Creation magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a enhanced grand touring car to contend with 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 with regards to refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for that Miura sports coupé, which established rear mid-engine, rear wheel drive since the standard layout for high-performance cars in the era.Lamborghini grew rapidly during its first several years, 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 as well as René Leimer and upon the market in 1974. The company went bankrupt in 1978, and was placed within the receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the organization out of receivership by simply 1984 and invested heavily from the company's expansion. Under the Mimrans' managing, Lamborghini's model line was expanded from your Countach to include the Jalpa low rider and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini towards Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini to be able to Malaysian investment group Mycom Setdco along with Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where ıt had been placed under the control from the group's Audi division. New products and style lines were introduced to the brand's portfolio and given the market and saw an increased productivity for the company Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent overall economy, Lamborghini's sales saw a drop of nearly 50 %.
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Adjusted the 2015 model season, 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 includes the LP 700-4 coupé and also roadster. The V10-powered Huracán brand 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 double its car production by producing as much SUVs by 2018 while sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for used in World Offshore Series Category 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu with) and outputs about 940 hp (900 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports street motorcycle. UK weekly newspaper Bike News reported in 1994 - when featuring a good example available through an Essex motorcycle retailer - of which 24 examples were produced using a Lamborghini alloy frame acquiring adjustable steering head angle, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks along with Marvic wheels. The bodywork was cheap and fully integrated with front fairing merged in to fuel tank and seat cover ending in a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and manufactured by French business Boxer Motorcycles.
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Brand name merchandiseLamborghini licenses its brand name to manufacturers that produce a variety of Lamborghini-branded consumer goods which include scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to his rival Enzo Ferrari, Ferruccio Lamborghini had decided ahead of time that there would always be no factory-supported racing of Lamborghinis, viewing motorsport as too expensive and too draining on company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority through motorsport participation. Enzo Ferrari in specific was known for taking into consideration his road car business mostly a way to obtain funding for his participation in motor racing. Ferruccio's policy led to help tensions between him in addition to his engineers, many of whom ended up racing enthusiasts; some had previously did wonders at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their time to the development in the P400 prototype, they designed it becoming 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 project, he allowed them to travel ahead, seeing it as some sort of potential marketing device with the company, while insisting that it would not be raced. The P400 went onto become the Miura. The closest the company located building a true battle car under Lamborghini's supervision were a number of highly modified prototypes, including those built by factory test driver Chad Wallace, such as the Miura SV-based "Jota" as well as the Jarama S-based "Bob Wallace Special".
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Inside the mid-1970s, while Lamborghini was under the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW in order to develop, then manufacture 400 cars for BMW in order to meet Group 4 homologation requirements. BMW lacked experience possessing a mid-engined vehicle and presumed that Lamborghini's experience in this area would make Lamborghini a great choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind schedule developing the car's composition and running gear. When Lamborghini failed to offer working prototypes on time, BMW took the program in house, 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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