Manufacturing magnate Italian Ferruccio Lamborghini founded the business in 1963 with the aim of producing a refined grand touring car to tackle offerings from established marques including Ferrari. The company's first models, such as the 350 GT, were released in the particular mid-1960s and were noted for refinement, power and comfort. Lamborghini gained wide acclaim in 1966 for that Miura sports coupé, which established rear mid-engine, rear wheel drive for the reason that standard layout for high-performance cars on the era.Lamborghini grew rapidly during its first a decade, but sales plunged within the wake of the 1973 worldwide financial downturn and also the oil crisis. Ferruccio Lamborghini sold ownership with 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 from the receivership of brothers Jean-Claude and also Patrick Mimran in 1980. The Mimrans purchased the organization out of receivership simply by 1984 and invested heavily inside 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 good 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 in order to Malaysian investment group Mycom Setdco and Indonesian group V'Power Institution in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards the Volkswagen Group where ıt had been placed under the control of the group's Audi division. New products and product lines were introduced towards the brand's portfolio and exposed to the market and saw an increased productivity for the brand name Lamborghini. In the late 2000s, during the worldwide financial disaster and the subsequent financial system, Lamborghini's sales saw a new drop of nearly 50 %.
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As of the 2015 model year, Lamborghini's automobile product range includes two model lines, both of which are usually mid-engine two-seat sports autos. The V12-powered Aventador line contains the LP 700-4 coupé as well as roadster. The V10-powered Huracán range currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as the particular less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to double its car production by producing numerous SUVs by 2018 seeing that sports cars.Motori Marini Lamborghini produces a sizable V12 marine engine block for use in World Offshore Series Type 1 powerboats. A Lamborghini branded maritime engine displaces approximately 8, 171 cc (499 cu in) and outputs around 940 hp (seven-hundred kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of a 1, 000 cc sports motorcycle. UK weekly newspaper Motor bike News reported in 1994 - when featuring a good example available through an Kent motorcycle retailer - that 24 examples were produced which has a Lamborghini alloy frame possessing 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 using front fairing merged directly into fuel tank and seat cover ending in the rear tail-fairing. The motorcycles were designed by Lamborghini stylists and that is generated by French business Boxer Bicycles.
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Top quality merchandiseLamborghini licenses its company to manufacturers that produce a variety of Lamborghini-branded consumer goods as well as scale models, clothing, accessories, bags, electronics and laptop computer systems.In contrast to their rival Enzo Ferrari, Ferruccio Lamborghini had decided at the beginning that there would always be no factory-supported racing associated with Lamborghinis, viewing motorsport as very costly and too draining in company resources. [citation needed] This was unusual for the time, as many sports car manufacturers sought to show the speed, reliability, and technical superiority by means of motorsport participation. Enzo Ferrari in distinct 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 in order to tensions between him and also his engineers, many of whom ended up racing enthusiasts; some had previously proved helpful at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their free time to the development on the P400 prototype, they designed it to become road car with race potential, one that could win about the track and also be driven on the highway by enthusiasts. When Ferruccio discovered the particular project, he allowed them to go ahead, seeing it as some sort of potential marketing device for your company, while insisting that it will not be raced. The P400 went on become the Miura. The closest the company stumbled on building a true battle car under Lamborghini's supervision were some highly modified prototypes, including those built through 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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From the mid-1970s, while Lamborghini was under the management of Georges-Henri Rossetti, Lamborghini entered into a agreement with BMW to build up, then manufacture 400 cars for BMW as a way to meet Group 4 homologation needs. BMW lacked experience creating a mid-engined vehicle and considered that Lamborghini's experience in that area would make Lamborghini the best choice of partner. Due to Lamborghini's shaky finances, Lamborghini fell behind timetable developing the car's framework and running gear. When Lamborghini failed to produce working prototypes on period, BMW took the program in house, finishing development without Lamborghini. BMW contracted with Baur to create the car, which BMW named the particular M1, delivering the first car or truck in October 1978.
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