2004 Lamborghini Murcielago E-gear Grigio Antares With Loc Stage 2 Exhaust on 2040-cars

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Volkswagen decides to keep Lamborghini and Ducati, transfers Bentley to Audi

Investors in the market for a high-end Italian manufacturer that peddles performance will need to keep looking. Volkswagen announced it will hang on to Lamborghini and Ducati in the foreseeable future. Executives in Wolfsburg, Germany, are making far-reaching changes to the Volkswagen Group to reboot it with a big focus on technology. Credible rumors claimed that the people in charge of the carmaker wanted to carve out Lamborghini — which owns Ducati — and ultimately list it, or at least a chunk of it, on the stock market in order to fast-track the group's electrification strategy. Going electric is expensive, so selling Lamborghini would have helped fund the expansion, and high-octane supercars don't easily go hand-in-hand with zero-emissions cars. "Volkswagen needs to change from a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering to a digital company that reliably operates millions of mobility devices worldwide," summed up Herbert Diess, the group's boss, during a September 2020 meeting. His team ultimately decided not to fully divest both brands. It's too early to tell whether part of Lamborghini will be listed on the stock market, as some insiders have suggested, or if those plans are off the table, too. Changes are coming to Bentley as well. While it's not being spun off either, it will fall under the Audi umbrella starting on March 1, 2021. Volkswagen explained linking the two companies will "allow for synergies to be achieved as part of the electrification strategy of the two premium brands," a statement which suggests they will share a growing number of components during the 2020s. Unverified rumors claim that Bentley will notably get its own version of an ultra-luxurious electric SUV code-named Landjet that Audi is currently developing. We've reached out to Bentley for more details, and we'll update this story if we learn more. Bugatti's future wasn't mentioned in the release; unconfirmed reports suggest it will be traded for a stake in Croatian start-up Rimac. Volkswagen's supervisory board also reaffirmed its support for Diess, who was appointed CEO in 2018 and who has played a significant role in the company's transformation. Finally, the board approved the development of what a statement refers to a future leading electric vehicle sold by the Volkswagen brand that will be developed and manufactured in Wolfsburg.

Volkswagen Group names Paefgen head of classics program

You may remember the name Franz-Josef Paefgen. Until recently, the German engineer and executive was head of both Bentley and Bugatti. Before that he was chief executive of Audi, after working for several years at Ford. He technically "retired" earlier this year, but like the cars he helped create, an executive like Paefgen could never really retire. So it should come as little surprise that the Volkswagen Group has named Dr. Paefgen head of its Classic program.
In his new capacity, Paefgen will oversee the historic automobile activities of the entire VW Group, including those of Volkswagen, Seat, Skoda, Audi, Lamborghini, and of course Bentley and Bugatti. It strikes us as a suitable semi-retirement for the man responsible in no small part for the Bugatti Veyron and Bentley Mulsanne, to name just two, and who was decorated in 2006 by the ACO as the "Spirit of Le Mans" for his contribution to endurance racing. Read the official announcement after the break.

Lamborghini prototype's exhaust suggests Aventador Performante is in the works

Lamborghini made waves with the introduction of its Huracan Performante, and more specifically, its stunning Nurburgring lap time that challenged million-dollar hypercars. Now, based on these new spy shots, it seems Lamborghini will build upon the success of the Huracan with a Performante version of the bigger, more powerful Aventador. Although the early roadster and later coupe look stock, they feature an exhaust that gives away what's under the skin. At the back, we can see the standard center-exit exhaust used on every normal Aventador, and even the previous top-tier Aventador, the SV. But above that is a strange metal box with slats and a pair of circles cut out. This box appears to hide the car's real exhaust. And if that's the case, they're positioned in the very same location as on the smaller Huracan Performante. Using the Huracan Performante as a model, we expect the Aventador version will make more horsepower than the regular Aventador S. The Huracan Performante made 28 more horsepower than the standard all-wheel-drive version, so we wouldn't be surprised to see just as much of an increase for the Aventador, which would put it at about 770 horsepower. The Aventador Performante will also likely use the Huracan's fancy active aerodynamics that can adjust downforce on the left and right sides independently in corners, and naturally there will be a giant wing at the back. Another interesting thing to note about these prototypes is the use of both a coupe and a roadster. We've seen a nearly production-ready Huracan Performante Spyder out testing, so it wouldn't be out of the question for Lamborghini to do the same for the Aventador. But it's surprising to see Lamborghini testing one this early when we only ever saw Huracan prototypes in coupe guise ahead of the coupe's full reveal. Related Video: Featured Gallery Lamborghini Aventador Performante Spy Shots View 15 Photos Image Credit: CarPix Spy Photos Lamborghini Convertible Coupe Future Vehicles Supercars