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Auto blog
VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
Fri, 14 Mar 2014It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.
Lamborghini teases new Huracan GT3
Tue, 07 Oct 2014The Volkswagen Group supports many racing programs among its various brands, but somewhat surprisingly, Lamborghini is not chief among them. Not by a long shot. But even Lambo is getting in on the action with the upcoming launch of the Huracán GT3 previewed in this latest video clip from testing at the Vallelunga circuit near Rome.
The new Huracán GT3 will be Lamborghini's first major in-house competitive racing project, building on the Huracán Super Trofeo spec racer and the previous Gallardo and Murciélago racers that were developed by Reiter Engineering (with varying levels of support from the factory).
Expect the Huracán GT3 to be based closely on the production version, but in order to comply with FIA GT3 class regulations, we can expect that it will have to shed a good few hundred pounds off its curb weight - even more if the Squadra Corse wants to keep the 5.2-liter V10 at the same 600-horsepower output it boasts in road-going trim.
Lamborghini to price Urus similar to Huracan
Thu, 04 Sep 2014If and when the Urus project is finally approved for production, it will take Lamborghini into not one but several new territories. For one, it will be the company's first SUV since the demise of the LM002 in 1993. It'll also be the company's first front-engined model since the demise of the Jalpa and Espada in the late '70s, and its first model to offer hybrid and turbocharged powertrains in, well... ever. Just don't expect it to be its cheapest model.
According to Motoring.com.au, in speaking with Lamborghini sales and marketing execs, the Urus "will be priced similarly to the Huracán," which is currently the Raging Bull marque's entry-level model. That doesn't mean, necessarily, that the Urus (pictured above in Beijing alongside the previous Gallardo) couldn't undercut the Huracán's price slightly - especially since it will likely offer more than one engine option - but don't expect it to come cheap.
The Huracán starts in the US for $237,250. If, as reported, the Urus commands a similar price, that would make it the most expensive SUV on the market. That is, at least, before other high-end rivals from the likes of Bentley and Maserati get into the game.