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Producing magnate Italian Ferruccio Lamborghini founded the company in 1963 with the aim of producing a polished grand touring car to contend with offerings from established marques for instance Ferrari. The company's first products, such as the 350 GT, were released in the actual mid-1960s and were noted for his or her refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for your Miura sports coupé, which established rear mid-engine, rear wheel drive for the reason that standard layout for high-performance cars in the era.Lamborghini grew rapidly during its first ten years, but sales plunged within the wake of the 1973 worldwide financial downturn and the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti in addition to René Leimer and on in 1974. The company went belly up in 1978, and was placed inside receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased the company out of receivership by means of 1984 and invested heavily inside 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 performance 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 to help Malaysian investment group Mycom Setdco in addition to Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where it turned out placed under the control with the group's Audi division. New products and model lines were introduced for the brand's portfolio and delivered to the market and saw a heightened productivity for the brand name Lamborghini. In the late 2000s, during the worldwide financial crisis and the subsequent financial system, Lamborghini's sales saw any drop of nearly 50 pct.

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Adjusted the 2015 model year, Lamborghini's automobile product range includes two model lines, both of which are generally mid-engine two-seat sports cars. The V12-powered Aventador line consists of the LP 700-4 coupé and roadster. The V10-powered Huracán series currently includes the all-wheel-drive LP 610-4 coupé and also roadster, as well as the particular less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to two times its car production by producing numerous SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for easy use in World Offshore Series Category 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu with) and outputs roughly 940 hp (seven hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports bike. UK weekly newspaper Tandem News reported in 1994 - when featuring a sample available through an London motorcycle retailer - of which 24 examples were produced using a Lamborghini alloy frame acquiring adjustable steering head viewpoint, Kawasaki GPz1000RX engine/transmission product, Ceriani front forks and also Marvic wheels. The bodywork was plastic material and fully integrated using front fairing merged straight into fuel tank and seat cover ending within a rear tail-fairing. The motorcycles were created by Lamborghini stylists and that is generated by French business Boxer Cycles.

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Brand merchandiseLamborghini licenses its brand name to manufacturers that produce a range of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop computer systems.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would always be no factory-supported racing associated with Lamborghinis, viewing motorsport as too expensive and too draining in company resources. [citation needed] This was unusual with the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in particular was known for thinking about his road car business mostly a supply of funding for his participation in motor racing. Ferruccio's policy led to be able to tensions between him along with his engineers, many of whom had been racing enthusiasts; some had previously did wonders at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development on the P400 prototype, they designed it to become a road car with race potential, one that could win around the track and also be driven on your way by enthusiasts. When Ferruccio discovered the particular project, he allowed them to visit ahead, seeing it as some sort of potential marketing device for your company, while insisting that it'd not be raced. The P400 went onto become the Miura. The closest the company stumbled on building a true battle car under Lamborghini's supervision were some 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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Inside the mid-1970s, while Lamborghini was beneath management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW to develop, then manufacture 400 cars for BMW so that you can meet Group 4 homologation requirements. BMW lacked experience developing a mid-engined vehicle and presumed that Lamborghini's experience because area would make Lamborghini a great choice of partner. Due to Lamborghini's unstable finances, Lamborghini fell behind program developing the car's structure and running gear. When Lamborghini failed to provide working prototypes on period, BMW took the program internally, finishing development without Lamborghini. BMW contracted with Baur to generate the car, which BMW named the M1, delivering the first car or truck in October 1978.

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