Producing magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a processed grand touring car to compete with offerings from established marques like Ferrari. The company's first types, such as the 350 GT, were released in the mid-1960s and were noted for 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 ten years, but sales plunged inside wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti and also René Leimer and retired in 1974. The company went on the rocks in 1978, and was placed within the receivership of brothers Jean-Claude along with Patrick Mimran in 1980. The Mimrans purchased this company out of receivership by 1984 and invested heavily inside company's expansion. Under the Mimrans' administration, Lamborghini's model line was expanded in the Countach to include the Jalpa fancy car and the LM002 high performance off-road vehicle.The Mimrans sold Lamborghini towards the Chrysler Corporation in 1987. After replacing the Countach with the Diablo and discontinuing the Jalpa plus the LM002, Chrysler sold Lamborghini in order to Malaysian investment group Mycom Setdco in addition to Indonesian group V'Power Corporation in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini for the Volkswagen Group where it was placed under the control from the group's Audi division. New products and product lines were introduced to the brand's portfolio and exposed to the market and saw a heightened productivity for the brand Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent financial crisis, Lamborghini's sales saw some sort of drop of nearly 50 %.
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As of the 2015 model season, Lamborghini's automobile product range is made of two model lines, both of which are usually mid-engine two-seat sports automobiles. The V12-powered Aventador line contains the LP 700-4 coupé in addition to roadster. The V10-powered Huracán line currently includes the all-wheel-drive LP 610-4 coupé in addition to 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 seeing that sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for utilization in World Offshore Series Course 1 powerboats. A Lamborghini branded sea engine displaces approximately 8, 171 cc (499 cu inside) and outputs around 940 hp (700 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports motorbike. UK weekly newspaper Tandem News reported in 1994 - when featuring a case in point available through an London motorcycle retailer - that 24 examples were produced which has a Lamborghini alloy frame obtaining adjustable steering head perspective, Kawasaki GPz1000RX engine/transmission model, Ceriani front forks along with Marvic wheels. The bodywork was plastic material and fully integrated using front fairing merged in to 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 Bikes.
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Branded merchandiseLamborghini licenses its model to manufacturers that produce a range of Lamborghini-branded consumer goods as well as scale models, clothing, accessories, bags, electronics and laptop personal computers.In contrast to his or her rival Enzo Ferrari, Ferruccio Lamborghini had decided in early stages that there would become no factory-supported racing of Lamborghinis, viewing motorsport as too costly and too draining in company resources. [citation needed] This was unusual for your time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority as a result of motorsport participation. Enzo Ferrari in particular was known for contemplating his road car business mostly a supply of funding for his taking part in motor racing. Ferruccio's policy led to be able to tensions between him along with his engineers, many of whom were being racing enthusiasts; some had previously worked at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development in the P400 prototype, they designed it becoming a road car with auto racing potential, one that could win around the track and also be driven on the road by enthusiasts. When Ferruccio discovered the actual project, he allowed them to visit ahead, seeing it as a potential marketing device to the company, while insisting that it would not be raced. The P400 went onto become the Miura. The closest the company came to 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" and 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 produce, then manufacture 400 cars for BMW so that you can meet Group 4 homologation specifications. BMW lacked experience developing a mid-engined vehicle and thought that Lamborghini's experience because area would make Lamborghini a perfect choice of partner. Due to Lamborghini's unreliable finances, Lamborghini fell behind timetable developing the car's composition and running gear. When Lamborghini failed to deliver working prototypes on period, BMW took the program internally, finishing development without Lamborghini. BMW contracted with Baur to create the car, which BMW named your M1, delivering the first car in October 1978.
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