2020 Lamborghini Urus on 2040-cars

Auto blog

Lamborghini-powered Vector M12 supercar is ultra rare, obscure, and for sale

It's an excellent week for fans of obscure American supercars that never really took off. One of the seven Falcon F7s built is currently being auctioned on Cars & Bids, and one of the 14 Vector M12s made will cross the auction block during Barrett-Jackson's Scottsdale sale taking place in March 2021. Better yet, it's offered with no reserve. Finished in black with a gorgeous red leather interior, this M12 was designed and built for the Prince of Brunei, according to Barrett-Jackson boss Craig Jackson. High-end cars that end up in Brunei rarely leave the microstate. The Sultan's collection allegedly includes more than 7,000 luxurious vehicles that are almost never shown to the public, yet this M12 somehow returned to the United States and found its way into the Larry Winkler collection. Although it has traveled around the world, this M12 has evidently been driven sparingly. Its odometer shows merely 2,160 miles, and they're claimed to be original. Barrett-Jackson also points out that it received a major, engine-out service in November 2019 during which the clutch was replaced and an upgraded ceramic flywheel was installed. Interestingly, the interior was also redesigned to make it easier for taller drivers to take the wheel. Power comes from a 5.7-liter V12 engine borrowed from none other than the Lamborghini Diablo. It develops 492 horsepower and 425 pound-feet of torque, and it spins the rear wheels via a five-speed manual transmission built by ZF. Vector pegged the M12's zero-to-60-mph time at 4.5 seconds, an impressive number in the 1990s. In comparison, the standard Diablo's zero-to-60-mph time hovered around four and a half seconds, too. M12s rarely trade hands, and they're not cheap when they do. When this example crosses the auction block in March 2021, the market will decide what it's worth, because there's no reserve. The highest bidder will take it home, regardless of where bidding stops. If you want a shot at adding it to your collection, you can register to bid online. Auto News Lamborghini Coupe Performance Supercars Classics

Mexico to auction Lamborghini, other seized assets to help poor

MEXICO CITY — Mexico's government will auction a Lamborghini, homes and other assets seized from gangsters and at least one former politician, officials said on Tuesday, part of a "Robin Hood" program to use millions of dollars in ill-gotten gains to aid the poor. The first auction, set for Sunday, will seek bids for 77 vehicles with a total starting price of around $1.5 million, Ricardo Rodriguez, head of the newly created Institute to Return Stolen Goods to the People, said at a news conference. "Before, this worked like a reverse Robin Hood ... taking from the people and giving to the corrupt. Not anymore," Rodriguez said. The proceeds will go to two municipalities in the southern state of Oaxaca, which President Andres Manuel Lopez Obrador said are among the poorest in the country. The vehicles up for auction include Porsches, Corvettes, Mercedes-Benzes, a Mustang convertible and a 2007 Lamborghini Murcielago. A 2017 report by the Organisation for Economic Cooperation and Development noted that recent studies estimated Mexico lost between 5% and 9% of its gross domestic product (GDP) to corruption annually. Since taking office in December, Lopez Obrador, a leftist, has rolled out a string of welfare programs for the poor and the elderly, cut salaries for top civil servants and said he is saving public money by eliminating corruption. He announced plans for a "Robin Hood" institute in April. The Mexican president, who has shunned the often luxurious trappings of the country's wealthy elites and was known to drive through the capital in a modest white Volkswagen Jetta, added that two cars and an ambulance donated by the King of Jordan will go to the National Guard, a new security force. One of the auctions will seek to sell three homes worth at least $7 million, including one with an indoor pool in an upscale Mexico City neighborhood. The money will go towards a youth drug rehabilitation program. Proceeds from another auction of jewelry seized from organized crime groups will go to communities in the mountains of Guerrero state, where many families struggle to eke out a living by growing opium poppies. Not all the assets come from drug lords. Rodriguez said one of the homes up for auction belonged to a former politician. Reporting by Daina Beth Solomon.

Lambo Urus to stay true to concept, but almost didn't happen

Lamborghini has been making noise about adding a third model line for years, and it's finally going to happen now that the Urus concept has been approved for production. It'll likely be a while yet before all the details are sorted out and revealed to the public, but while visiting the factory in Sant'Agata Bolognese, Autoblog was able to glean some intriguing details about the Italian automaker's forthcoming crossover and its path it is taking from concept to production. "It's good to have heritage, but the LM002 is not the reference or the blueprint." - Lamborghini CEO Stephan Winkelmann We first saw the Urus concept back in 2012, and Lamborghini has been lobbying its parent company Volkswagen ever since for the go-ahead to put it into production. Now three years later, it finally has the green light. A company representative told Autoblog the production version looks "very" close to the concept. (No ground-up redesign here, then, like sister-brand Bentley did with its inaugural crossover project.) Speaking with a small group of journalists in Sant'Agata, the company's chief executive Stephan Winkelmann confirmed that "the SUV could be the [company's] first car with a turbo, and it could be the first car with a plug-in, if we have the opportunity to have more than one engine." The Urus (or however it's ultimately labeled for production) will also be decidedly geared towards on-road performance – unlike the Rambo Lambo on display in the museum next door. "It's good to have heritage," said Winkelmann, "but the LM002 is not the reference or the blueprint" for the new model. As to the question of why it has taken three years to get approval, and why it will take another three to put it into production, Winkelmann was frank: "Basically if you look at our numbers, we are a company which is growing at a fast pace, but we are very small," said the affable executive. "We had to find a way to almost double our efforts, because it's not the exchange of a model line, with the Gallardo and Huracan, it's adding a model line. And not out of 20 to come to 21 models, but from two to three is a major effort, and you have to have a rock-solid business case." "Putting 500 more people inside a company which is now at 1,200, you can imagine what it means. Doubling almost the size of the area here where we are sitting today. Investing hundreds and hundreds of millions.