Production magnate Italian Ferruccio Lamborghini founded this company in 1963 with the aim of producing a processed grand touring car to contend with offerings from established marques for instance Ferrari. The company's first types, such as the 350 GT, were released in your mid-1960s and were noted because of their refinement, power and comfort. Lamborghini gained wide acclaim in 1966 to the Miura sports coupé, which established rear mid-engine, rear wheel drive because the standard layout for high-performance cars in the era.Lamborghini grew rapidly during its first a decade, but sales plunged from the wake of the 1973 worldwide financial downturn and the oil crisis. Ferruccio Lamborghini sold ownership on the company to Georges-Henri Rossetti and also René Leimer and outdated in 1974. The company went belly up in 1978, and was placed within the receivership of brothers Jean-Claude as well as Patrick Mimran in 1980. The Mimrans purchased the business out of receivership through 1984 and invested heavily within 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 good performance off-road vehicle.The Mimrans sold Lamborghini on 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 and also Indonesian group V'Power Institution in 1994. In 1998, Mycom Setdco and V'Power sold Lamborghini towards Volkswagen Group where it turned out placed under the control on the group's Audi division. New products and style lines were introduced towards the brand's portfolio and taken to the market and saw an elevated productivity for the manufacturer Lamborghini. In the late 2000s, during the worldwide financial doom and gloom and the subsequent economic crisis, Lamborghini's sales saw the drop of nearly 50 %.
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As of the 2015 model season, Lamborghini's automobile product range includes two model lines, both of which are usually mid-engine two-seat sports cars. The V12-powered Aventador line consists of the LP 700-4 coupé and also roadster. The V10-powered Huracán line currently includes the all-wheel-drive LP 610-4 coupé as well as roadster, as well as your less powerful rear-wheel-drive LP 580-2 coupé. Lamborghini intends to double its car production by producing as numerous SUVs by 2018 as sports cars.Motori Marini Lamborghini produces a substantial V12 marine engine block for easy use in World Offshore Series Class 1 powerboats. A Lamborghini branded underwater engine displaces approximately 8, 171 cc (499 cu in) and outputs around 940 hp (700 kW).Lamborghini motorcycleIn the mid-1980s, Lamborghini produced a limited-production run of the 1, 000 cc sports motorcycle. UK weekly newspaper Motor bike News reported in 1994 - when featuring a good example available through an Essex motorcycle retailer - which 24 examples were produced using a Lamborghini alloy frame getting adjustable steering head angle, Kawasaki GPz1000RX engine/transmission system, Ceriani front forks and also Marvic wheels. The bodywork was plastic-type and fully integrated together with front fairing merged in to fuel tank and seat cover ending within a rear tail-fairing. The motorcycles were created by Lamborghini stylists and made by French business Boxer Motorbikes.
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Brand merchandiseLamborghini licenses its brand to manufacturers that produce a variety of Lamborghini-branded consumer goods including scale models, clothing, accessories, bags, electronics and laptop desktops.In contrast to his / her rival Enzo Ferrari, Ferruccio Lamborghini had decided in the beginning that there would end up being no factory-supported racing involving Lamborghinis, viewing motorsport as too costly and too draining upon company resources. [citation needed] This was unusual to the time, as many sports car manufacturers sought to demonstrate the speed, reliability, and technical superiority through motorsport participation. Enzo Ferrari in distinct was known for taking into consideration his road car business mostly a method 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 were being racing enthusiasts; some had previously did wonders at Ferrari. When Dallara, Stanzani, and Wallace began dedicating their extra time to the development with the P400 prototype, they designed it to become a road car with sporting potential, one that could win on the track and also be driven on the road by enthusiasts. When Ferruccio discovered this project, he allowed them to search ahead, seeing it as the potential marketing device for your company, while insisting that it will not be raced. The P400 went on to become the Miura. The closest the company found building a true contest car under Lamborghini's supervision were some highly modified prototypes, including those built through factory test driver William Wallace, such as the Miura SV-based "Jota" along with the Jarama S-based "Bob Wallace Special".
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In the mid-1970s, while Lamborghini was beneath the management of Georges-Henri Rossetti, Lamborghini entered into an agreement with BMW in order to develop, then manufacture 400 cars for BMW to be able to meet Group 4 homologation prerequisites. BMW lacked experience developing a mid-engined vehicle and presumed 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 construction and running gear. When Lamborghini failed to offer working prototypes on occasion, BMW took the program internal, finishing development without Lamborghini. BMW contracted with Baur to generate the car, which BMW named this M1, delivering the first automobile in October 1978.
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