Oh, yes, Lamborghini even built bicycles at a time.
On the 1979 Frankfurt Motor Show, Automobili Lamborghini SpA unveiled a rather special bicycle, it wasn't built in Italy, but in Germany by Lamborghini Bike International.
This two-wheeler was very well built, using Titanium wherever possible, combined with expensive Magnesium and Polyester, all this added up to a weight of only 6.5 Kg.
The Lamborghini bicycle was built on special order only, at a cost of 7,000 DM at the time, but the production run was to be limited at only 500 units.
Before the bicycle was delivered, the actual customer's name was engraved into the frame. Note that the very first one was ordered by Herbert von Karajan.