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VW pulls Lamborghini and Bentley from the Paris Motor Show
Tue, Sep 20 2016It'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:
Lamborghini builds 20,000th Huracan, looks back on eight years of production
Fri, Apr 22 2022Lamborghini is celebrating a significant milestone: It has built 20,000 examples of the Huracan, its entry-level supercar. While that number might not sound impressive, it cements the V10-powered Huracan's positioning as the Italian firm's best-selling supercar by a wide margin. Finished in an eye-catching color called Grigio Acheso Matte, the 20,000th Huracan is an STO model that was built for an anonymous buyer in Monaco, so you won't find it basking under the spotlights in Lamborghini's official museum. Reaching the 20,000-unit mark also gives the Raging Bull the opportunity to look back on an eight-year-long production run. As of writing, 71% of Huracan buyers have chosen the coupe while 29% have selected the Spyder. The model's main market is the United States; that's where 32% of examples built have been sent. Lamborghini has gone to significant lengths to keep the Huracan fresh and competitive since it started building the model in 2014. An updated variant called EVO was released for 2020; it's available with rear- or all-wheel drive, and the aforementioned STO joined the lineup shortly after to bridge the gap between the production model and the cars that Lamborghini builds for various racing series around the world. The range grew again in 2022 with the unveiling of the Huracan Tecnica, which offers a 631-horsepower V10 engine and rear-wheel drive. Keep in mind that the Huracan remains a niche model made by a small company that used to be even smaller; building 20,000 cars is an impressive feat. Lamborghini manufactured an average of 250 cars annually during the first four decades of its existence. Precisely 1,999 units of the Countach, one of the Raging Bull's most emblematic models, were built during a production run that lasted for 17 years. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2021 Lamborghini Huracan STO hitting the track
VW Group to split brands under four holding companies
Tue, Jun 16 2015The Volkswagen Group is planning a tremendous shift in its internal structure that will decentralize operations by splitting its 12 brands into four different holding companies. Here's the breakdown. Things will be split logically, considering the inter-sharing of parts, platforms, and engines. The Volkswagen brand, Seat, and Skoda make up a passenger vehicle division led by former BMW man Herbert Diess. Audi, which is tightly intertwined with Lamborghini and motorcycle manufacturer Ducati, will be managed by current Audi exec Rupert Stadler. Porsche and Bentley, which are already quite close, will be joined by Bugatti and run by Matthias Mueller. Finally, a commercial vehicles division will include Volkswagen Commercial, Scania, and Man. Former Daimler exec Andreas Renschler will take care of the big vehicles. The massive move, according to Automotive News Europe, is part of an internal VAG effort to move away from the structure established by ousted Chairman Ferdinand Piech, who favored a compact, but highly centralized, management structure to oversee the independent actions of the company's brands. Criticism of Piech's arrangement stemmed from the company's slow responses to changes in the market, ANE reports. The new structure should make for a more efficient, streamlined company that's better able to make crucial decisions. What are your thoughts? Should VAG decentralize, or did Piech have the right idea? Have your say in Comments.

