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Lamborghini caps 2020 production at 8,000 to preserve cachet, resale values

Lamborghini chairman and CEO Stefano Domenicali told Car Advice that the Sant'Agata Bolognese automaker will cap production at 8,000 cars in 2020. Even though the cap doesn't take effect for a year, it has caught us by surprise — we didn't realize just how well Lamborghini is doing. In 2010, Lamborghini sold 1,302 cars worldwide, while its rival in Modena sold 6,461 units. Last year, Lamborghini broke all of its records on the way to a 51 percent sales increase and 5,750 cars delivered. The cap maintains two post-sale hallmarks required to fuel Lamborghini's new-car sales: exclusivity and resale values. Ferrari has led the way with public declarations of voluntary caps to maintain brand cachet, and Lamborghini's happy to shadow that leader. Domenicali, an ex-Ferrari man, didn't miss an opportunity to put the running bull's nose ahead of the prancing horse's in his comments, though. He told the Australian publication, "I can also say that for us, Ferrari has always been a reference ... as well as others in the super sports car segment, but we have already achieved higher residual values for our cars, especially with some of our older models." The boss marked out half the 2020 allotment for the Urus, two-thirds of the remainder for the Huracan, and the rest for the Aventador. We expect any 2020 cap to apply only to 2020, though. If Lamborghini can hustle a 40 percent increase in deliveries this year — 2,300 more units, and that's not outside the realm of possibility since this is the first full year of Urus sales — then in 2019 the carmaker will exceed the 2020 cap by 50 units. In such case, shrinking supply next year would help sustain the lather of acolytes, as well as copy another page from Ferrari's handbook. In 2013, then-Ferrari CEO Luca Montezemolo held production to under 7,000 units, after building 7,318 cars in 2012. In 2014, then-Ferrari CEO Sergio Marchionne said he'd stick to the "willful and intended" 7,000-unit cap. But when Ferrari announces its 2018 results soon, we expect uncapped shipments to exceed 9,000 units. Other upward pressures on Lamborghini's sales would be the success of the Huracan GT3 EVO, which won the GTD class in the weekend's Rolex 24 at Daytona, a year after the Huracan GT3 won in 2018. Lamborghini Squadra Corse has built more than 200 customer racers, and no one would rule out a few more orders phoned in on Monday.

Ferrari LaFerrari Spider reportedly debuts privately

If the Porsche 918 Spyder didn't fulfill your dream of open top motoring in a hybrid hypercar, look for Ferrari to publicly debut a topless version of the LaFerrari (standard version above) in the near future. The Facebook page for Automotive Passion (D. Benoit) asserts the LaFerrari Spider is finally on the way and backs up the claim with a photo of a carbon-fiber box that bears the vehicle's sharp silhouette (below). Motor1 claims that Ferrari plans to build 150 to 200 examples of the LaFerrari Spider, which is less than half of the 499 coupes, and customers already snapped them all up. The Prancing Horse is reportedly charging a hefty premium over the hardtop's $1.4-million price tag for the droptop. Given the coupe's sales success, we are surprised Ferrari didn't take the LaFerrari's roof off even sooner, and rumors about the Spider go back to at least 2014. The removable top might add a few pounds, but the 949-horsepower 6.3-liter hybrid V12 should still be plenty to hustle the hypercar around. Ferrari debuted the LaFerrari Spider at a private event, according to Motor1. Showing the hypercar suggests development in nearing completion, so expect a public debut and official info sometime this year. Ferrari is bringing out LaFerrari Spider!© Private #laferrari #spider #laferrarispider #ferrari Posted by Automotive Passion (D. Benoit) on Friday, March 4, 2016 Related Video:

Jay Leno gets five of Ferrari's greatest hits together for an epic track day

America's favorite car guy, Jay Leno, isn't a huge fan of Ferrari. But even he can't stop from gushing over five of Ferrari's greatest cars. Thanks to David Lee, a Ferrari collector and watch dealer, Leno got to drive a Ferrari LaFerrari around a track with the Enzo, F50, F40, and 288 GTO close behind. The short five-minute clip has Leno driving conservatively behind the wheel of the LaFerrari and cautiously enjoying the supercar's 950-horsepower hybrid powertrain. Lee brings up the rear of the Ferrari train in his 288 GTO, while his brothers took the other three Italian supercars onto the track for a leisurely drive. Lee, who is an avid Ferrari collector that brought Leno his 1967 275 GTB4 to drive earlier this year, drives these Ferraris regularly and is extremely passionate about the brand. Despite not being one of Ferrari's biggest fans, Leno has nothing but good things to say about the LaFerrari. The five Ferraris are some of the most sought-after vehicles of all time, and for good reason. The supercars represent the best that Ferrari could do at each of those moments in time. Though it looks like Leno and Lee are going painstakingly slow, they're surrounded by an estimated value of $12 million worth of Italian metal. With a new season of Jay Leno's Garage set to premiere tomorrow at 10 p.m. Eastern Time on CNBC, we're expecting more more footage from this Ferrari fest. Related Video: News Source: Jay Leno's GarageImage Credit: Jay Leno's Garage / YouTube Celebrities Ferrari Coupe Hybrid Lightweight Vehicles Racing Vehicles Performance Supercars Classics Videos Jay Lenos Garage ferrari laferrari ferrari f40