Manufacturing magnate Italian Ferruccio Lamborghini founded the corporation in 1963 with the aim of producing a polished grand touring car to contest with offerings from established marques like Ferrari. The company's first models, such as the 350 GT, were released in your mid-1960s and were noted for their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 with the Miura sports coupé, which established rear mid-engine, rear wheel drive as the standard layout for high-performance cars of the era.Lamborghini grew rapidly during its first a decade, but sales plunged inside the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership of the company to Georges-Henri Rossetti along with René Leimer and on in 1974. The company went broke in 1978, and was placed inside receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased the business out of receivership simply by 1984 and invested heavily from the company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded from your Countach to include the Jalpa sports car and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach using the Diablo and discontinuing the Jalpa and the LM002, Chrysler sold Lamborghini to help Malaysian investment group Mycom Setdco along with Indonesian group V'Power Business in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards Volkswagen Group where ıt had been placed under the control with the group's Audi division. New products and style lines were introduced towards the brand's portfolio and brought to the market and saw a heightened productivity for the model Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent economic crisis, Lamborghini's sales saw some sort of drop of nearly 50 %.
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By the 2015 model season, Lamborghini's automobile product range involves two model lines, both of which tend to be mid-engine two-seat sports automobiles. The V12-powered Aventador line is made of the LP 700-4 coupé and also roadster. The V10-powered Huracán line currently includes the all-wheel-drive LP 610-4 coupé along with roadster, as well as your less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to increase its car production by producing numerous SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for utilization in World Offshore Series School 1 powerboats. A Lamborghini branded marine engine displaces approximately 8, 171 cc (499 cu with) and outputs somewhere around 940 hp (700 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of the 1, 000 cc sports street motorcycle. UK weekly newspaper Motor cycle News reported in 1994 - when featuring an example available through an London motorcycle retailer - of which 24 examples were produced that has a Lamborghini alloy frame possessing adjustable steering head viewpoint, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks and also Marvic wheels. The bodywork was plastic material and fully integrated with front fairing merged in fuel tank and seat cover ending in the rear tail-fairing. The motorcycles were created by Lamborghini stylists and that is generated by French business Boxer Cycles.
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Branded merchandiseLamborghini licenses its company 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 their rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would end up being no factory-supported racing involving 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 through motorsport participation. Enzo Ferrari in particular was known for considering his road car business mostly a method to obtain funding for his participation in motor racing. Ferruccio's policy led to tensions between him as well as his engineers, many of whom had been racing enthusiasts; some had previously worked well at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their time to the development with the P400 prototype, they designed it becoming a road car with race potential, one that could win around the track and also be driven traveling by enthusiasts. When Ferruccio discovered the actual project, he allowed them to go ahead, seeing it as some sort of potential marketing device to the company, while insisting that it could not be raced. The P400 went on become the Miura. The closest the company found building a true competition car under Lamborghini's supervision were a number of highly modified prototypes, including those built by simply factory test driver Bob Wallace, such as the Miura SV-based "Jota" and the Jarama S-based "Bob Wallace Special".
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Inside mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW to produce, then manufacture 400 cars for BMW in order to meet Group 4 homologation prerequisites. BMW lacked experience developing a mid-engined vehicle and presumed that Lamborghini's experience in this area would make Lamborghini the perfect choice of partner. Due to Lamborghini's unsure finances, Lamborghini fell behind plan developing the car's composition 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 provide the car, which BMW named the particular M1, delivering the first vehicle in October 1978.
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