Lamborghini: Gallardo Lp560-4 Coupe 2-door on 2040-cars

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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Lamborghini sets sales record of more than 10,000 vehicles

MILAN — Italian luxury sports carmaker Lamborghini sold over 10,000 vehicles last year for the first time, its Chairman and Chief Executive Stephan Winkelmann said on Tuesday. "I am so incredibly proud to announce that we have reached another historic milestone," he said on Linkedin. Supported by the success of its Urus SUV, which now costs over 230,000 euros ($250,000), Lamborghini has in recent years expanded its output, relying on solid demand from wealthy car lovers. The carmaker, a subsidiary of Germany's Volkswagen, delivered a total of 10,112 sports cars and SUVs last year, up from over 9,200 vehicles in 2022, a slide attached to Winkelmann's post showed. Rival Ferrari, which will release 2023 data later this year, including those on car sales, shipped more than 13,200 cars in 2022. Europe, the Middle East and Africa (EMEA) was the region that saw the biggest increase in deliveries for Lamborghini last year, with a 14% rise to nearly 4,000 vehicles, the slide showed. Sales in the America region rose 9% to 3,465, while they grew 4% in the Asia Pacific region to 2,660. Lamborghini's range also includes two super-sports cars, the Huracan 10-cylinder and the Revuelto 12-cylinder, its first plug-in hybrid model, which was presented last year. The line-up is set to become all hybrid in the course of 2024, with the new Urus and a new car replacing the Huracan. Related video: Lamborghini

This is the fully uncovered Lamborghini Huracan Performante

We already knew that the Lamborghini Huracan Performante is absurdly quick at the Nurburgring, where the company claims it lapped the track faster than the Porsche 918 Spyder. Now Lamborghini has released specifications and photos of the car. It seems a little more power, active aerodynamics, and other fine tuning turned the Huracan into a track monster. Immediately apparent from the outside are the new aerodynamic devices and molded carbon fiber pieces. The latter include the hood over the engine, front and rear spoilers, the rear bumper, and the rear diffuser. Together, they help the Performante lose about 88 pounds compared to the standard Huracan. The front and rear spoilers also have fancy electrically-actuated flaps to adjust aerodynamics. At the front, a pair of flaps rest on the top side of the front spoiler, and at the back, two air channels can be opened or closed to change airflow at the rear wing, optimize downforce, or reduce drag. The rear flaps can also be opened and closed separately for the left and right. According to Lamborghini, they can be used to increase downforce on one side of the car to counteract the affects of load transfer in corners. For example, if the car was turning left, and the body began rolling to the right, the flaps could be set so that downforce increases on the left, keeping the car flatter in the corner. Lamborghini has also improved almost every other mechanical part of the car. The V10 now makes 640 horsepower and about 443 lb-ft of torque. The suspension has stiffer springs and anti-roll bars combined with either the standard, conventional shocks, or optional magnetorheological shocks. Power is sent to all four wheels, all four of which are forged and available in two different designs. They're shod in the buyers choice of Pirelli P Zero Corsas, or barely street-legal Trofeo Rs. Altogether, these changes allow the Performante to reach 62 mph in 2.9 seconds and hit a top speed of about 202 mph. Finally, this Huracan Performante is appropriately wild looking. The giant wing, massive exhaust tips, and Italian colors along the door all make this Lamborghini visually outlandish. The interior also receives exposed molded carbon fiber throughout to make sure its occupants never forget this is a fast, hardcore Lambo. It should also help justify the Performante's $274,390 pricetag, if the 'Ring time isn't enough. The first cars will arrive to customers this summer. Related Video: This content is hosted by a third party.