2011 - Lamborghini Gallardo on 2040-cars

Auto blog

VW, Mobileye to bring new automated tech to series production

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe's biggest carmaker said on Wednesday. Israeli automotive tech company Mobileye will provide driving assistance software based on its SuperVision and Chauffeur platforms to VW's luxury brands such as Audi, Bentley, Lamborghini and Porsche. The technologies, which later will be integrated by VW's software unit Cariad, include assistance systems for highway and urban driving, such as automated overtaking on multilane highways, automatic stopping at red lights and stop signs, and support in intersections and roundabouts. "New automated driving functions will significantly boost convenience and safety," VW Chief Executive Oliver Blume said. Mobileye is also set to supply further automated driving software to Volkswagen's commercial vehicles unit. In future, the German carmaker aims to rely on its own complete in-house software system. (Reporting by Christoph Steitz, writing by Andrey Sychev, Editing by Miranda Murray and Madeline Chambers)

Lamborghini has been developing an IPO strategy 'for a long time'

Porsche AG isn’t the only Volkswagen AG brand that has been quietly preparing for a potential initial public offering. Italian luxury-car maker Lamborghini has been developing a strategy how to present itself to stock-market investors since well before Volkswagen asked each of its brands to come up with virtual equity stories, according to the unitÂ’s Chief Executive Officer Stephan Winkelmann. “WeÂ’ve been working on this with other agencies in order to create clarity,” Winkelmann said. “As a brand, weÂ’ve done so for a long time, to show what worth, what value we have. Up until a little while ago, it wasnÂ’t so well known.” Porsche became EuropeÂ’s most valuable automaker last month, when its market capitalization overtook that of VW a week after its IPO in Frankfurt. The debut of the 911 maker was a bold move into public markets, which have been largely shut for most of the year. VW CEO Oliver Blume has said he sees the listing as a blueprint to unlock more value from the groupÂ’s brands that also include Audi and Bentley. “An IPO drill is exactly what you do to show the public how solid you are and what is in progress for the future,” Winkelmann said. “We have a clear story and strategy for that.” Audi, which oversees VWÂ’s premium brands, said last month there are no concrete plans for an IPO of Lamborghini. A previous push to potentially spin off the carmaker and motorcycle brand Ducati ran into opposition from labor leaders. Still, LamborghiniÂ’s recent profit gains -- including a 31.9% operating margin in the first half of this year -- make a solid case for a stock-market listing, said Michael Dean, an analyst at Bloomberg Intelligence. “An IPO is something that could potentially happen in the next 18 months, depending on market conditions,” Dean said. “A ˆ15 billion valuation is entirely justifiable and could be even higher, given the margin metrics.” LamborghiniÂ’s deliveries rose 8% to 7,430 vehicles in the first nine months of the year. Operating profit climbed 69% to ˆ570 million ($567 million). Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini teases Huracan Sterrato tackling terrain

Lamborghini may bring a hybrid Espada successor to market in 2025

Lamborghini's CEO Stefano Domenicali was recently interviewed by Automotive News. And in the interview, there are some tantalizing tidbits about future product plans. In particular, he talks a little about the company adding a fourth mainline car to its current lineup of Aventador, Huracan and Urus. Note, this probably wouldn't have any affect on a super-limited production model like the rumored hypercar based on the Terzo Millennio. The news outlet specifically asked if it would be a successor to the Espada grand touring car, and while doesn't explicitly say that it is, he does mention the importance of space and getting the right powertrain. So it sounds like it will be something at least more practical than the company's current supercars. Domenicali also noted that we won't be seeing this new fourth Lamborghini for a while. It's targeted to come out between 2025 and 2027. When asked about an electric variant, he said that the current plans are just for a plug-in hybrid version. He doesn't rule out the possibility of a full electric, but the company hasn't seen the demand quite yet for a full electric Lamborghini, and the company would want to work with Volkswagen to figure out how such a car would fit in with the larger corporation's plans and goals. That particular tidbit would be a sign the aforementioned hypercar won't feature an electric powertrain like the Terzo Millennio concept with which it supposedly shares its design. The other product information Domenicali talked about was related to hybrids. He again confirmed that the next Aventador and Huracan, or whatever the successors are called, will feature plug-in hybrid powertrains. The first will be a V12 plug-in for the Aventador replacement, and the Huracan replacement will have a V10 plug-in. The company is still working on a Urus plug-in hybrid, too. It has, however, had some problems getting the desired performance from test engines that have included twin-turbo V6s and a V8. You can read more about what's next for Lamborghini in the full Automotive News interview. Related Video: