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Rare early Lamborghini Countach sells for record $1.2 million

Lamborghini may have made headlines with the highly exclusive, $4.5-million Veneno and the even more expensive Veneno Roadster that followed, but when it comes to classics sold at auction, their prices seldom approach the kind of figures attained by rare classics made by arch-rival Ferrari. Early 350 GTs and rare Miuras (like the SV prototype Gooding sold a few years ago for a record $1.7 million) have been known to breach the seven-figure mark, but now the Countach is making its way into the big leagues as well.
Pictured here is a rather exceptional early example sold by Bonhams in Connecticut last week. This 1975 Lamborghini Countach LP400 "Periscopica" - so dubbed for the unique rearview mirror fitted to the first 150 examples made - has just over 10,000 miles on the odometer. With flawlessly retouched Blu Tahiti (read: French racing blue) paint and an immaculate deep tan leather interior, the Periscopica was the subject of feverish bidding before selling for $1.2 million to a buyer present at the auction, beating out a dozen or so telephone bidders.
The record price for a Countach trumps the previous record, also set by Bonhams at the Quail Lodge last August, where another '75 Periscopica sold for $836,000. The rising prices surely reflect the coming of age for the Countach, now nearly 40 years since its introduction - particularly for the generation that grew up idolizing it as the prototypical supercar. Scope it out in the artful gallery of 76 high-resolution images above and the details of the auction below.

Lamborghini's Centenario Roadster has arrived and it's already sold out

We love a good crazy Lamborghini design. While Pagani and, arguably, Koenigsegg have overtaken Lambo in the crazy department lately, Lamborghini still has its magic touch. For evidence, let us introduce you to the Centenario Roadster. It was unveiled this afternoon at Pebble Beach. Based on the Centenario coupe that was built in honor of Ferruccio Lamborghini's hundredth birthday (if he were still alive today), the roofless version is essentially the same supercar, but with the added luxury of unlimited headroom. Both Centenarios are based on the underpinnings of a Lamborghini Aventador and built around a carbon monocoque with a 759-horsepower, 6.5-liter V12 in the middle. Thanks to the naturally aspirated V12, the Centenario Roadster can sprint to 62 mph in 2.9 seconds, which is only a tenth of a second slower than the coupe. Not bad. Only 20 Roadsters will be built, the same number as the coupe, and, according to Automotive News, they've all been sold. While the hardtop went for $2 million, the Centenario Roadster, in all of its roofless glory, will run roughly $2.3 million. To us, even though we can't afford it, the insane price tag somehow makes sense. Related Video: Featured Gallery Lamborghini Centenario Roadster Debut View 17 Photos Related Gallery Lamborghini Centenario Roadster News Source: Lamborghini, Automotive News-sub. req.Image Credit: Live photos copyright 2016 Drew Phillips / Autoblog Misc. Auto Shows Lamborghini Convertible Performance Supercars Pebble Beach lamborghini centenario

Lamborghini implements 4-day workweek for production workers

Wikipedia Lamborghini is planning to implement a four-day workweek for its production workers. The new workweek is a historic industry win; other auto unions have failed to secure the same terms. Other companies that use the four-day workweek have reported high levels of productivity.  On Tuesday, Lamborghini announced a deal with its unions to implement a four-day workweek for car production workers. The unions called the agreement "historical," per Reuters. It is the first agreement of its kind in the European auto industry that reduces working hours without a wage cut — instead, it includes a raise and a one-time bonus of $1,082 in the next month. Overall, the new workweek will mean production workers work up to 31 fewer days a year, according to Road & Track. Lamborghini isn't the only company in Europe to adopt the shortened workweek — others, like the bank Intesa Sanpaolo and eyewear company EssilorLuxottica, have also recently made the change, per Reuters. Companies in Britain that have made the change have reported increased work productivity, better job retention and recruitment rates, and fewer sick days, according to Reuters. Other unions in the auto industry could not get companies like Ford, General Motors, and Stellantis to approve the shortened work hours, per The Street. "Work less and work better, this is the principle that guided this negotiation, and which is part of a comprehensive reasoning," FIOM and FIM-CISL unions said in a statement, per Road & Track. It's been a year of historic developments for the auto industry. In late October, the United Auto Workers strike ended strikes and made tentative agreements with all Big Three Detroit automakers, per previous Business Insider reporting. The deals included 25% raises, cost-of-living adjustments, and more accessible paths to full pay. Plants/Manufacturing UAW/Unions Lamborghini