Producing magnate Italian Ferruccio Lamborghini founded this company in 1963 with the objective of producing a sophisticated grand touring car to take on offerings from established marques like Ferrari. The company's first designs, such as the 350 GT, were released in this mid-1960s and were noted because of their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 to the Miura sports coupé, which established rear mid-engine, rear wheel drive for the reason that 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 plus the oil crisis. Ferruccio Lamborghini sold ownership in the company to Georges-Henri Rossetti and René Leimer and upon the market in 1974. The company went belly up in 1978, and was placed in the receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the corporation out of receivership by 1984 and invested heavily within the company's expansion. Under the Mimrans' managing, Lamborghini's model line was expanded on the Countach to include the Jalpa sports vehicle and the LM002 powerful off-road vehicle.The Mimrans sold Lamborghini to the Chrysler Corporation in 1987. After replacing the Countach with all the Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini for you to Malaysian investment group Mycom Setdco and Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where it turned out placed under the control in the group's Audi division. New products and design lines were introduced to the brand's portfolio and given the market and saw an elevated productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent financial crisis, Lamborghini's sales saw the drop of nearly 50 percentage.
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Since the 2015 model year, Lamborghini's automobile product range includes two model lines, both of which are mid-engine two-seat sports cars and trucks. The V12-powered Aventador line includes the LP 700-4 coupé in addition to roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé in addition to roadster, as well as the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice its car production by producing as many SUVs by 2018 since sports cars.Motori Marini Lamborghini produces a sizable 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 inside) and outputs somewhere around 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 - which 24 examples were produced having a Lamborghini alloy frame having adjustable steering head point of view, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks and also Marvic wheels. The bodywork was plastic and fully integrated along 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 made by French business Boxer Bikes.
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Top quality merchandiseLamborghini licenses its brand to manufacturers that produce many different Lamborghini-branded consumer goods which include scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would be no factory-supported racing involving Lamborghinis, viewing motorsport as very costly and too draining upon company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority via motorsport participation. Enzo Ferrari in unique was known for thinking of his road car business mostly a source of funding for his contribution in motor racing. Ferruccio's policy led in order to tensions between him along with his engineers, many of whom were being racing enthusiasts; some had previously proved helpful at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their time to the development from the P400 prototype, they designed it to become road car with sporting potential, one that could win on the track and also be driven on your way by enthusiasts. When Ferruccio discovered your project, he allowed them to go ahead, seeing it as the potential marketing device with the company, while insisting that it will not be raced. The P400 went onto become the Miura. The closest the company found building a true race car under Lamborghini's supervision were some highly modified prototypes, including those built by factory test driver Chad Wallace, such as the Miura SV-based "Jota" plus the Jarama S-based "Bob Wallace Special".
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Within the mid-1970s, while Lamborghini was within the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to build up, then manufacture 400 cars for BMW so that you can meet Group 4 homologation needs. 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 unsure finances, Lamborghini fell behind schedule developing the car's composition and running gear. When Lamborghini failed to supply working prototypes on occasion, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to provide the car, which BMW named the M1, delivering the first vehicle in October 1978.
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