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Italy to offer Lamborghini 100 million euros to build Urus

The Lamborghini Urus' prospects for production may have just received the impetus they need as the Italian government is preparing to offer significant incentives to produce the high-end SUV in the country. According to a report from Bloomberg, Prime Minister Matteo Renzi's government is prepared to extend as much as 100 million euros (approximately $112 million) – but not in cash. That'd be a bit much for the borderline bankrupt national government. Instead the motivation is reportedly being offered in the form of tax breaks and other such incentives. In exchange, Lamborghini would pledge to hire 300 new workers to build the crossover. The Urus, for those who may not recall, was a crossover concept which Lamborghini presented way back at the 2012 Beijing Auto Show. We caught a closed-door glimpse of it in New York shortly before its debut and saw it again in Monterey the following summer. Ever since, the Bolognese automaker has been petitioning its patrons at Audi and Volkswagen to give it the green light, but the Germans have been dragging their feet at the prospect of investing the necessary capital to pull it off. Lamborghini is reportedly hoping to get a final decision next month, and the government incentives could help it make the business case to its parent company. While the Italy's terms would require final assembly to take place in that country, much of the work could end up being done at the same plant in Bratislava, Slovakia, where the Volkswagen Touareg, Audi Q7, and Porsche Cayenne are built. Bentley is expected to undertake a similar process for its new Bentayga, with assembly to be finalized in the UK. Related Video: Featured Gallery Lamborghini Urus Concept: Monterey 2012 View 10 Photos News Source: BloombergImage Credit: Copyright 2015 Drew Phillips / AOL Earnings/Financials Government/Legal Plants/Manufacturing Lamborghini Crossover Performance tax incentives

Lamborghini has built more Huracans in 5 years than it did Gallardos in 10

Production numbers can be pointless without some sort of context that validates the information. For instance, 14,022 cars built in five years sounds like nothing, but when it's added that those 14,022 units are Lamborghini Huracans, it's more impressive. That specific number is significant because it matches the number of Lamborghini Gallardos produced during its 10-year run, even though the Huracan has only existed for 5 years. Lamborghini has been doing extremely well as of late. Year-over-year sales rose for the eighth consecutive year in 2018, and the Urus SUV is bringing in gobs of new customers. Reportedly, the company might even cap its production for 2020 at 8,000 units in order to maintain a certain level of exclusivity. At the core of the company's identity is the V10-powered Huracan. In the first half of 2019, the Huracan accounted for roughly 26 percent of the 4,553 cars sold, a number that represents a 96-percent increase compared to the same time period in 2018. Since it first debuted as a coupe for 2014, the Huracan line has expanded quite a bit with numerous different styles and performance levels. There's the rear-wheel drive model, the Performante, the EVO, and Spyder variants. The 14,022nd car built is a Huracan EVO coupe wearing a Grigio Titans paint scheme, and it's headed to a customer in Korea. There's no reason to believe Lamborghini demand will slow. The Urus has quickly become a cash-cow in a crossover-hungry market, and the possibility of an electric 2+2 as a fourth model could boost the brand even more.

Bentley, Lamborghini consider foreign production [w/poll]

Would a Bentley be a Bentley if it weren't manufactured in Great Britain? Would a Lamborghini be a Lamborghini if it were built outside of Italy? It may be hard to say either way, but we might find out sooner than later, because the latest word coming in from Europe is that the Volkswagen Group is considering expanding production for both these upscale brands outside their traditional homes.
According to the Autovisie section of Dutch newspaper De Telegraaf, the issue for both automakers comes down to their ambitious expansion programs. Both Bentley and Lamborghini plan to launch new SUVs - the former's being well under way, the latter's still awaiting approval - that would expand their annual production considerably: by 50 percent in Bentley's case, and by as much as 100 percent in Lamborghini's.
For now, both marques intend to handle the added production with additional assembly lines at their current facilities in Crewe and Sant'Agata Bolognese, respectively. But both could soon outgrow their relatively small plants - and with the Volkswagen Group operating countless factories across Europe and around the world, it wouldn't be hard to see these manufacturers shifting excess production outside of their home countries.