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Rare U.S.-spec 1990 Lamborghini LM002 fetches $467,000 at auction

A rare "Rambo Lambo," an American-spec 1990 LM002 that was Lamborghini's first SUV and arguably the first high-performance sport utility, has sold at auction in New York for $467,000. RM Sotheby's says the luxury ute, which has 19,153 miles on the odometer, underwent a comprehensive five-year mechanical and cosmetic restoration and was originally priced at $158,000 when it arrived in the U.S. through a Florida port of entry. The auction sale price is more than twice the cost of the new Urus, the sleek new crossover that Lamborghini unveiled earlier this week. The LM002 traces its lineage to the Cheetah, a rear-engine-mounted 4x4 that Lamborghini made with an American defense contractor for the U.S. Army, which did not reward the automaker with a contract. It was Lamborghini's first production SUV, based on the Cheetah's basic engineering, and it added luxurious wood and leather to the interior, a spacious cargo area and the 5.2-liter Countach V12 engine that took it from 0-60 in 7.7 seconds. Only 301 examples were ever made between 1986 and 1993, with just 48 of them built to the LM/American specs and delivered to the U.S. Sotheby's notes that the exotic car market of the early '90s "was in full flourish thanks to a new generation of millionaires and billionaires seeking the ever-greater 'toy' — and nothing was bigger or better than the LM002." It boasts a massive 76-gallon fuel tank, and the model that just sold was equipped with specially designed Pirelli Scorpion run-flat tires. Jay Leno took an LM002 of the same model year for a spin two years ago on an episode of "Jay Leno's Garage." The restoration effort was valued at $325,000 and covered the Countach engine, new exhaust and a full, new interior, adding an Alpine stereo head unit and integrated Bluetooth to bring things up to modern speed. It also features the rare rear cargo toolbox, tonneau cover, and correct LM/American floor mats and chrome bumpers. The owner also got correct tools, keys, books, jack, full receipts and photographic documentation of the restoration process, plus two OEM ECU computer units.Related Video:

Lamborghini Urus prototype spied lapping the Nurburgring

The Lamborghini Urus is coming on December 4, just days after the end of the 2017 Los Angeles Auto Show. The Italian automaker's first SUV has been in development for years, but things are finally coming to a climax. Crossovers are hot, so we wouldn't be surprised at all if the Urus becomes Lamborghini's best-selling model. As such it needs to look, sound and drive like a vehicle worth of the charging bull badge. Thanks to YouTube channel Stateside Super Cars, we have some new video of the new Lambo lapping the Nurburgring. The Urus will be powered by a 4.0-liter twin-turbo V8 making 650 horsepower. This is likely to be a hopped-up version of Audi's 4.0-liter twin-turbo V8. In fact, you can see a new Audi A8 with that engine lapping the 'Ring just behind the Urus prototype. The video gives us a small taste of the exhaust note, giving a deep low burble with a few cracks and pops on lift-off. The 'ute is still covered with a wrap, but you can make out the basic appearance. It doesn't look too far off the concept we saw a few years ago, with an aggressive roofline and a distinctly Lamborghini front fascia. Look for full details in just over a month. Related Video:

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.