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Lamborghini Cabrera spotted, ready to fill Gallardo shoes

Facebook user Marchettino (already a minor YouTube celebrity for his supercars channel) spotted the successor to the Lamborghini Gallardo throne out and about on public streets and was kind enough to snap a few photos of the machine. Word has it that a concept car precursor to the newest supercar will bow at the upcoming Frankfurt Motor Show this September under the Cabrera name. As you've likely already heard, the model is said to ride on the second-generation Audi R8 platform, complete with a composite aluminum and carbon fiber construction to reduce weight as much as possible. How light will will the Cabrera be? Lamborghini is reportedly shooting for a curb weight of around 3,300 pounds.
Power will likely come from a massaged version of the 5.2-liter V10 in the current Gallardo. Expect around 600 horsepower and 400 pound-feet of torque.
The vehicle in these photos looks to have abandoned some of the Gallardo's angles in favor or more organic lines, though it's possible body cladding is hiding the car's true design. Murcielago SV-style sills and side air intakes serve up quite a bit of aggression and the quad exhaust looks properly menacing as well. We can't wait to see the finished product.

Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

The Lamborghini Terzo Millennio is a brutally fantastic EV supercar concept

Lamborghini isn't known for bowing to convention. Ever since Ferruccio told Enzo Ferrari where he could stick his temperamental cars, and decided to build his own, it's been going its own way. This car, the Terzo Millennio ("third millenium"), built in collaboration with MIT, is very much a Lamborghini approach to the EV performance car. To begin with, it is obviously nothing else but a Lamborghini. Wild concept car touches aside, it's as wedgy and mean as anything to come out of Sant'Agata (and definitely anything to come out of Cambridge, MA!). There's some advanced tech here, too, as you might imagine with MIT's involvement. The most notable is the supercapacitor energy storage technology. Supercapacitors aren't ready for primetime yet, being very expensive and not quite as energy dense, although currently they're used in a few niche automotive applications. But MIT and Lamborghini want to produce one that'll work more like a main battery, but with greater ability to recharge and discharge quickly. That's ideal for brutal, explosive acceleration. If Lamborghini and MIT can make a breakthrough here, it'd let the decidedly conventional Lamborghinis of today (naturally aspirated, non-electrified) take a leap into the future on Lamborghini's own terms. The company is also exploring carbon composite batteries utilizing nanotechnology, which the company claims would reduce weight and increase the discharge capacity of the batteries. So, it seems, the Terzo Millennio might combine the two power storage technologies into the same drivetrain. Of course, like most modern Lamborghinis there's all-wheel drive, although it's in-wheel electric motor-based rather than the conventional mechanical type. It'd be easy enough to leave off the front motors for a Performante variant, perhaps. Or maybe in-wheel electric motors become the norm in the future. It's too early to tell; for now, this concept is AWD. The body is carbon fiber, and this concept previews some technology that can detect degradation in the carbon fiber early and potentially repair it with something called "nano-channels" utilizing a form of the technology that allows carbon composite materials to store energy. This technology deserves more explanation than we have room for here, and we'll get a deep dive on it as soon as we can. Lastly, Lamborghini wants a vehicle like the Terzo Millennio to sound like a Lamborghini. That won't be easy, since there's no V12 or V10 to be found.