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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

Lambo Urus to stay true to concept, but almost didn't happen

Lamborghini has been making noise about adding a third model line for years, and it's finally going to happen now that the Urus concept has been approved for production. It'll likely be a while yet before all the details are sorted out and revealed to the public, but while visiting the factory in Sant'Agata Bolognese, Autoblog was able to glean some intriguing details about the Italian automaker's forthcoming crossover and its path it is taking from concept to production. "It's good to have heritage, but the LM002 is not the reference or the blueprint." - Lamborghini CEO Stephan Winkelmann We first saw the Urus concept back in 2012, and Lamborghini has been lobbying its parent company Volkswagen ever since for the go-ahead to put it into production. Now three years later, it finally has the green light. A company representative told Autoblog the production version looks "very" close to the concept. (No ground-up redesign here, then, like sister-brand Bentley did with its inaugural crossover project.) Speaking with a small group of journalists in Sant'Agata, the company's chief executive Stephan Winkelmann confirmed that "the SUV could be the [company's] first car with a turbo, and it could be the first car with a plug-in, if we have the opportunity to have more than one engine." The Urus (or however it's ultimately labeled for production) will also be decidedly geared towards on-road performance – unlike the Rambo Lambo on display in the museum next door. "It's good to have heritage," said Winkelmann, "but the LM002 is not the reference or the blueprint" for the new model. As to the question of why it has taken three years to get approval, and why it will take another three to put it into production, Winkelmann was frank: "Basically if you look at our numbers, we are a company which is growing at a fast pace, but we are very small," said the affable executive. "We had to find a way to almost double our efforts, because it's not the exchange of a model line, with the Gallardo and Huracan, it's adding a model line. And not out of 20 to come to 21 models, but from two to three is a major effort, and you have to have a rock-solid business case." "Putting 500 more people inside a company which is now at 1,200, you can imagine what it means. Doubling almost the size of the area here where we are sitting today. Investing hundreds and hundreds of millions.

2020 Lamborghini Urus Luggage Test | Loading the bull

A Lamborghini was recently at my house, which is sort of like the queen dropping in. And though I assiduously avoided carrying anything that could spill, splash, smudge or muss, one aspect of the 2020 Lamborghini Urus we wanted to check was just how much luggage it can carry considering the limitations imposed by the SUV's extremely sloped roofline. So I hopped onto the Lamborghini Store's website to order up just the right stuff, co-branded by Lamborghini and TecknoMonster — hmm, perhaps the carbon-fiber small trolley case for $4,904, or the carbon-fiber Bynomio big trolley case for $7,874, or the Bynomio Hold Maxi carbon-fiber suitcase for $17,388. Perhaps the whole set. Now you might be saying to yourself, "That's sure an expensive way to haul my clean underwear." But rest assured these suitcases emerge from the autoclave after a cutting-edge aerospace process that merges two different types of carbon fiber and ensures "top performance and excellent mechanical properties, requiring extreme accuracy in all manufacturing steps." Pity the fool who has a suitcase that's anything less. But tragically, there's at least a 20-day lead time in ordering, and the Urus was only here for the weekend. So I guess that fool is me, having to resort to the same old world-weary, beat-up suitcases I usually use, which share space in the garage with the lawn tractor and cat litter box. Six suitcases were at my disposal. Three would need to be checked at the airport, and one of those is particularly ungainly (29x19x11 inches, 26x17x10, 25x16x10). Three others would be small enough to carry on (24x14x10, 23x14x11, 22x14x9), if we were getting on airplanes anymore. Several of these bags have four wheels that jut out and were counted in the dimensions. It's a shame not to have Riswick's wife's fancy bag for such a fancy car. The Lamborghini Urus is pretty big. At 201 inches long and 79 inches wide, it is 2 inches longer than a Ford Explorer, and the same width. It's 4 inches shorter than the big Mercedes-Benz GLS, but 2 inches wider. Plus, those are vehicles with third-row seating; the Urus has two rows and seats five. (Four if you get the backseat buckets and console.) Yet its cargo hold is 21.75 cubic feet, which is only about 3 cubic feet bigger than the others' space behind the third row. It's also much less than various five-seat, midsize SUVs. We're told it is wide enough to fit a couple bags of golf clubs, which looks feasible.