Making magnate Italian Ferruccio Lamborghini founded the company in 1963 with the aim of producing a enhanced grand touring car to take on offerings from established marques including 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 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 decade, but sales plunged inside wake of the 1973 worldwide financial downturn as well as the oil crisis. Ferruccio Lamborghini sold ownership from the company to Georges-Henri Rossetti in addition to René Leimer and upon the market in 1974. The company went on the rocks in 1978, and was placed inside the receivership of brothers Jean-Claude in addition to Patrick Mimran in 1980. The Mimrans purchased the business out of receivership by means of 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 low rider and the LM002 high performance 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 along with the LM002, Chrysler sold Lamborghini to help Malaysian investment group Mycom Setdco along with Indonesian group V'Power Company in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini on the Volkswagen Group where ıt had been placed under the control in the group's Audi division. New products and type lines were introduced for the brand's portfolio and delivered to the market and saw a greater productivity for the brand Lamborghini. In the late 2000s, during the worldwide economic crisis and the subsequent financial system, Lamborghini's sales saw a drop of nearly 50 %.
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By the 2015 model yr, Lamborghini's automobile product range is made of two model lines, both of which are mid-engine two-seat sports cars and trucks. The V12-powered Aventador line consists of 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 the less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to twice its car production by producing several SUVs by 2018 seeing that sports cars.Motori Marini Lamborghini produces a large V12 marine engine block for easy use in World Offshore Series School 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu in) and outputs roughly 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of your 1, 000 cc sports motorcycle. UK weekly newspaper Tandem News reported in 1994 - when featuring a good example available through an Essex motorcycle retailer - that will 24 examples were produced using a Lamborghini alloy frame having adjustable steering head angle, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks and also Marvic wheels. The bodywork was plastic-type material and fully integrated together with front fairing merged into fuel tank and seat cover ending inside a rear tail-fairing. The motorcycles were designed by Lamborghini stylists and made by French business Boxer Bicycles.
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Printed merchandiseLamborghini licenses its brand name to manufacturers that produce a variety of Lamborghini-branded consumer goods which include scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would be no factory-supported racing associated with Lamborghinis, viewing motorsport as too costly and too draining upon company resources. [citation needed] This was unusual for your time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority as a result of motorsport participation. Enzo Ferrari in particular was known for taking into consideration his road car business mostly a way to obtain funding for his taking part in motor racing. Ferruccio's policy led to be able to tensions between him as well as his engineers, many of whom have been racing enthusiasts; some had previously did wonders at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their spare time to the development of the P400 prototype, they designed it to be a road car with race 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 travel ahead, seeing it as a new potential marketing device to the company, while insisting that it would not be raced. The P400 went to become the Miura. The closest the company stumbled on building a true competition car under Lamborghini's supervision were a number of highly modified prototypes, including those built simply by factory test driver Chad Wallace, such as the Miura SV-based "Jota" as well as the Jarama S-based "Bob Wallace Special".
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Within the mid-1970s, while Lamborghini was underneath the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to formulate, then manufacture 400 cars for BMW in order to meet Group 4 homologation specifications. BMW lacked experience making a mid-engined vehicle and considered that Lamborghini's experience because 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 deliver working prototypes on moment, BMW took the program inside, finishing development without Lamborghini. BMW contracted with Baur to generate the car, which BMW named the particular M1, delivering the first vehicle in October 1978.
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