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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

Lamborghini shows off 2023 Huracan 60th Anniversary models at Fashion Week

As promised, Lamborghini pulled back the covers on its run of 60th anniversary Huracans. The three trims, Super Trofeo Omologata (STO), Tecnica, and EVO Spyder each come in two fashion-influenced colorways, and each will come in a run of 60 units for a total of 180 produced. The STO is inspired by sportwear and the athletic team kit. The first version comes in various shades of blue over black, the second version in gray over black. The Huracan Tecnica looks to motorsports liveries and the Italian flag, one variant in gray over black and red, the other in white with green stripes over black. The droptop EVO Spyder is a remix of the other two, available in either blue and white over black, or green with white strips over black. Of note, CEO Stephan Winkelmann said "The special editions of the Huracan not only celebrate the 60th anniversary of our brand, but also give our customers maybe the last chance to purchase an otherwise sold-out V10-powered Lamborghini." We think "maybe" is an important word in this sentence. The high-riding Sterrato only got 1,499 units that disappeared faster than wet cotton candy. The standard Huracan is sold out through 2024, as is everything else coming out the Sant'Agata Bolognese factory. Yet the Huracan successor isn't due until the end of 2024, according to a Road & Track report. Eighteen months that will include the afterglow of a huge birthday year is a long time to go without one-third of the lineup, especially at a company that loves — and succeeds so well at — special editions. As for that successor, about the only agreement among rumors is that the chassis be a modified version of the platform created for the flagship Revuelto. Car magazine says the hybrid V12's carbon-heavy "monofuselage" will be reworked with aluminum to lower the price. As recently as last November, some pubs said they expected Lamborghini to stick with a V10, Auto Express writing about Lamborghini technical officer Rouven Mohr saying, "[the new car is] not a range-oriented hybrid and there will be no kind of downsizing," the mag saying Mohr conveyed the sentiment "that itÂ’s against LamborghiniÂ’s philosophy to reduce the engine size and then 'compensate' with electrification as some rivals have done."  A twin-turbo hybrid V8 has come up more recently, this engine being of Lamborghini's design. No longer having a corporate sibling in the Volkswagen Group stable to share V10 hybrid costs and upkeep with, a hybrid V8 makes much more sense.

The exotic '80s: Ferrari, Lamborghini, Lotus and the Porsche 959

There's no secret that we are big fans of the MotorWeek Retro Review series around here. In an automotive world that often focuses on the latest tech and what's coming in the future, it's refreshing to take a look into the past to get a new perspective. That said, the show is really outdoing itself this time by posting a full episode from the '80s to YouTube, complete with the original, jazzy opening. The video is an absolute standout, too, with drives of some of the best supercars that Europe could offer at the time. Among the now classic sportscars that MotorWeek got to drive are the Ferrari 328, Lotus Esprit Turbo, Lamborghini Jalpa and Autokraft AC Mark IV. There's even a preview that sings the praises of the tech in the Porsche 959. The episode is basically a showcase of most of the exotics from young enthusiasts' walls and school folders during the '80s and is not to be missed. News Source: MotorWeek via YouTube Ferrari Lamborghini Lotus Porsche Performance Classics Videos lotus esprit ac