2005 Lamborghini Gallardo on 2040-cars

Auto blog

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 Huracan Super Trofeo gets teaser trailer before Pebble Beach debut

Lamborghini first tipped us to the coming arrival of its race-ready Huracán Super Trofeo, with this dark-and-camouflaged teaser image a few weeks back. Slated to replace the venerable Gallardo Super Trofeo in the brand's one-make series, the Huracán flavored for racing duty should result in a faster field.
However, before the new Super Trofeo car debuts on host circuits for the North American, European and Asian iterations of the series, it'll get a share of the spotlight at Pebble Beach. Lamborghini is scheduled to pull the wrapper off its new racecar at The Quail on August 15 - an event we're sure to be in attendance for.
Until then, we can offer up one more pulse-pounding teaser of the new Huracán, in the form of a new official video. The Super Trofeo Lamborghini is still wearing its under cover uniform in this bit, and the camera darts from focus to blur with irritating regularity, but you'll get the idea.

World's Best Dad invites Lamborghini owners to son's birthday party

The resulting unalloyed joy, as you'll see in the footage below, is priceless.
One of my defining moments as a budding car enthusiast came the first time I got to see a Lamborghini up close. I was out in Los Angeles visiting a relative with my mother and sister, and I took the change of scenery as an opportunity to look for more exotic cars than my middle-class Midwestern upbringing would usually encounter. We were on a walk, when off in the distance I saw - and heard - something extraordinary: An early '80s Lamborghini Countach, black with those bronze five-hole wheels, pulling into a parking spot. My mom still takes great joy in periodically retelling the events of that day, and as the story goes, I joyfully took off without warning, chasing the car down the street shouting "Lamborghini!" "Lamborghini!!" in my best eight-year-old Italian accent.