Making magnate Italian Ferruccio Lamborghini founded the organization in 1963 with the objective of producing a sophisticated grand touring car to contest with offerings from established marques for example Ferrari. The company's first versions, such as the 350 GT, were released in your mid-1960s and were noted for refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for your Miura sports coupé, which established rear mid-engine, rear wheel drive because standard layout for high-performance cars in the era.Lamborghini grew rapidly during its first decade, but sales plunged inside wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti along with René Leimer and outdated in 1974. The company went bankrupt in 1978, and was placed in the receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the business out of receivership by 1984 and invested heavily inside company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded through the Countach to include the Jalpa sports vehicle and the LM002 powerful off-road vehicle.The Mimrans sold Lamborghini for the Chrysler Corporation in 1987. After replacing the Countach using the Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini to Malaysian investment group Mycom Setdco and Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where it turned out placed under the control from the group's Audi division. New products and model lines were introduced on the brand's portfolio and given the market and saw a higher productivity for the brand name 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 year, Lamborghini's automobile product range is made of two model lines, both of which usually are mid-engine two-seat sports autos. The V12-powered Aventador line consists of the LP 700-4 coupé and roadster. The V10-powered Huracán line currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to two times its car production by producing as many SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for use in World Offshore Series School 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu in) and outputs about 940 hp (900 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 an example available through an London motorcycle retailer - that will 24 examples were produced using a Lamborghini alloy frame getting adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks and also Marvic wheels. The bodywork was plastic material and fully integrated using front fairing merged in to fuel tank and seat cover ending in the rear tail-fairing. The motorcycles were created by Lamborghini stylists and made by French business Boxer Cycles.
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Printed merchandiseLamborghini licenses its manufacturer to manufacturers that produce various Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would be no factory-supported racing connected with Lamborghinis, viewing motorsport as very costly and too draining in company resources. [citation needed] This was unusual with the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in distinct was known for taking into consideration his road car business mostly a cause of funding for his contribution in motor racing. Ferruccio's policy led in order to tensions between him in addition to his engineers, many of whom ended up racing enthusiasts; some had previously worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development with the P400 prototype, they designed it to become a road car with race potential, one that could win within the track and also be driven on the highway by enthusiasts. When Ferruccio discovered your project, he allowed them to travel ahead, seeing it as a potential marketing device for that company, while insisting that it'd not be raced. The P400 went through to become the Miura. The closest the company came to building a true ethnic background 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" and 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 agreement with BMW to produce, then manufacture 400 cars for BMW so that you can meet Group 4 homologation prerequisites. BMW lacked experience creating a mid-engined vehicle and thought that Lamborghini's experience because area would make Lamborghini the best choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind program developing the car's construction and running gear. When Lamborghini failed to offer working prototypes on period, 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 auto in October 1978.
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