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Aventador sales drive record revenue at Lamborghini

Let it never be said that there isn't money to be made selling high-end exotic sports cars. Last month Ferrari revealed that it had recorded record profits despite selling fewer vehicles than the year before. Now arch-rival Lamborghini has reported record revenue.
For the 2013 fiscal year, Lamborghini has announced that its revenue has increased for the third year straight - rising from 469 million euros last year (just short of $650 million at today's rates) to a record 508 million euros (over $703 million). Lamborghini reports that it has reinvested 20 percent of that turnover back into R&D.
The increased revenues come despite having discontinued its top-selling model, the Gallardo, which wound up its ten-year production run back in November to make way for the new Huracán. The increased revenues came from a higher proportion of Aventadors sold, a rise of 9 percent from 922 units in 2012 to 1,001 in 2013, representing a record for V12 models sold in the company's history and a waiting list of 12 months for a new Aventador.

Autoblog Minute: New Civic, FCA UAW Agreement, Frankfurt

FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. Autoblog senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute. Show full video transcript text [00:00:00] FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. I'm senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. FCA reached a tentative labor agreement with UAW leadership. The major focus of the new deal reportedly includes: the eventual elimination of the two-tier pay scale [00:00:30] and pooling worker health care. Now that a leadership agreement is in place, the deal will be sent to FCA's rank-and-file. FCA has about 36,000 hourly employees. We got a first look at the interior and exterior of the 10th-generation Civic. Honda expects the new sedan to dominate the C-segment when it hits dealerships later this fall. Civic coupe, five-door hatchback, Si and Type R will all come later. The 2015 Frankfurt Motor Show is in the books and there was a lot of news to get excited about. [00:01:00] Porsche introduced a fully electric concept car in the Mission E. If they make this car, Porsche could give Tesla nightmares. We also saw SUVs from Jaguar and Bentley. There were two beautiful Italian convertibles from Ferrari and Lamborghini. Meanwhile, Mercedes introduced a concept of their own in the IAA - a vehicle that experiments with adaptable aerodynamics. Those are the highlights from the week that was. Be sure to check out my full recap this Saturday. Plus we'll have some added insight on General Motors' deal to [00:01:30] avoid federal prosecution. For Autoblog, I'm Greg Migliore. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. UAW/Unions Frankfurt Motor Show Bentley Chrysler Ferrari Honda Jaguar Lamborghini Mercedes-Benz Porsche Rolls-Royce Tesla Convertible SUV Concept Cars Electric Supercars Autoblog Minute Videos Original Video porsche mission e concept

Lamborghini Huracan replacement reportedly gets twin-turbo V8

Lamborghini is planning on electrifying its entire lineup by the end of the 2020s. One of the hybrid models in the pipeline is a supercar that will replace the popular Huracan. Its name hasn't been revealed yet, but an unverified report allegedly outlines what it will be powered by. Without citing sources, Motor Trend wrote that the Huracan's successor will downsize from a naturally-aspirated V10 to a twin-turbocharged V8. If true, that's a big deal: Lamborghini has proudly eschewed forced induction for its line of supercars, and the only turbocharged member of its lineup is the Urus SUV. The eight-cylinder will reportedly be related to the unit that powers the Urus, but the two engines won't be identical. Motor Trend learned that the turbos will be programmed to spool up between 7,000 and 10,000 rpm, which is high in the rev range. An electric motor installed between the V8 and the transmission will add a hybrid component to the drivetrain, though figures such as horsepower and torque haven't been published. An earlier report pegs the total output at 850 horsepower, but it's not official. We also don't know if the car will be a standard hybrid or if it will get a plug-in system, and whether it will use mechanical or through-the-road all-wheel-drive. Motor Trend believes that the model will be longer than the Huracan to accommodate the electrified parts of the powertrain, however, and we're curious to find out how Lamborghini will offset the hybrid system's mass. The battery pack and the motor will inevitably add weight. Lamborghini hasn't commented on the rumor, and it hasn't revealed what will power the Huracan's successor. In fact, it's not done with the Huracan: the final road-going version of the car is due out by the end of 2022 as a hot-rodded off-roader (we're not kidding!) called Sterrato. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.