Manufacturing magnate Italian Ferruccio Lamborghini founded the company in 1963 with the objective of producing a enhanced grand touring car to tackle offerings from established marques for example Ferrari. The company's first designs, such as the 350 GT, were released in your mid-1960s and were noted for their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 to the Miura sports coupé, which established rear mid-engine, rear wheel drive because standard layout for high-performance cars from the era.Lamborghini grew rapidly during its first a decade, but sales plunged from 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 and also René Leimer and launched onto in 1974. The company went on the rocks in 1978, and was placed in the receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased this company out of receivership by simply 1984 and invested heavily from the company's expansion. Under the Mimrans' operations, Lamborghini's model line was expanded through the Countach to include the Jalpa expensive 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 Diablo and discontinuing the Jalpa as well as the LM002, Chrysler sold Lamborghini for you to Malaysian investment group Mycom Setdco and also Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where ıt had been placed under the control with the group's Audi division. New products and style lines were introduced for the brand's portfolio and brought to the market and saw a heightened productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent recession, Lamborghini's sales saw the drop of nearly 50 percentage.
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Adjusted the 2015 model yr, Lamborghini's automobile product range consists of two model lines, both of which are mid-engine two-seat sports vehicles. The V12-powered Aventador line contains the LP 700-4 coupé in addition to 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 several SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for use in World Offshore Series School 1 powerboats. A Lamborghini branded marine engine displaces approximately 8, 171 cc (499 cu in) and outputs approximately 940 hp (900 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of the 1, 000 cc sports street bike. UK weekly newspaper Tandem News reported in 1994 - when featuring an example available through an Essex motorcycle retailer - in which 24 examples were produced using a Lamborghini alloy frame acquiring adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission unit, Ceriani front forks and Marvic wheels. The bodywork was plastic-type material and fully integrated with front fairing merged into fuel tank and seat cover ending in a very rear tail-fairing. The motorcycles were designed by Lamborghini stylists and that is generated by French business Boxer Motorbikes.
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Branded merchandiseLamborghini licenses its company to manufacturers that produce a range of Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop personal computers.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided early on that there would end up being no factory-supported racing regarding Lamborghinis, viewing motorsport as too expensive and too draining in company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in particular was known for contemplating his road car business mostly a supply of funding for his involvement 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 worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development in the P400 prototype, they designed it becoming a road car with racing potential, one that could win around the track and also be driven on the road by enthusiasts. When Ferruccio discovered the particular project, he allowed them to search ahead, seeing it as a new potential marketing device for the company, while insisting that it would not be raced. The P400 went on to become the Miura. The closest the company reached building a true competition car under Lamborghini's supervision were several highly modified prototypes, including those built through factory test driver Bob Wallace, such as the Miura SV-based "Jota" as well as the Jarama S-based "Bob Wallace Special".
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In the mid-1970s, while Lamborghini was beneath the management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW to produce, then manufacture 400 cars for BMW in order to meet Group 4 homologation specifications. BMW lacked experience having a mid-engined vehicle and assumed that Lamborghini's experience as area would make Lamborghini a perfect choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind routine developing the car's structure and running gear. When Lamborghini failed to provide working prototypes on occasion, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to create the car, which BMW named your M1, delivering the first car or truck in October 1978.
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