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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.

Harry Metcalfe shows off his Lamborghini Countach

Harry Metcalfe may no longer be editing the Evo magazine he founded, but that doesn't mean he doesn't still have octane pumping through his veins – or that he isn't still producing world-class automotive content. In this latest video released on his YouTube channel Harry's Garage, Metcalfe shows off is 1987 Lamborghini Countach 5000 Quattrovalvole. The precursor of today's Aventador, the Countach was Sant'Agata's longest-serving mid-engined twelve-cylinder supercar, remaining in production from 1974 (after the Miura was discontinued) until 1990 (when the Diablo replaced it), and earned its place of prominence on the walls of so many childhood bedrooms. Metcalfe's was a later model from 1987 – the London Motor Show car from that year, in fact – packing the enlarged 5.2-liter V12 with the four-valve heads, those fantastical air vents and that giant rear wing. Harry even had the legendary Valentino Balboni to sign the interior. The video is a full half-hour long, but even if you've only got a few minutes, it's worth watching just the beginning to hear it starting up.

Bertone's Lamborghini-V12-powered minivan was ahead of its time

PARIS — Italian design house Bertone traveled to the 1988 edition of the Turin auto show (which was still a big deal in the late 1980s) to unveil a Lamborghini-powered design study. This wasn't unusual, as the two companies had worked together for decades, but the Genesis concept turned every head in the convention center because it was a van. Now it's turning heads again this week at the Retromobile Show in Paris. Bertone's styling and prototype-building teams allegedly spent a total of 30,000 hours making the Genesis look more futuristic than the minivans many kids carpooled to school in during the late 1980s, and much sportier. It needed to tick both boxes. It was a concept car, so it had captivate the public's attention, and it was powered by a 455-horsepower, 5.2-liter V12 borrowed from the Countach Quattrovalvole, so looking the part was a must. The mighty, front-mid-mounted 12 channeled its power to the rear wheels through a rather lame three-speed automatic transmission provided by Chrysler, which owned Lamborghini at the time. Sliding doors gave the rear passengers access to one of the more unusual interiors we've seen. There were two front-facing seats positioned over the rear wheels, and a single rear-facing chair in the middle of the interior. The front passengers faced forward, as you'd expect, but they could also move their seat cushion around to look at the folks riding in the back. Someone still needed to drive, so this configuration was best used when parked. While naming the concept Genesis was a little bit optimistic on Bertone's part, putting a Lamborghini engine in a minivan with butterfly doors was a courageous move. It was ahead of its time, too, because blob-shaped vans are a dime a dozen at the annual Consumer Electronics Show (CES) and they're almost universally welcomed as the transportation of the future. Bertone may not have had autonomous technology to play with, but it had a V12. Related Video:     Featured Gallery 1988 Bertone Genesis at Retromobile 2020 View 9 Photos Auto News Lamborghini Minivan/Van Performance Classics