2001 Audi Tt Quattro 250hp Turbo 6 Speed Convertible 2-door 1.8l on 2040-cars

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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

Audi considers a rugged SUV — maybe on the Scout platform

Audi engineers are formulating plans to possibly build a “super saloon” luxury off-roader SUV in 2027, It would compete in a segment that now includes the Land Rover Defender and Mercedes-Benz G-Class, according to a report in BritainÂ’s Autocar. According to Audi designer Marc Lichte, quoted in the story, the platform for the new model could be borrowed from the Volkswagen GroupÂ’s recently announced sister brand, Scout Motors, which is currently developing electric-powered concepts and prototypes. While Audi has developed a PPE (Premium Platform Electric) architecture for its base EV lineup, that would be replaced in the planned model with ScoutÂ’s ladder chassis to provide the steep departure angles and ground clearance needed to negotiate tough terrain, as well as with the latest generation of AudiÂ’s Quattro four-wheel-drive technology, Autocar reports. Audi is well into development of its Activesphere project, an enticing design blend of coupe and hatchback. The Activesphere uses PPE, co-developed by Audi and Porsche, and will appear in a production Audi product by the end of this year. Audi says. Beyond that, “I think there is space" for a rugged SUV in AudiÂ’s passenger car lineup,  Lichte said. “There is potential because there are only two premium players” in this particular segment" (Mercedes-Benz and Land Rover) “and I think there is a space for a third one.” The upscale Defender was by far Land RoverÂ’s best-selling car last year, with 66,805 sold, and the G-Class set a new sales record the previous year with 41,174 moved worldwide. Audi obviously would like to capitalize on this popularity of the rugged 4x4 segment. The proposed competitor, said Lichte, “will not look like a G-Class and it will not look like a Defender, I can promise you. It will be something else."

Electric 1960 Auto Union 1000S has vintage looks, modern power

If you want to buy a classic car but somehow feel a twinge of guilt about the old engine polluting too much, then it's worth taking a look at this 1960 Auto Union 1000S on eBay Motors. The owner removed the original three-cylinder, two-stroke and installed a fully electric powertrain. In place of the internal combustion engine, there's an Azure Dynamics three-phase AC24 motor to spin the front wheels, and it even has regenerative braking. Lithium-ion batteries replace the rear seat and extend into the trunk to supply 21.5 kWh of energy storage. The seller claims the Auto Union weighs 2,400 pounds, so the powertrain might be rather lively in such a light car. From the outside, this Auto Union is immaculate. The owner's body-off restoration includes powder coating the chassis and suspension and repainting the exterior in Ascot Grey with the white roof. The color scheme looks perfect on cars of this era. The interior now has a digital instrument cluster in the center of the dash. We could see this change upsetting some purists because of the clash between original and modern. However, the reupholstered fabric seats look amazing. The owner has covered 15,000 miles since the restoration, so any powertrain bugs have been worked out in that time. As of this writing, the bidding is at $15,100 with 28 bids and the reserve is not yet met. The auction ends Sunday, April 10. While the seller provides great photos with the sale, you can see the EV in motion below in a video Audi created about it in 2014.