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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.

Weekly Recap: Geneva's splendor reflects growing demand for ultra-luxury cars

Geneva is one of the most glittering auto shows in the world, but the list of high-powered and bespoke luxury cars was decadent this year even by the rich standards of the Swiss exhibition. It's great for enthusiasts to revel in the flame-throwing Aston Martin Vulcan, the racing-inspired elegance of the Bentley EXP 10 Speed 6 concept and the insane performance of the Lamborghini Aventador LP 750-4 Superveloce, but there's a reason for all of this opulence: the luxury market is big business. And it's growing. IHS Automotive forecasts that so-called ultra-premium sales will nearly triple this decade from 123,000 to 353,000 units around the world. The estimate includes brands like Aston Martin, Bentley, Ferrari and Rolls-Royce, but doesn't count BMW, Mercedes and Audi, which offer less expensive models in addition to their high-end flagships. Though IHS includes Porsche and its relatively large volume in the study, the ultra-premium segment is still set grow at about the same rate, even without the German automaker's figures. So what is propelling all of this growth in the most expensive segment of the auto industry? Put simply, there's more rich people. IHS Automotive principal analyst Tim Urquhart pointed to economic expansion in China, market recovery in the United States and a surge in the lucrative technology sector as contributing factors. This dovetails with a research report by UK-based Oxfam, an international relief organization, which found the world's richest one-percent owned 48 percent of global wealth in 2014, and it's expected to increase to more than 50 percent by 2016. View 17 Photos Carmakers are moving quickly to capitalize with new products, expanding their portfolios with low-volume speedsters like the 800-hp V12 Vulcan at Geneva, and plans to enter new segments, like Rolls-Royce's strategy to make an SUV. "Ultra-premium carmakers are looking to explore ways of growing their product offerings, and thus their bottom lines, in this most potentially profitable of segments," Urquhart wrote in a report on the Geneva show. In a nutshell, there are more choices for people with more money. It's a good time to have expensive taste. Other News & Notes 2016 Mazda MX-5 Miata production launches It won't be long now. The 2016 Mazda MX-5 Miata arrives later this year, and it's officially in production. Mazda announced this week that the roadster began rolling off the assembly line at its Ujina factory in Hiroshima, Japan.

Lamborghini Aventador SVJ teased at Nurburgring

We've been seeing prototypes and hearing reports about a hopped-up version of the Lamborghini Aventador, but only now have we seen something official from the company. It's officially called the Lamborghini Aventador SVJ, and the company teased it in the above trailer of the car at the Nurburgring. It gives us our best look yet, and some tidbits about what we'll hear next about the car. Let's first address the looks. The front fascia has been revised with a much deeper chin and a big wing splitting the main air intakes in the front. The side skirts are wider with end caps at the forward sections behind the front wheels. Those wheels have motorsport-style single center nuts. In one of the trailer's clips, we can see they're wrapped in Pirelli P Zero Trofeo R tires. It also has the outrageous rear wing we've seen in spy shots, and the exhaust also sits high up like on the Huracan Performante. Finally, while not necessarily part of the looks, we get a look at the instrument cluster that reveals this Aventador has a redline of roughly 9,000 rpm. The other part of the trailer to address is the location. The whole trailer takes place at the Nurburgring, and there's usually only one reason to make a big deal about that: lap times. Lamborghini already proved it can make some wickedly fast track cars with the Huracan Performante, a car that laps the infamous track faster than any other Lamborghini (so far) and faster than even the Porsche 918 Spyder. We expect the Performante's left-right split active aerodynamic system will appear on this car. Add to it much more power from the V12, and we have a potential 'Ring monster. Rumors even suggest the Aventador SVJ will have a lap time of around 6 minutes, 45 seconds, faster than the 911 GT2 RS. The SVJ will probably be much lighter than other Aventadors, too. The Twitter post that features the trailer says something slightly ambiguous about having "the best weight to power ratio." We assume that means the best of any Lamborghini. Since this is a teaser, we're expecting to see a more full-fledged video in the near future, hopefully with at least lap time, if no other specifications. Also, the fact that Lamborghini is showing this much of the car now is a sign that a full reveal can't be far away. The Paris Auto Show would be a natural location since it's early this fall. Stay tuned for more in the near future. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences.