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Chinese automaker readies a Lamborghini Urus fake

Do you love the absurd angular looks of the Lamborghini Urus, but don't have anywhere near the $200,000 needed to buy one? We have good news, then. A Chinese automaker is building a knockoff that costs about a tenth the price. Of course, you'll probably have to go to China to own and drive it. According to carnewschina.com, the vehicle in question comes from Huansu, one of several brands under major Chinese automaker BAIC. The company's name translates to "Magic Speed" according to the news outlet, as well as a Google translated version of PCAuto, a Chinese car news website. The model name is reportedly called C60, but it also has the name Hyosow on the back. It certainly hits the design on the head. Or at least 90 percent of the head. The silhouette of the grille is nearly identical, but it picks up a quartet of LED foglights on each side. The massive hexagons in the Lamborghini's grille are replaced with slats. The headlights are similar with individual LEDs, but the shape is much simpler. Continuing around the side, the Lambo's triangular fender vents have morphed into something that looks more like a shovel. The doppelganger lacks some of the sharp creases of the Italian car, and the resemblance really starts falling apart at the back. The large taillights of the Huansu have some of the angular lighting designs of the Lamborghini, but they aren't nearly as striking as the Lambo's narrow elements. There aren't any big vents, and the diffuser is far more boring on the Huansu. All that being said, though, this sucker is a blatant knockoff, regardless of how accurate it is or isn't. Despite a name like "Magic Speed," we don't expect this C60 Hyosow will have much of it, since it will reportedly have just a 2.0-liter turbocharged four-cylinder making 195 horsepower. At least it will be practical, housing between 5 and 7 people depending on how it's equipped. And of course, it's way cheaper. Converting Car News China's price estimate to U.S. dollars, the Huansu will only cost between $15,000 and $24,000. It may be a shameless knockoff, but we have to admit it probably isn't going to cost Lamborghini sales. People with Toyota Corolla money aren't on the verge of buying a supercar anytime soon. The official reveal of the SUV will be on June 6 at the Chongqing auto show, according to PCAuto. Related Video: News Source: China Car News, PCAuto Lamborghini Crossover SUV chinese copy

Lamborghini teasing 50th Anniversary model in video?

This new year is going to mark a lot of anniversaries in the automotive world, including the 60th year of the Chevrolet Corvette and 50 years since the introduction of the Porsche 911 and the Lamborghini brand. We already know Chevy is celebrating with the all-new C7 Corvette, and we've heard rumblings that Lamborghini might be planning a new model of its own.
Tucked in at the end of a great video highlighting the first 50 years of Lamborghini, there's a quick glance of a shadowy car with Gallardo-like headlights. There isn't much to go off of in this shot, but we do see that the front fenders are more squared-off than any other current model, meaning that it could very well be the 2014 replacement for the Gallardo.
Scroll down to watch Lamborghini's history (and possibly future) wrapped up quite nicely in a 72-second video.

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.