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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.

Lamborghini rules out sub-Huracan sports car

There is a kind-of-new segment emerging in the sports car market: an area in between vehicles like the Porsche 911 Carrera and supercars like the Ferrari 488 GTB or Lamborghini Huracan. It's a space recently defined by the Audi R8 and Porsche 911 Turbo, with some newcomers rushing in. McLaren joined in with the 570S and Ferrari is tipped to be looking at a new six-cylinder Dino revival. But Lamborghini isn't in any rush participate. At least not for now, and not with a completely new model. Speaking with Car and Driver during the New York Auto Show, Lamborghini chief Stephan Winkelmann said you can "never say never" about anything in this business, but that the prospect a more accessible sports car underneath the Huracan is not currently on the table. Winkelmann pointed towards pricing and volume considerations, but we imagine there's more to it than that. The Volkswagen Group of which Lamborghini is part already tackles that segment with the aforementioned Audi R8 and Porsche 911 Turbo, and while the German giant has never shied away from flooding a market segment with overlap from its various divisions, the R8 and the Huracan are already closely related. The Lambo chief did hint that decontented versions of the Huracan could fit the bill, though. Sant'Agata's ten-cylinder model currently starts at $237,250, but the previous Gallardo started at $191,900 before it was phased out. That was for the less powerful, rear-drive LP 550-2, which could hint at a successor under the Huracan's umbrella. And that's just $7k more than McLaren will be asking for the 570S. Aside from the prospect of a cheaper Lambo, Winkelmann also told C/D that the Asterion hybrid concept was strictly a technological demonstrator with no chances of production, that the Urus crossover project is still on the table, and that the supercar market isn't growing as fast as you might think. Related Video:

Lamborghini gives us a peek at its racing arm's next standalone car

Lamborghini's racing division, Squadra Corse, is preparing to unveil its second standalone model. It published a short video that gives us a visual and audible peek at the car, which looks like an evolution of the Huracan. We're not quite sure what the second Squadra Corse car is powered by, and we have no idea what it's called, but we can already tell it will look more menacing than any of Lamborghini's regular-production models. Posted on YouTube, the 32-second video shows enough of the track-bound coupe to whet our appetite. It's considerably wider than the Huracan, much lower, and fitted with a specific body kit that includes vents chiseled into the quarter panels, a huge wing, and an intriguing periscope that presumably channels cooling air to the engine bay. The silhouette and the proportions hint at the Huracan underpinnings, though nothing is official yet and a majority of the exterior parts look newly-developed. The bigger Aventador is near the end of its life cycle, its successor is expected to break cover in the next 12 months, and it already received the Squadra Corse treatment in 2018. Squadra Corse's involvement suggests we're looking at a Lamborghini developed exclusively for track use, and footage of the interior supports this theory. Instead of an instrument cluster, the driver will face a screen that presents key information about the car and its surroundings with a simple, easy-to-read layout. There's a full roll cage, too, and the side windows have been replaced with Plexiglas units to keep weight in check. Lamborghini hasn't announced when it will unveil its Squadra Corse's next new model, but the unveiling will almost certainly take place online. We're guessing production will be strictly limited, and it's not too far-fetched to speculate every build slot will be spoken for by the time we see the car in the metal in spite of a six- or seven-digit price tag. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.