750whp Twin Turbo Billet 62mm Motec M800 Custom Stereo Titan Lambo Like 05 06 07 on 2040-cars

Auto blog

Rough seas delay salvage operation for burning ship carrying luxury cars

LISBON — Rough waters forced authorities on Wednesday to postpone a salvage operation for a ship packed with luxury cars that have been on fire for a week in the middle of the Atlantic Ocean, a port official said. With teams unable to board the Felicity Ace, heavy tug boats sprayed water to cool the vessel, which is carrying around 4,000 vehicles, including Porsches, Audis, Lamborghinis and Bentleys. Lamborghini of America CEO Andrea Baldi told Automotive News that there were dozens of pre-sold Lamborghinis aboard, mostly the Urus SUV. But also some Huracans and Aventadors, the latter of which have ceased production. The ship's 22 crew members were evacuated last Wednesday, the day the fire began. Some of the vehicles are electric, and their lithium-ion batteries have made the fire very difficult to extinguish, port officials have said. Joao Mendes Cabecas, the captain of the nearest port on the Azorean island of Faial, said the blaze had lost its intensity — probably because there was little left to burn. Salvage teams hoped to board the ship, which is is adrift around 170 km southwest of the Azores near Portugal, to assess its condition and start preparing it for towing, the Portuguese navy said in a statement on Tuesday. The navy took photos of the ship that showed a gaping hole at least four decks high, with burn marks running the length of the ship. It is unclear if the vessel will be towed to the Bahamas or Europe. Cabecas told Reuters bad weather prevented the team from boarding the ship. Waves as high as 2.5 meters battered the coast of Faial on Wednesday, Portugal's weather agency IPMA said. The salvage team was expected to be flown to the ship on a helicopter belonging to the Portuguese air force, which will decide on Thursday if the operation can proceed, Cabecas said. Ship manager Mitsui O.S.K. Lines Ltd (MOL) said in a statement on Tuesday the vessel was still on fire but stable, and that no oil leak had been reported so far. It did not respond to a Reuters request for comment on the cause of the fire. Insurance experts said the incident could result in losses of $155 million.   Weird Car News Audi Bentley Lamborghini Porsche

If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

'The Cannonball Run' Lamborghini Countach now on the National Historic Vehicle Register

Just a few months ago the National Historic Vehicle Register, which documents historically significant automobiles, added the "Back to the Future" Delorean to its ranks. Now another big-time '80s movie car joins the ranks: the 1979 Lamborghini Countach from "The Cannonball Run." And in case you hadn't guessed, the film is a comedy based on the Cannonball Baker Sea-To-Shining-Sea Memorial Trophy Dash cross-country rally that Brock Yates organized. Funny enough, the Countach isn't really the hero car. The film's main protagonists played by Burt Reynolds and Dom DeLuise drive a Dodge ambulance. But the Countach still got high billing and some key shots. Not only was it on the film poster, but it got the opening scene featuring its drivers, two women in close-fitting jumpsuits. Add in its own striking looks, and it's understandable that the Lamborghini stuck in many people's minds. According to the Register's organization, the Hagerty Driver's Foundation, the car was restored in 2009 back to film specification. The car really wasn't much different from a factory model save for its various antennae, auxiliary lights and oodles of exhaust tips. The interior apparently had to be redone in the film's tan, as it had been changed to maroon at some point in its life. It doesn't have too many miles on it either at just over 16,000, and it's had three owners. The Countach joins a wide array of other automobiles from films, motorsports and elsewhere. One of the other major movie cars is the original "Bullitt" Mustang. You can find the full list, here, and the Countach will be on display at the National Mall in Washington D.C. from Sept. 24 to Sept. 30. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.