2012 Lamborghini Aventador Coupe Lp-700-4 / Lp700 4 / Lp 700-4 / White On Black on 2040-cars

Auto blog

Lamborghini has been developing an IPO strategy 'for a long time'

Porsche AG isn’t the only Volkswagen AG brand that has been quietly preparing for a potential initial public offering. Italian luxury-car maker Lamborghini has been developing a strategy how to present itself to stock-market investors since well before Volkswagen asked each of its brands to come up with virtual equity stories, according to the unitÂ’s Chief Executive Officer Stephan Winkelmann. “WeÂ’ve been working on this with other agencies in order to create clarity,” Winkelmann said. “As a brand, weÂ’ve done so for a long time, to show what worth, what value we have. Up until a little while ago, it wasnÂ’t so well known.” Porsche became EuropeÂ’s most valuable automaker last month, when its market capitalization overtook that of VW a week after its IPO in Frankfurt. The debut of the 911 maker was a bold move into public markets, which have been largely shut for most of the year. VW CEO Oliver Blume has said he sees the listing as a blueprint to unlock more value from the groupÂ’s brands that also include Audi and Bentley. “An IPO drill is exactly what you do to show the public how solid you are and what is in progress for the future,” Winkelmann said. “We have a clear story and strategy for that.” Audi, which oversees VWÂ’s premium brands, said last month there are no concrete plans for an IPO of Lamborghini. A previous push to potentially spin off the carmaker and motorcycle brand Ducati ran into opposition from labor leaders. Still, LamborghiniÂ’s recent profit gains -- including a 31.9% operating margin in the first half of this year -- make a solid case for a stock-market listing, said Michael Dean, an analyst at Bloomberg Intelligence. “An IPO is something that could potentially happen in the next 18 months, depending on market conditions,” Dean said. “A ˆ15 billion valuation is entirely justifiable and could be even higher, given the margin metrics.” LamborghiniÂ’s deliveries rose 8% to 7,430 vehicles in the first nine months of the year. Operating profit climbed 69% to ˆ570 million ($567 million). Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini teases Huracan Sterrato tackling terrain

Lamborghini Aventador bursts into flames in London traffic

Italian supercars have a well-deserved reputation for sexy styling, fiery souls, and eye-wateringly high performance. They also have a reputation for occasionally bursting into flames with little to no provocation. The latest example of this startling habit happened in London when a bright yellow Lamborghini Aventador caught fire in the middle of rush hour traffic. According to Express, six firefighters and one engine from the London Fire Brigade were dispatched to the intersection of Southwark Street and Blackfriars Bridge in central London on the evening of June 8. When they arrived, they found a bright yellow Lamborghini Aventador burning in the middle of the street surrounded by curious onlookers. Traffic at the busy intersection ground to a halt as police moved people away from the burning car and firefighters worked quickly extinguished it. "This chap was sitting in traffic and I heard the car revving then someone shouted, 'Your car is on fire'," Dan Jenkins, a passerby who filmed the incident, told the Evening Standard. "It started off as a small flame on the side and then it escalated very quickly getting close to the engine. At the start, it looked like the exhaust was flaming like some supercars do." Amanda Compton, another witness, told the Standard, "The driver was revving up the car at traffic lights in a queue, there was a loud bang and the engine caught fire." Thankfully, the driver escaped unhurt, but the Lambo is probably a total loss. This isn't the first Aventador that has burned to the ground after the driver got a little too spirited with the accelerator. In October 2015, another yellow Aventador burned down in Dubai after the driver redlined the big V12 a few too many times in traffic. Related Video: News Source: The Evening Standard, The Mirror, The Express Auto News Weird Car News Lamborghini Coupe Supercars car fire

Lamborghini Huracan Performante is getting a drop-top version

If you just released a specialized, lightweight track weapon with fancy active aerodynamics, what would you do next? If you said chop the car's top off, you must work for Lamborghini, because that's just what the company is doing to its Huracan Performante. Our spy photographer has caught roadster versions of the ultimate Huracan out during testing. The car looks pretty much as you would expect. The lower body work from the front bumper back is all effectively carry-over from the coupe. The rear wing looks to have the same shape and functionality, too. Where things really change is with the engine cover. Like the normal Huracan roadster, the Performante loses the glass engine cover in favor of an opaque cover and a hard tonneau for the top. The engine cover features larger vents at the base of the wing's pedestals, and they appear to have large scoops at the other end. In addition to the new engine cover, this Performante roadster has different wheels which seem to be taken from the standard model. However, these will likely be swapped for the coupe's mesh-style wheels. A close examination shows that the wheels are shod in Pirelli P Zero Corsas that are probably the same compound as the standard tires for the Performante coupe. While this won't be the first time Lamborghini has built a roadster out of its high-performance entry-level sports car, the decision to turn the new Performante into one seems a little strange considering the effort to lighten it and endow it with magical aero. Even more so when the result is a car that Lamborghini claims laps the Nurburgring faster than the bonkers Porsche 918 Spyder. It feels like a step backwards to add a retractable top that probably weighs more and messes with the aerodynamics. But then, Lamborghinis are known mostly for being flashy and fast, and this Performante convertible will fill both criteria with ease. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.