LM002/American

https://www.caranddriver.com/news/a70607133/1990-lamborghini-lmoo2-bring-a-trailer-auction/

This 1990 Lamborghini LM002 is one of 301 examples manufactured between 1986 and 1993 and is among 60 built to LM/American specification for delivery to the US market. Chassis 12243 is said to have resided in two collections before changing hands in the 2010s and later being showcased on Doug DeMuro's YouTube channel in 2017. The car was purchased in 2018 by its current owner, who commissioned a $32k service by Canepa Motorsports early in 2019 as well as a suspension refresh in February 2026. Finished in Brilliant White over white leather with navy blue piping, the car is powered by a fuel-injected 5.2L quad-cam V12 that drives all four wheels via a five-speed manual transmission, a dual-range transfer case, and three self-locking differentials. Additional features include dual-caliper front disc brakes, four-wheel independent suspension, 17” OZ alloy wheels, Pirelli Scorio BK tires that were purchased under current ownership, a branded rear cargo-bed cover, a removable rear trunk, air conditioning, power windows, and a ceiling-mounted stereo. This LM002 LM/American is now offered in San Diego, California, on dealer consignment with invoices from current ownership, a clean Carfax report, and a clean Oregon title.

The LM002 was introduced at the 1986 Brussels Auto Show and was an offshoot of Lamborghini's foray into the development of off-road vehicles with a series of prototypes and concepts that began in 1977 with a prototype military light truck called the Cheetah. In contrast to preceding rear-engined experiments, the LM002 featured a front-mounted V12 that was shared with the contemporary Countach along with luxury-oriented interior appointments. An LM/American variant was introduced at the 1990 Detroit Motor Show as a limited run exclusively for the US market and featured OZ alloy wheels, chrome front and rear bumpers, sculpted side skirts, and various badging and trim changes.

Construction incorporated a steel tubular frame with riveted and bonded aluminum panels and angular four-door aluminum and fiberglass bodywork, which on this example is finished in Bianco Brillante with navy blue pinstriping and Lamborghini script. Features include hexagonal wheel arches, a front brush guard, an asymmetrical dual hood bulge, vented headlight surrounds, external door hinges, navy blue raging bull logos on the sail panels, a rear bed with guard rails, and dual exhaust outlets. A white cover with a dark blue raging bull logo is fitted over the rear bed.

In preparation for the sale, silver-painted OZ alloy wheels were mounted with 345/60 Pirelli Scorpion BK tires that were reportedly purchased from Pirelli five years ago. A spare is secured to the rear tailgate under a white cover with LM/American script. Servo-assisted brakes incorporate vented front discs with two calipers per wheel along with finned rear drum brakes. The brake master cylinder lines were replaced during the 2019 service by Canepa, while service in 2025 included replacement of the front brake pads and a brake fluid flush.

The cabin is trimmed in white leather with navy blue piping over front and rear bucket seats as well as over the door panels, console, and lower dashboard. Additional features include navy blue upper dash trim and carpeting, wood console and door accents, air conditioning, power windows, and an Alpine stereo situated overhead of the front occupants. The rear cargo bed is lined in diamond-plate panels and houses four jump seats beneath a removable trunk lined in red carpeting. The clutch and throttle pedals were repaired and adjusted during the work performed by Canepa between 2019 and 2020, which also included repairs to the power windows, windshield wiper system, and HVAC system.

The three-spoke Nardi steering wheel sits ahead of a wood instrument bezel surrounding a 220-km/h speedometer, a tachometer with a 6,500-rpm redline, and gauges monitoring fuel level, amperage, coolant temperature, and oil pressure. The six-digit odometer shows 27k kilometers (~17k miles).

The 5.2-liter V12 was shared with the contemporary Lamborghini Countach and features a 60° angle between cylinder banks, dual overhead camshafts on each bank, four valves per cylinder, and fuel injection with dual throttle bodies fed by heavy-duty air filters. The water pump and spark plugs were replaced during a 2018 service by Art of Cars in Pennington, New Jersey, while service by Canepa in 2019 included fluid changes and replacement of the accessory belts. The battery was replaced in June 2025, and fluid changes were performed in preparation for the sale.

Power is sent to either the rear or all four wheels via a ZF five-speed manual transmission, a dual-range transfer case, and three self-locking differentials. The clutch slave cylinder was rebuilt during the 2019 service by Canepa. Independent suspension incorporates double wishbones and coilover shock absorbers all around, and the suspension system was overhauled with replacement bushings in February 2026 by Eli's European in San Diego, California, using parts sourced from Eurospares in Essex, England. Invoices from the work are viewable in the photo gallery below.