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$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

Lamborghini Huracan could become an 850-hp PHEV next year

So far, Lamborghini is celebrating 2022 with record sales and odes to the internal combustion engine thanks to a raft of special editions. The Italian automaker's plunge into electrification starts next year with the next-generation Huracan and its plug-in hybrid powertrain. Lamborghini's head of research and development said, "The engine will be bespoke for Lamborghini. On the final details we can’t yet communicate this, but I would say more than six and less than 12 cylinders for the combustion engine." The easy (well, easier...) option would be to tweak one of the Volkswagen Group's twin-turbo V8s to work with a pair or trio of electric motors. Auto Express says its sources suggest two bits of intel on that engine, the first being that it could be an in-house design "not sourced from VW Group," the second that combined output might exceed 850 horsepower. Such a theoretical coupe would be 169 horses more potent than the Huracan STO and easily satisfy Mohr's assertion that the new generation "from the performance point of view ... will again be a big step." Lamborghini is spending $1.8 billion on its path to an electric future. It's possible the firm could take part of that money to develop a V8 for itself, instantly setting itself apart from the other high-dollar brands in the VW Group. Naturally, we'd love to see that, or even a hybrid V10; what a monster that could be, although heavy, and engineers have been clear about waging a war against weight. The Wolfsburg parent is known to be a huge fan of scale, though, and a V8 or V10 that only serves two vehicles — the Aventador will continue with a V12 even as a plug-in hybrid — seems like a stretch to get approval. Parsing this also depends on how the automaker could define "in-house design." We've seen massively revised engines built around an existing block considered "all-new." The Huracan could debut as soon as next year, one year ahead of the automaker's commitment to electrifying the whole three-car lineup. Autocar says that looking ahead from there, we'll finally get eyes on the battery-electric Lamborghini in 2028. Last year, the predicted window was sometime between 2025 and 2027, and an interview with Lamborghini chief Stephan Winkelmann has clarified a few bits.

Bologna airport has a Lamborghini Huracan taxi car

It's official. Bologna, Italy, has the best welcome sign of all time. It's striped across a Lamborghini Huracan at Aeroporto Marconi di Bologna. Better yet, the Lambo is an in-use tarmac taxi vehicle that gets planes where they need to go. It even has a light bar! Lamborghini took to social media this week to show off its newest design, a Huracan RWD airport car, and it's not just for show. In addition to the welcome note, it also has "FOLLOW ME" largely printed across its doors. Designed by Centro Stile Lamborghini, this car guides planes around the airport before and after takeoff and landing. It's certainly easy to follow, as a supercar already stands out, even before its race-inspired yellow checkered livery. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The pairing makes sense. Lamborghinis have long been known to take design inspiration from planes, and the Lamborghini is located just outside Bologna. The company also already has a display space with a Lamborghini Urus and a Lamborghini Aventador SVJ in the airport. It's also not the only Huracan we've seen with a light bar. Like many one-off Lamborghinis, this Huracan is not for sale. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.