Producing magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a polished grand touring car to take on offerings from established marques including Ferrari. The company's first products, such as the 350 GT, were released in this mid-1960s and were noted for their 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 in the era.Lamborghini grew rapidly during its first several years, but sales plunged within the wake of the 1973 worldwide financial downturn and the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti and also René Leimer and upon the market in 1974. The company went on the rocks in 1978, and was placed within the receivership of brothers Jean-Claude and Patrick Mimran in 1980. The Mimrans purchased the organization out of receivership by 1984 and invested heavily inside company's expansion. Under the Mimrans' administration, 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 the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini to help Malaysian investment group Mycom Setdco in addition to Indonesian group V'Power Institution in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini on the Volkswagen Group where it was placed under the control from the group's Audi division. New products and design lines were introduced towards the brand's portfolio and given the market and saw a higher productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent overall economy, Lamborghini's sales saw the drop of nearly 50 percentage.
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As of the 2015 model 12 months, Lamborghini's automobile product range involves two model lines, both of which are mid-engine two-seat sports automobiles. The V12-powered Aventador line includes the LP 700-4 coupé along with roadster. The V10-powered Huracán series currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as your less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice 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 Category 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu throughout) and outputs somewhere around 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports street bike. UK weekly newspaper Tandem News reported in 1994 - when featuring a case in point available through an Essex motorcycle retailer - which 24 examples were produced that has a Lamborghini alloy frame having adjustable steering head viewpoint, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks along with Marvic wheels. The bodywork was plastic-type and fully integrated having front fairing merged straight into fuel tank and seat cover ending in a very rear tail-fairing. The motorcycles were created by Lamborghini stylists and manufactured by French business Boxer Bikes.
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Brand name merchandiseLamborghini licenses its model to manufacturers that produce a variety of Lamborghini-branded consumer goods such as scale models, clothing, accessories, bags, electronics and laptop computers.In contrast to the rival Enzo Ferrari, Ferruccio Lamborghini had decided at the beginning that there would always be no factory-supported racing connected with Lamborghinis, viewing motorsport as too costly and too draining on company resources. [citation needed] This was unusual with the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority by means of motorsport participation. Enzo Ferrari in specific was known for thinking about his road car business mostly a supply of funding for his participation in motor racing. Ferruccio's policy led in order to tensions between him and his engineers, many of whom were being racing enthusiasts; some had previously worked at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development of the P400 prototype, they designed it becoming a road car with racing 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 visit ahead, seeing it as a potential marketing device with the company, while insisting that it will not be raced. The P400 went to become the Miura. The closest the company came to building a true race car under Lamborghini's supervision were a couple of highly modified prototypes, including those built by means of factory test driver Chad Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".
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Inside the mid-1970s, while Lamborghini was within the management of Georges-Henri Rossetti, Lamborghini entered into a good agreement with BMW to formulate, then manufacture 400 cars for BMW as a way to meet Group 4 homologation demands. BMW lacked experience developing a mid-engined vehicle and presumed that Lamborghini's experience in this area would make Lamborghini the best choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind plan developing the car's construction and running gear. When Lamborghini failed to produce working prototypes on time, BMW took the program internal, 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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