2007 Lamborghini Gallardo Spyder For $1139 A Month With $25,000 Down on 2040-cars

Auto blog

VW pulls Lamborghini and Bentley from the Paris Motor Show

It's been slightly more than a year since the news that Volkswagen had intentionally cheated on diesel emissions testing broke. Since then, the company's reputation and image have suffered and it has struggled to regain its footing and composure. The automaker is shelling out billions in fines, so cost cutting is inevitable. Today, Reuters reports that Volkswagen subsidiaries Lamborghini and Bentley won't bring their elaborate displays to the Paris Motor Show next week. Auto shows can cost automakers millions of dollars, especially for supercar and luxury car brands that constantly try to compete and one-up with each other. Much of the money and fanfare goes to catering the media, and if an automaker has nothing new to reveal it can be difficult to justify the expense. The company told Reuters that it plans to attend smaller events that focus more on potential buyers. The Volkswagen group as a whole has shifted it's focus, both when it comes to products and auto shows like Paris. Next week, the automaker will be focusing on electric vehicles and electromobility. The company plans to reveal a new EV with 373 miles of range, eclipsing both the Tesla Model 3 and Chevy Bolt. Volkswagen has plans for 30 new electric vehicles by 2025. Lamborghini and Bentley aren't the only major automakers skipping Paris. Ford, Volvo, and Aston Martin have all decided to save money and focus their efforts elsewhere. Related Video:

Weekly Recap: Lamborghini to build SUV

Finally, Lamborghini will build a sport utility vehicle. The Italian supercar maker confirmed this week that it will launch a luxury SUV in 2018. It will be built at Lamborghini's soon-to-expand factory in Sant'Agata Bolognese in Italy, and will double the company's current sales volume. Lamborghini did not announce a name for the vehicle or other details, but noted a concept version, the Urus, was displayed at the Beijing motor show in 2012. It will be sold around the world, but it's expected to be a critical offering in the United States, China, and the Middle East. The automaker projects the SUV will sell about 3,000 units per year, and it will be the third product in Lamborghini's portfolio. It currently sells the Huracan and Aventador supercars. "The introduction of a third model line endorses the stable and sustainable growth of the company and signifies for us the beginning of a new era," Lamborghini chief executive Stephan Winkelmann said in a statement. The project is also a boon for Italy, which will get 500 new jobs in the Emilia Romagna region as Lamborghini's factory will nearly double in size. Ian Fletcher, principal analyst for IHS Automotive, said the SUV will position Lamborghini for future growth. "It could well also bring new customers to the brand [who] may find the dramatic styling of Lamborghini products appealing, but find its typical sports cars restrictive," he said. "If it is a success, the SUV could be a catalyst to Lamborghini broadening its portfolio further." OTHER NEWS & NOTES GM invests in Chevy Camaro factory General Motors is investing $175 million to upgrade its factory in Lansing, MI, to build the 2016 Chevy Camaro. The investment will pay for new tooling and equipment. The improvements include three new paint systems and two new robotic framers. GM will add a second shift at the factory to build the Camaro, resulting in 500 jobs. The automaker had dropped the plant to one shift last year amid slow sales for its products, the Cadillac ATS and CTS. GM is spending $5.4 billion over the next three years to upgrade its US facilities. Last week, GM announced plans to spend $439 million to build a new paint shop for the Chevy Corvette. While the Camaro and Corvette plant improvements are intriguing to enthusiasts, GM also confirmed this week that it is investing $1.2 billion in its Fort Wayne (IN) factory that builds trucks.

Lamborghini yacht by Tecnomar is 4,000-hp tribute to the Lambo Sian FKP 37

Lamborghini is no stranger to the boating industry, it developed a pair of marine engines in the 1980s, but it has never made its own boat. It took a step toward the world of yachts when it teamed with Italian firm Tecnomar to design a high-performance vessel inspired by the limited-edition Sian FKP 37 introduced in 2019. It's quick, rare, and head-turning, and it was deemed worth of wearing the company's Raging Bull emblem on its bow. Tecnomar (a boatmaker owned by The Italian Sea Group) worked directly with Lamborghini's Centro Stile to inject some of the design DNA that characterizes Sant'Agata's supercars into a yacht. The end result stands out with a strikingly rakish silhouette, Y-shaped LED lights on the front part of the hull, and hexagonal glass on both sides. They draw a visual link between the yacht and Marcello Gandini-designed cars such as the Miura and the Countach. Settling into the captain's chair feels a lot like slipping behind the wheel of a modern-day Lamborghini, except you're sitting taller, you're floating on water, and there's a lot more space around you. In lieu of an old-fashioned wooden helm, Tecnomar installed a three-spoke steering wheel that looks a lot like the unit Lamborghini currently puts in its cars. It even has a 12-o'clock mark, which seems more than a little superfluous when you're motorboating. Digital gauges display vital information about the boat and its surroundings, including navigation data, and the throttle levers are reminiscent of the drive mode selectors found on the center console of the Urus.     Buttons lifted straight out of the Lamborghini parts bin are used to start the engines -- and, yes, that's plural. While the Sian is the company's first production-bound hybrid model, there is nothing electrified about its water-going sibling. Power comes from a pair of V12 engines built by MAN and each rated at 2,000 horsepower. Performance specifications haven't been released yet, but it sounds like the yacht needs a 4,000-horse punch because it's 63 feet long and it weighs about 53,000 pounds. It's relatively light all things considered thanks in part to the use of carbon fiber in its construction, and it falls in the ultra-lightweight boat category. Tecnomar expects to deliver the first boats in early 2021. It capped production at 63 units globally, and it priced each one at $3 million before options are factored in.