Lamborghini Gallardo Lp550-2 Coupe 2013 on 2040-cars

Auto blog

Audi reportedly shoots down $9.2 billion investor bid for Lamborghini

Volkswagen is open to divesting some of the brands in its portfolio, but it hasn't put a "for sale" sign on in front of Lamborghini's lawn yet. The firm allegedly shot down a big offer for the brand from a group of investors. Quantum Group SA, a newly-established holding company based in Zurich, Switzerland, made the non-binding offer in May 2021, according to anonymous sources who spoke to WardsAuto. The publication adds the group is ready to spend 7.5 billion euros (around $9.2 billion at the current conversion rate) to buy the entire Lamborghini division from Audi. The sale would include the brand, its intellectual property (like its trademarks and patents), its historic factory in Sant'Agata Bolognese, and its racing division. Full details about the proposed acquisition were closely examined by top Volkswagen executives, including company CEO Herbert Diess and Audi boss Markus Duesmann. While the offer sounds like it's neatly packaged, Volkswagen replied that it's not having a garage sale. "Lamborghini is not for sale. This is not the subject of any discussion within the group," a company spokesperson told industry trade journal Automotive News. These comments are in line with the ones made in December 2020. Quantum's aim wasn't to sever all ties with Volkswagen. It planned to turn Lamborghini into "a spearhead for innovation by consistently implementing new clean drivetrain technologies" across the range, a strategy that's already in the pipeline; Lamborghini announced it will electrify in the 2020s and launch its first series-produced EV. Investors also hoped to sign a five-year supply agreement with Audi, and to create what they called an Advanced Automotive Innovation Center headquartered somewhere in Lower Saxony, the German state Wolfsburg is in. In late 2020, when rumors about an imminent Lamborghini spin-off were rampant, Volkswagen stressed it had no plans to sell the Italian supercar manufacturer or to find a new home for Ducati, which Lamborghini owns. Unverified reports claim a chunk of the company could be listed on the stock market in a bid to raise revenue, however. Bugatti is another part of the Volkswagen empire that Diess and his team allegedly wanted to trade in to fund the group's pivot towards electric powertrains. In September 2020, reports claimed top executives had approved swapping the storied French carmaker and its assets for a significant stake in Croatia-based Rimac that would be transferred directly to Porsche.

2023 Lamborghini Urus Performante revealed: less weight, more power

The name and design of the Pikes Peak record-setting Lamborghini Urus have finally been revealed. The 2023 Lamborghini Urus Performante is the new range-topper featuring aerodynamic improvements, lighter weight, new suspension and a dash of extra power for good measure. Together, the improvements make it the best performing Urus yet. The design changes are subtle, but noticeable, which is ironic for what's arguably the least subtle SUV on the market. The front bumper, hood and rear bumper have all been redesigned and feature more carbon fiber. The hood has an air extractor, too. A new front splitter and a rear wing have been added. The fenders have been widened, too to accommodate wider wheels and tires. Overall, downforce has been increased by 8%, and though no number was given, Lamborghini says drag has actually been decreased. Lamborghini also made some  Weight has been decreased by a sizable 104 pounds in total. The increased use of carbon fiber parts is part of that equation, and another part is the standard Akrapovic titanium exhaust system. The Urus Performante drops the standard SUV's air suspension for fixed steel springs that have a stiffer spring rate and lower the SUV. It still has electronically adjustable shocks, four-wheel steering, rear torque vectoring and multiple drive modes. Tuning on all of these have been updated for the Performante, and a Rally mode has been added for tail-happy dirt driving. Horsepower from the twin-turbo V8 is slightly increased, as well, to 657 horsepower (or a hellacious 666 CV in European units) and 627 pound-feet of torque. All of these changes allow the Urus Performante to get to 62 mph in 3.3 seconds, an improvement of 0.3 over the regular model. Its top speed remains at 190 mph. So it's slightly slower to 60 mph than a Porsche Cayenne Turbo GT, but has a higher top speed. And of course, it holds the Pikes Peak record for a production SUV at 10 minutes 32.064 seconds. The previous record holder was the Bentley Bentayga Speed with a 10-minute 49.902-second time. Lamborghini will begin delivering Urus Performantes by the end of the year. Pricing without destination starts at $260,676. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Phony Fauxrrari and Shamborghini replicas seized in Brazil

A shop in the state of Santa Catarina in Brazil has been raided and shut down by police after it was discovered that it was turning out shoddy replica supercars. The Fauxrrari and Shamborghini (we borrowed the latter clever term from the Associated Press) copies themselves look impressively detailed considering that they were reportedly coming out of a father-son operation, but the engineering, underpinnings and powertrains are surely a wee bit shy of what's flowing out of the real factories in Italy. According to the Folha de Sao Paulo newspaper, one replica was powered by the engine from a Chevrolet Omega, which we knew at one time in the U.S. as the Cadillac Catera. Scrolling through the image gallery above, though, we see at least one Ferrari knock-off that appears to have a bright red intake manifold behind the passenger compartment, so who knows? Police reported that the replicas were being offered on unknown social media channels for between $45,000 and $60,000. Needless to say, that's nowhere near the price of a real Ferrari or Lamborghini. And this isn't the first (and likely, not the last) time this has happened, either. According to the AP, the raid was conducted after at least one of the Italian marques tipped off authorities. Eight vehicles in various states of completion were found, along with tools, molds and what looks to be a treasure trove of car parts. It's not clear how many finished vehicles may have rolled out of the shop, or how many may already be in the hands of buyers. The father and son duo who ran the operation have been arrested on industrial property charges.