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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

Gumball team creates Lamborghini-powered Batmobile

Look, whatever you think of the Gumball 3000 Rally, it does attract some spectacular machinery. High-end supercars and modded monsters are the norm, but occasionally, something really special pops up. Like the Batmobile. Okay, so this isn't exactly the Batmobile, but the Dark Knight's wheels clearly served as the inspiration for this brute. It comes from Team Galag, one of the many groups that contest the globe-trotting Gumball. This car has had very real, very talented hands on it during development. According to the video, the lead engineer spent 15 years at Sweden's Koenigsegg, which might explain the lovely detail on the carbon-fiber body. The fixed wheel covers are impressive but disorienting, making it look like the car just hovers over the road. Underneath all that carbon fiber sits a thumping 5.2-liter V10, borrowed from a Lamborghini Gallardo. This might be the only application where this engine is underwhelming – look at that body, and then listen to the engine. It just feels a little mismatched for such a wild looking car. Still, the work here is impressive. Now, if only it can get through this year's Gumball without crashing... Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Mr JWW via YouTube Aftermarket Lamborghini Videos gumball 3000

Lamborghini owner parks Countach near London Tower Bridge, everyone freaks

With its razor-sharp wedge shape, high performance and minuscule ride height, the Lamborghini Countach has always been a supercar made to be gawked at and grab attention. Even the model's name supposedly comes from an Italian exclamation. But not all recognition is positive, as is the case with this Lamborghini illegally parked within sight of London's famed Tower Bridge.
According to The Telegraph, this white Countach was reportedly abandoned after running out of fuel, blocking a lane in the process. In that time, someone apparently attempted to scratch off part of its no-parking sticker. In the end, the supercar was hooked up and lifted onto a flatbed truck to be towed away, drawing a sizable crowd in the process. Those interviewed seemed pretty upset and mystified that someone would illegally park the car there.
According to The Telegraph, the owner was traced via license plate, whereupon it was discovered there was a warrant out for his arrest on harassment charges. He was subsequently arrested in London and later released on bail. Sadly, there's no word yet on whether the classic Lamborghini was released with its owner or if its angular self is sitting in an impound lockup somewhere.