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VW Group to split brands under four holding companies

The 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.

Lamborghini CEO says Urus brings lots of new customers from Russia and India

The new Lamborghini Urus might turn out to be a golden goose for Lamborghini. The twin-turbo V8 SUV is finding new customers for the Italian supercar manufacturer, and in an interview with CNBC, Lamborghini's CEO Stefano Domenicali says the reception for the $200,000 vehicle has been unexpectedly "fantastic." The outlook for Lamborghini's 2018 sales is projected at 5,000 cars, and the Urus could account for over a thousand of those. By 2020, Lamborghini would be building some 8,000 cars per year, and over a half of those would be Urus sales. Domenicali says that would be a point where Lamborghini would restrict its growth, as does rival Ferrari, to keep its supercar brand exclusive. The head of Lamborghini's Asia Pacific sales, Andrea Baldi also says the manufacturer will "always make sure" that demand for its cars is higher than the supply. If making SUVs turns out to be a success for Lamborghini, the key might be hidden in the nameplate of the Urus. It's indeed Russia that looks to be a fertile land for Urus sales, since it's a country with both demanding roads and demanding customers. Domenicali says Russian roads have made it hard to sell traditional Lamborghini products, but the SUV should find a strong customer base there. India is another significant new market for the Urus, for similar reasons. And as for the influx of new Lamborghini customers: a growing part of them are cryptocurrency investors. It looks like bitcoin bros will only accept a Lamborghini as the token of their newfound success. "These are young people that want to become very rich with a high-risk investment," said Domenicali. "And our customers are young as well, and very aspirational. They are not shy. So I think there is a connection." Related Video: News Source: CNBCImage Credit: AOL/Drew Phillips Lamborghini Crossover SUV Luxury Performance stefano domenicali

'SNL' car thief sketch shows saving the manuals can save your car

It's not news that the number of cars available with a manual transmission has dwindled, and a big reason for that is people just aren't learning how to drive them. Still, it's a worthwhile skill to pick up. Our number one reason would be because it's fun, but you never know when you might to need to do it in a pinch. Perhaps you'll have to drive a friend's old stick-shift car in an emergency, or maybe it's just a really cool car and they're giving you the chance to try it out. Or in the case of this Saturday Night Live sketch, maybe you're trying to steal a vintage Lamborghini. Yes, in the sketch titled "Car Heist," the stereotypical, "Gone in 60 Seconds"-style Hollywood break-in goes terribly awry when the wheelman is completely confounded by the three pedals and gated shifter of the target Lamborghini Diablo. And with two minutes to leave before the doors close again, his backer's attempts to teach him over the radio go about as well as you could expect, as he has to get his head around using both feet and having to learn what a clutch is. It's a situation that anyone that's learned to use a manual or has helped teach others to will find fun. I had an internship with Hagerty Insurance several years ago, and I helped with their program teaching young drivers how to drive stick with vintage and enthusiast cars. If I only had two minutes to teach someone to drive, and had to do it over the phone, I think things would've gone about as well. So give it a watch and have a little laugh. And then, if you haven't learned yet, find someone to teach you or at least watch the video below. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Humor TV/Movies Lamborghini manual transmissions saturday night live