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VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
Fri, 14 Mar 2014It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.
Lamborghini Urus SUV to be assembled in Slovakia
Sat, 26 Apr 2014Lamborghini is known for many, many things. Beautiful, exotic and expressive styling, extreme performance and eye-watering prices are Lambo hallmarks. But the Raging Bull is perhaps best known for building its cars by hand... in Slovakia?
No, it's known for building its cars in Italy. But with the Urus SUV, which is already a departure (although not an unprecedented one) from your traditional Lamborghini, the brand could move construction outside the boot-shaped country, and east, into the former Soviet state.
The move will see the Urus, which will ride on a modified version of the Volkswagen Group's MLB platform, screwed together alongside the VW Touareg, Audi Q7, Porsche Cayenne and Bentley's eventual SUV at VAG's Bratislava factory. In terms of consolidating production in one factory, it's clearly a clever move. Still, we wonder if setting up Urus production outside of the Sant'Agata factory and in the sprawling Bratislava facility won't lessen the specialness inherent in Lamborghini products.
How to change the oil in a Lamborghini Huracan: carefully
Tue, Aug 7 2018There are eight oil drain plugs on the underside of the Lamborghini Huracan. And to even get to those drain plugs, 3 covers and about 50 bolts have to first be removed. Suffice it to say, then, that changing the oil in a supercar like the Huracan is a tedious process. And you won't be taking the car to your local Jiffy Lube. Royal Exotic Cars Fleet Manager Jesse Tang was recently filmed changing the oil in a Huracan that the company uses as a rental vehicle in Las Vegas. "It's kinda an expensive car for you to mess up, so ... we don't want to mess up," he says. And so Tang takes his time, checks to make sure he drains a full nine quarts of oil before buttoning everything back up and pouring fresh dino juice back inside the engine. While it's not quite as complicated or as expensive as changing the oil in a Bugatti Veyron, a drain and refill in the Lamborghini Huracan doesn't look like a job for the average backyard mechanic. But most cars are a whole heck of a lot easier to service. If you want to learn how to change the oil in your own car, we've got you covered – just watch the video down below. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.



