mimrans sold Lamborghini on the Chrysler Corporation in 1987. After replacing the Countach while using Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini in order to Malaysian investment group Mycom Setdco as well as 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 on the group's Audi division. New products and product lines were introduced towards brand's portfolio and brought to the market and saw a higher productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent financial crisis, Lamborghini's sales saw a new drop of nearly 50 per cent.
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At the time of the 2015 model calendar year, Lamborghini's automobile product range consists of two model lines, both of which are mid-engine two-seat sports automobiles. The V12-powered Aventador line consists of the LP 700-4 coupé and roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé and also roadster, as well as your less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to two times its car production by producing as much SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a huge V12 marine engine block for used in World Offshore Series Category 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu within) and outputs around 940 hp (seven hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports motorcycle. UK weekly newspaper Bike News reported in 1994 - when featuring a sample available through an Kent motorcycle retailer - in which 24 examples were produced using a Lamborghini alloy frame having adjustable steering head viewpoint, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks as well as Marvic wheels. The bodywork was plastic material and fully integrated with front fairing merged in to fuel tank and seat cover ending in the rear tail-fairing. The motorcycles were created by Lamborghini stylists and manufactured by French business Boxer Bikes.
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Branded merchandiseLamborghini licenses its model to manufacturers that produce a variety of Lamborghini-branded consumer goods as well as scale models, clothing, accessories, bags, electronics and laptop personal computers.In contrast to his or her rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would end up being no factory-supported racing regarding Lamborghinis, viewing motorsport as very costly and too draining about company resources. [citation needed] This was unusual for that time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority by way of motorsport participation. Enzo Ferrari in unique 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 to tensions between him along with his engineers, many of whom were being racing enthusiasts; some had previously labored at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their free time to the development on the P400 prototype, they designed it to become road car with race potential, one that could win within the track and also be driven while travelling by enthusiasts. When Ferruccio discovered the actual project, he allowed them to search ahead, seeing it as some sort of potential marketing device to the company, while insisting that it would not be raced. The P400 went on to become the Miura. The closest the company located building a true contest car under Lamborghini's supervision were a number of highly modified prototypes, including those built by means of factory test driver Joe Wallace, such as the Miura SV-based "Jota" plus the Jarama S-based "Bob Wallace Special".
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In 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 as a way to meet Group 4 homologation requirements. BMW lacked experience making a mid-engined vehicle and believed that Lamborghini's experience as area would make Lamborghini a perfect choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind plan developing the car's design and running gear. When Lamborghini failed to offer working prototypes on moment, BMW took the program internal, finishing development without Lamborghini. BMW contracted with Baur to produce the car, which BMW named the actual M1, delivering the first vehicle in October 1978.
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