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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

2015 Lamborghini Huracan is getting twin-turbo Chevy power for SEMA

Lamborghini purists avert your eyes, we have yet another LS swap on our hands. The crew behind the YouTube channel B is for Build is bringing a 2015 Lamborghini Huracan to the 2019 SEMA show. But it's not just a case of someone doing an LS swap to troll the world, nor is it just a basic LS. According to a press release from turbocharger manufacturer Garrett, which will host the Chevy-powered Lambo, the car was an engine-less wreck having been in a fire. So B is for Build team is rescuing a Lamborghini that would have otherwise been scrapped, not tearing apart an otherwise fine car. The engine that's going in isn't just a junkyard LS V8, either. It's a 7.0-liter example from a company called Texas Speed. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.   The team is also adding a pair of turbochargers, and according to the YouTube channel, it should make 1,500 horsepower at the wheels. That's in Koenigsegg and Bugatti territory. Making it all the sweeter is the fact the engine will be bolted up to a six-speed manual transmission, which came from an Audi R8. It looks like they'll even retain the sweet gated shifter the R8 had. You can check out how the build is going at the B is for Build YouTube channel. We've also embedded the latest video in which they start this twin-turbo monster for the first time. Jump to 10:54 to get straight into the successful start-ups.

Lamborghini Urus recalled due to a fire risk

The Lamborghini Urus is being recalled due to a potential fire risk. Documents submitted on the National Highway Traffic Safety Administration’s website say the defect is due to the “integrity of the quick connector of the fuel line located in the engine compartment.” The connector may become compromised, which could result in fuel leakage. Of course, where there is fuel leakage, there is also the risk of a fire starting in the engine bay. How does this quick connector become compromised, you ask? Lamborghini provides this as an explanation: “In rare instances high engine compartment temperatures subject the quick connectors to temperatures above the design operating specification limit. These elevated temperatures can lead to the quick connect material softening which could potentially result in a fuel leak.” If you happen to own a Urus, the first sign of an issue will be a fuel odor in the engine compartment. Lamborghini said it became aware of the issue after Porsche AG identified it in 2019, and itÂ’s been tracking field vehicles ever since. In July this year, Lamborghini said it started to receive complaints from customers, which prompted a second investigation done by Lamborghini. There are a total of 2,831 Urus being recalled, spanning model years 2019-2020. All of those vehicles will need to go to the dealer for a newly designed fuel line quick connector. Lamborghini says the labor time is only one hour, so you wonÂ’t be without your Urus for long. All work will be taken care of free of charge. Owners should expect a notification on or before December 18 if their car is affected. Related video: Featured Gallery 2020 Lamborghini Urus View 39 Photos Recalls Lamborghini Safety Crossover Luxury Performance