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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.

Jay Leno holds Lamborghini showdown, compares Gallardo LP570-4 and LP550-2

Jay Leno's Garage welcomes two of our favorite Lamborghini models over for compare-and-contrast session, the Gallardo LP570-4 Superleggera and Gallardo LP550-2. Note, however, that these are the 2012 coupes, not the 2013 models with their revised front and rear fascias.
Leno likes the size of the Gallardo over the Aventador, and between the two siblings, his philosophy leans heavily toward the rear-wheel drive and superior comfort of the LP550-2. With the help of Andrew Romanowski of the Lamborghini Club of America, Leno goes through little-known details like the LEDs in the engine bay and the particulars that distinguish the two vehicles like the Alcantara, polycarbonate windows and lighter tires on the Superleggera.
Then, doing something that he would never do with human guests on his television show, he takes his favorite out for the driving segment and leaves the all-wheel-drive coupe at the garage to pout. You can learn a few things yourself and listen to Jay sing hosannas about the overall build quality and rear-focused power of the LP550-2 in the entertaining video below.

Santa upgrades to Lamborghini Gallardo, spreads joy in LA

We understand. It's hard to slow down and really take in the holiday season, so it often comes and goes in a blur. That's especially so in Los Angeles, where almost everything moves fast and you feel like a face in the crowd. Determined to keep up with the fast pace and be noticed, one Santa Clause and his "elf" assistant decided to upgrade their "sleigh" - to a Lamborghini Gallardo (no reindeer needed).
We commend Santa's choice in the beloved Lamborghini and think Los Angelenos did notice him (though we're not sure he wanted to be approached by Freddy Krueger up there). Head below to watch Santa and his helper spread holiday joy with V10-powered goodness.