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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:

Original Lamborghini Countach designer wants no association with 2021 remake

The designer of the groundbreaking 1974 Lamborghini Countach, Marcello Gandini, has issued a remarkable statement to the press regarding the recently released Countach LPI 800-4. In it, he repeatedly affirms that he had nothing to do with the revived Countach that Lamborghini revealed at Monterey Car Week on the occasion of the model's 50th anniversary. Gandini alleges that Lamborghini may have misled the public into thinking he had something to do with the Sian reskin, and he wants to make it clear that he had nothing to do with it. "The external public, seeing and reading what has been communicated by Automobili Lamborghini and consequently by the media during recent weeks, may be led into believing that Marcello Gandini was a part of, or was involved with, or the project may have had his blessing. It is therefore appropriate to clarify the facts and reiterate that he did not participate in, nor was he aware of the project in any way."   Rarely has a designer of Gandini's stature and repute so publicly refuted a company they've worked for. Though Gandini penned cars from the humble Renault 5 to the masterful E12 BMW 5 Series to the incredible Lancia Stratos, it is Lamborghini — where he was responsible for the legendary Miura, Espada, Marzal and Countach, among others — that Gandini is historically most closely associated with.  Some of the confusion Gandini references stems from a video published by Lamborghini earlier this year. In it, Gandini talks about his design philosophy (which, ironically, includes breaking new ground with every design) and current Lamborghini head of design Mitja Borkert presents Gandini with a scale model of the then-upcoming Countach LPI 800-4. The latter believes that his presence in the video equates to tacit approval of the new design. "Neither earlier, nor during the interview was it stated that the car was scheduled for limited series production. With the elegance and kindness that have always distinguished Marcello Gandini, when Mitja Borkert presented the scale model during the interview, the former did smile and acknowledge as would be customary to do so."   Gandini believed that the model was the end of it, but after Lamborghini pulled the wraps off of the LPI 800-4, he says he received "countless requests for clarification" from press and colleagues in the auto design field. He decided to issue the statement to make clear he had nothing to do with the remake.

The 2019 Lamborghini Urus, fastest SUV in the world, has landed

A Lamborghini has got to stand out from the crowd. In the supercar world, that means things like scissor-doors, massive wings, and almost impossibly wedge-shaped profiles. In the SUV world, standing out apparently means a dramatically descending roofline, a fascia with more cuts, contours, and creases than a bright yellow origami Pikachu. You certainly won't mistake the Lamborghini Urus for anything else on the road. That flavescent bodywork hides a 4.0-liter twin-turbocharged V8 sending a stout 641 horsepower and 627 pound-feet of torque through an 8-speed automatic transmission to all four wheels. It hits 62 mph in 3.6 seconds, and we anxiously await the first YouTube video showing an Urus lined up against a Jeep Grand Cherokee Trackhawk for ultimate SUV-acceleration bragging rights. With a top speed of 189.5 mph, Rambo Lambo Part Deux seemingly makes good use of all those aero bits to outrun the Trackhawk by a solid 10 mph, and the Bentley Bentayga by a razor-slim troika. The hi-po engine is backed up with standard carbon ceramic brakes, active roll control, and a torque vectoring rear differential. With all of these performance goodies employed, Lamborghini expects it to have a Nurburgring lap time that will break the Alfa Stelvio Quadrifoglio's outstanding 7:15 time. 2019 Lamborghini Urus View 11 Photos We can't imagine many owners taking an Urus off road, but Lamborghini cites the low-down torque of the turbocharged V8 as an off-pavement benefit. And, in addition to the expected modes of Strada, Sport, Corsa and Neve (a typically Italian stand-in for Snow), there are Terra (off-road) and Sabbia (sand) modes. Each sportier road mode lowers the air suspension, and the off-road modes raise the suspension for ground clearance. Rear-wheel steering based on the system from the Aventador S can change steering angle between positive and negative 3 degrees, and it is likely to come in handy no matter what kind of terrain you're traveling. Lamborghini has expanded its factory in Sant'Agata in order to ramp up production on the Urus, which, when it goes on sale in 2018 as a 2019 model with a pricetag of about $200,000, is expected to be the marque's bestseller. In fact, the Group are hoping that it will eventually double annual global sales, from 3500 to 7000. The SUV market is currently booming, and Lambo plans other variants of this model, including its first plug-in hybrid, so this seems within the realm of possible.