Production magnate Italian Ferruccio Lamborghini founded this company 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 types, such as the 350 GT, were released in the particular mid-1960s and were noted for refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for 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 several years, but sales plunged in the wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership on the company to Georges-Henri Rossetti in addition to René Leimer and on in 1974. The company went insolvent in 1978, and was placed within the receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased this company out of receivership through 1984 and invested heavily from the company's expansion. Under the Mimrans' management, Lamborghini's model line was expanded from your Countach to include the Jalpa expensive car and the LM002 good performance 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 along with the LM002, Chrysler sold Lamborghini in order to Malaysian investment group Mycom Setdco along with Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards Volkswagen Group where ıt had been placed under the control of the group's Audi division. New products and design lines were introduced for the brand's portfolio and brought to the market and saw a heightened productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial meltdown and the subsequent overall economy, Lamborghini's sales saw a new drop of nearly 50 per cent.
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As of the 2015 model 12 months, Lamborghini's automobile product range includes two model lines, both of which tend to be mid-engine two-seat sports vehicles. The V12-powered Aventador line consists of the LP 700-4 coupé as well as roadster. The V10-powered Huracán collection 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 dual its car production by producing as much SUVs by 2018 since sports cars.Motori Marini Lamborghini produces a sizable V12 marine engine block for easy use in World Offshore Series School 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu inside) and outputs somewhere around 940 hp (900 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports motorcycle. UK weekly newspaper Motor cycle News reported in 1994 - when featuring a good example available through an London motorcycle retailer - which 24 examples were produced which has a Lamborghini alloy frame obtaining adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission device, Ceriani front forks along with Marvic wheels. The bodywork was plastic-type and fully integrated together with front fairing merged into fuel tank and seat cover ending within a rear tail-fairing. The motorcycles were created by Lamborghini stylists and manufactured by French business Boxer Bikes.
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Printed merchandiseLamborghini licenses its brand name to manufacturers that produce a range of Lamborghini-branded consumer goods which includes scale models, clothing, accessories, bags, electronics and laptop pcs.In contrast to the rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would always be no factory-supported racing connected with Lamborghinis, viewing motorsport as too expensive and too draining with company resources. [citation needed] This was unusual to the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority as a result of motorsport participation. Enzo Ferrari in certain was known for contemplating his road car business mostly a method to obtain funding for his engagement in motor racing. Ferruccio's policy led to help tensions between him and his engineers, many of whom were racing enthusiasts; some had previously worked at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their free time to the development of the P400 prototype, they designed it to be a road car with racing potential, one that could win within the track and also be driven traveling by enthusiasts. When Ferruccio discovered your project, he allowed them to visit ahead, seeing it as the potential marketing device with the company, while insisting that it might not be raced. The P400 went on become the Miura. The closest the company reached building a true race car under Lamborghini's supervision were several highly modified prototypes, including those built by factory test driver Bob Wallace, such as the Miura SV-based "Jota" along with the Jarama S-based "Bob Wallace Special".
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In the mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into the agreement with BMW to formulate, then manufacture 400 cars for BMW to be able to meet Group 4 homologation needs. BMW lacked experience possessing a mid-engined vehicle and considered that Lamborghini's experience as area would make Lamborghini the best choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind timetable developing the car's design and running gear. When Lamborghini failed to offer working prototypes on occasion, BMW took the program internally, finishing development without Lamborghini. BMW contracted with Baur to produce the car, which BMW named the M1, delivering the first car or truck in October 1978.
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