Making magnate Italian Ferruccio Lamborghini founded the organization in 1963 with the objective of producing a refined grand touring car to contend with offerings from established marques including Ferrari. The company's first products, such as the 350 GT, were released in the mid-1960s and were noted with regards to refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for your Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars from the era.Lamborghini grew rapidly during its first 10 years, but sales plunged within the wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership with the company to Georges-Henri Rossetti as well as René Leimer and on in 1974. The company went bankrupt in 1978, and was placed inside the receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the company out of receivership by 1984 and invested heavily inside the company's expansion. Under the Mimrans' supervision, Lamborghini's model line was expanded in the Countach to include the Jalpa sports vehicle and the LM002 good performance off-road vehicle.The Mimrans sold Lamborghini for the Chrysler Corporation in 1987. After replacing the Countach while using the Diablo and discontinuing the Jalpa and also the LM002, Chrysler sold Lamborghini to help Malaysian investment group Mycom Setdco and Indonesian group V'Power Firm in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini to the Volkswagen Group where it was placed under the control on the group's Audi division. New products and design lines were introduced on the brand's portfolio and taken to the market and saw a greater productivity for the brand Lamborghini. In the late 2000s, during the worldwide financial crisis and the subsequent recession, Lamborghini's sales saw a new drop of nearly 50 per cent.
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Adjusted the 2015 model season, Lamborghini's automobile product range is made of two model lines, both of which usually are mid-engine two-seat sports cars and trucks. The V12-powered Aventador line is made of the LP 700-4 coupé and also roadster. The V10-powered Huracán collection currently includes the all-wheel-drive LP 610-4 coupé and roadster, as well as your less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to increase its car production by producing as much SUVs by 2018 because sports cars.Motori Marini Lamborghini produces a sizable V12 marine engine block for utilization in World Offshore Series Type 1 powerboats. A Lamborghini branded boat engine displaces approximately 8, 171 cc (499 cu in) and outputs around 940 hp (900 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports bike. UK weekly newspaper Motor cycle News reported in 1994 - when featuring a case in point available through an London motorcycle retailer - of which 24 examples were produced which has a Lamborghini alloy frame acquiring adjustable steering head angle, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks as well as 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 Motorcycles.
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Brand merchandiseLamborghini licenses its brand to manufacturers that produce many different Lamborghini-branded consumer goods which includes scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to his or her rival Enzo Ferrari, Ferruccio Lamborghini had decided ahead of time that there would become no factory-supported racing associated with Lamborghinis, viewing motorsport as very costly and too draining on company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority by way of motorsport participation. Enzo Ferrari in certain was known for taking into consideration his road car business mostly a way to obtain funding for his engagement in motor racing. Ferruccio's policy led for you to tensions between him along with his engineers, many of whom ended up racing enthusiasts; some had previously worked at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development on the P400 prototype, they designed it to become road car with auto racing potential, one that could win about the track and also be driven while travelling by enthusiasts. When Ferruccio discovered your project, he allowed them to visit ahead, seeing it as some sort of potential marketing device for the company, while insisting that it would not be raced. The P400 went through to become the Miura. The closest the company came to building a true competition car under Lamborghini's supervision were a few highly modified prototypes, including those built by means of factory test driver Frank Wallace, such as the Miura SV-based "Jota" and also the Jarama S-based "Bob Wallace Special".
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In the mid-1970s, while Lamborghini was beneath management of Georges-Henri Rossetti, Lamborghini entered into the agreement with BMW to develop, then manufacture 400 cars for BMW to be able to meet Group 4 homologation prerequisites. BMW lacked experience having a mid-engined vehicle and believed that Lamborghini's experience as area would make Lamborghini the best choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind schedule developing the car's design and running gear. When Lamborghini failed to offer working prototypes on time period, BMW took the program inside, 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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