2013 Lamborghini Aventador Lp-700-4 Coupe $438,085.00 Msrp!!! on 2040-cars

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Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen

Lamborghini Urus Evo spied playing in the snow

The Lamborghini Urus appears to be due for a well-deserved mid-cycle refresh. If we use Lamborghini’s most recent naming conventions, itÂ’s likely that the Urus will gain the name “Urus Evo” with the update. These spy shots give us a relatively clear picture of what we should expect from the updated Urus from a design perspective. The changes are mild at best, as Lamborghini is keeping whatÂ’s worked so well for the past few years. In case you missed it, the Urus is far and away LamborghiniÂ’s best-selling model now, and itÂ’s to thank for the Italian companyÂ’s record-setting 2021 sales figures. WeÂ’ll note that this winter weather Urus tester is wearing a slightly massaged front bumper with added vents. The adding of vents continues on the revised hood design that features a pair of vents unseen previously. Other notable updates come toward the rear of the Urus. We spy a new rear bumper design that takes a different approach on the integration of the rear fender vents. Those vents near the wheel arch are now far bigger and more noticeable than they are in the current Urus. And thatÂ’s about it for what we can see on the exterior of this Urus. We bet that the most important updates will come in the form of an interior updated with newer tech. Plus, thereÂ’s the chance that we get more power out of a Urus Evo. We donÂ’t suspect itÂ’ll be a massive gain in output, but any movement in the positive direction will be welcome. A massively more powerful Urus with a hybrid powertrain that borrows from PorscheÂ’s PHEV tech should follow at a later date. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini Urus Inside and Out

Fastest-ever Lamborghini may debut in Geneva

Lamborghini is headed to next month's 2013 Geneva Motor Show with the brand's fastest car yet. The news comes courtesy of Filippo Perini, Lamborghini's design director, who reportedly dished that the brand will celebrate its 50th anniversary with a new low-volume hypercar. Perini made the comments while at the US launch of the automaker's recent Aventador Roadster in Miami, and he made it clear there will only be 10 production examples of the new model. If you want one, you had better get your wallet to the closest dealer (the designer admits most of the exotics are already spoken for).
Meanwhile, Lamborghini CEO Stephan Winkelmann has said his company will continue to explore special edition models. As you may recall, the Italian automaker built just 20 examples of its Sesto Elemento, originally penned for the 2010 Paris Motor Show. It promptly sold each one for $2.5 million. Then there was last year's Aventador J, which flew out the door at $2.6 million, including taxes. Stay tuned for more information from the show floor.