2021 Lamborghini Urus Sport Utility 4d on 2040-cars

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Florida Man accused of buying Lamborghini with coronavirus relief funds

We'll preface this by saying that when things work as they're meant to, we don't hear about them. When it comes to the Paycheck Protection Program, created as part of the CARES Act in March to provide loans to businesses to pay employees during the coronavirus lockdown, that means many jobs were saved but we also get stories of honest businesspeople unable to get loans or blackguards abusing the program. This story is the latter. David T. Hines, a 29-year-old Miami man with four businesses, applied for PPP funds in May. He received about $3.9 million in loans, and blew about $500,000 of that before the government began investigating and his bank froze his accounts. Instead of applying for loans to cover monthly expenditures of about $200,000 among his four moving-related companies, the feds say, Hines' four applications through Bank of America claimed combined monthly expenses of $4 million to pay 70 employees. BofA approved three of the four submissions. After the government made its first of three planned deposits of $3,984,557 into Hines' Bank of America account, Hines continued requesting more money, authorities say, ultimately seeking $13.54 million.  The spending began almost immediately after the PPP disbursement. As far as the government could tell by going through Hines' records, none of the money was spent on employees who "either did not exist or earned a fraction of what Hines claimed in his PPP applications.” Instead, officials say, Hines picked up a blue Lamborghini Huracan Evo for $318,497. He paid a person he listed as "Mom" $60,000. Saks Fifth Avenue got another $4,000. In June, $8,500 went to the Graff jewelry boutique, and $7,000 went to Miami's Setai hotel. The disbursement problem has arisen because the Small Business Administration that backs the PPP loans doesn't verify the claims in the applications, according to Assistant U.S. Attorney Michael Berger. How did Hines get caught, then? He got into a hit-and-run accident in his blue Lamborghini in July, and Miami police impounded the car. That eventually attracted investigation from no less than six governmental departments: the FDIC-OIG, USPIS, IRS-CI, the SBA-OIG, the Board of Governors of the Federal Reserve System, and the Bureau of Consumer Financial Protection-OIG. The U.S.

Lamborghini Invencible and Autentica are brand's final NA V12 cars

A few months ago, we wrote that the final production units of the Lamborghini Aventador Ultimae represented the end of the reign of the naturally aspirated V12 in Sant'Agata Bolognese, and the last Aventador Ultimae meant the end of an NA V12 Aventador. Seems we were mistaken. Lamborghini now tells us these two one-offs are the proper and (maybe) final end of the NA V12. Created for a customer who worked with Lamborghini Centro Stile from inception, the duo are the Invencible (the Spanish spelling of "Invincible") coupe and Autentica roadster. They're not only farewells, they are greatest-hits compilations said to combine design features from the Reventon from 2008, the Sesto Elemento from 2010, the Veneno from 2013, and the 830-horsepower Essenza SCV12 track-only coupe from 2020. Lamborghini didn't mention the Sian FKP 37, but the headlights are a match, and the side vents are a mix between the Sian and the Sesto Elemento.   Both are based on the Aventador's carbon fiber tub, and both feature a 6.5-liter V12 making 769 horsepower and 531 pound-feet of torque. The Invencible wears carbon fiber panels in Rosso Efesto, which is Hephaestus Red, Hephaestus being the Greek god of things like fire and volcanoes. The paint's accented with carbon-look elements that glint with red flakes, brake calipers in Rosso Mars, and pure carbon. The hexagonal Tricolore on the door fits in with numerous other six-sided elements like the DRLs, three-part taillights, and exhaust. A tidy, angular swan-neck wing hovers over the rear fascia, its stanchions anchored beside the backlight.    Inside is a mix of Rosso Alala leather, Nero Cosmus Alcantara, and contrast stitching in Rosso Alala and Nero Ade. Rosso Efesto is used on the steering wheel and for the shift paddles. Designers removed the Aventador's infotainment screen, moving all readouts to the digital gauge display and leaving twin hexagonal vents to dominate the open space over a pocket trimmed in red. The Autentica roadster is painted in Grigio Titans with details in Giallo Auge (Yellow Peak) and Matte Black. Instead of the Invencible's rear wing, a pair of fins highlighted by a yellow line channel air over the rear spoiler. Inside, occupants sit on Nero Ade leather and Giallo Taurus stitching, and can ogle two-tone Nero Cosmus and Grigio Octans Alcantara. This is really it for the V12. We think.

Weekly Recap: Lamborghini to build SUV

Finally, Lamborghini will build a sport utility vehicle. The Italian supercar maker confirmed this week that it will launch a luxury SUV in 2018. It will be built at Lamborghini's soon-to-expand factory in Sant'Agata Bolognese in Italy, and will double the company's current sales volume. Lamborghini did not announce a name for the vehicle or other details, but noted a concept version, the Urus, was displayed at the Beijing motor show in 2012. It will be sold around the world, but it's expected to be a critical offering in the United States, China, and the Middle East. The automaker projects the SUV will sell about 3,000 units per year, and it will be the third product in Lamborghini's portfolio. It currently sells the Huracan and Aventador supercars. "The introduction of a third model line endorses the stable and sustainable growth of the company and signifies for us the beginning of a new era," Lamborghini chief executive Stephan Winkelmann said in a statement. The project is also a boon for Italy, which will get 500 new jobs in the Emilia Romagna region as Lamborghini's factory will nearly double in size. Ian Fletcher, principal analyst for IHS Automotive, said the SUV will position Lamborghini for future growth. "It could well also bring new customers to the brand [who] may find the dramatic styling of Lamborghini products appealing, but find its typical sports cars restrictive," he said. "If it is a success, the SUV could be a catalyst to Lamborghini broadening its portfolio further." OTHER NEWS & NOTES GM invests in Chevy Camaro factory General Motors is investing $175 million to upgrade its factory in Lansing, MI, to build the 2016 Chevy Camaro. The investment will pay for new tooling and equipment. The improvements include three new paint systems and two new robotic framers. GM will add a second shift at the factory to build the Camaro, resulting in 500 jobs. The automaker had dropped the plant to one shift last year amid slow sales for its products, the Cadillac ATS and CTS. GM is spending $5.4 billion over the next three years to upgrade its US facilities. Last week, GM announced plans to spend $439 million to build a new paint shop for the Chevy Corvette. While the Camaro and Corvette plant improvements are intriguing to enthusiasts, GM also confirmed this week that it is investing $1.2 billion in its Fort Wayne (IN) factory that builds trucks.