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Audi reportedly shoots down $9.2 billion investor bid for Lamborghini
Wed, May 26 2021Volkswagen 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.
Road & Track goes inside Lamborghini's Sant'Agata engine factory
Sat, Mar 28 2015While it's fair to think that the Lamborghini factory in Sant'Agata Bolognese is a place where mustachioed Italian sorcerers weave spells into hypercars, the truth is sadly far less magical (although the results are just as impressive). Road & Track took a peek behind the curtain and toured the home of Lamborghini's engine works, where the 691-horsepower thumper from the Aventador is bolted together. Not only is it an interesting look inside the facility, R&T's host provides a great contrast with the current facility and its low-tech past.
Transformers: The Last Knight promises a Lamborghini Centenario and lots of explosions
Wed, Dec 7 2016The director of the Transformers series, Michael Bay, took to Twitter to reveal the trailer for the latest installment, Transformers: The Last Knight. Based on the trailer, it looks like the film will likely deliver everything Transformers fans of the series enjoy, including big explosions, big robots, and most interesting for us, cool cars. Although this particular trailer is a little light on the car action, careful examination reveals some nifty machines. There will be at least a few massive International trucks painted in drab military colors. We also spotted a new Mustang in police livery. The most exciting ride we spotted, though, is a Lamborghini Centenario – the $2.5 million limited-run supercar – tearing through what looks like London. Bumblebee also makes an appearance, though not in his custom Camaro form. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Speaking of Bumblebee, it looks like he, and pretty much everyone else in the film, is going to have a rough time. The trailer shows that Earth is without Optimus Prime now, and his body is shown floating through space. In the meantime, some object has come to Earth, and it appears to have started a fairly massive war between humanity and, we're guessing, the Decepticons. Optimus Prime does eventually return, but he seems to have become an enemy, and is fighting Bumblebee at the end of the trailer. However, the leader of the Autobots going bad is probably the least confusing part of the trailer, as it starts showing knights fighting a dragon, and then segues into clips of Nazi Germany, all before actually getting to the present day. We should get some answers when the film hits theaters on June 23, 2017. Related Video: News Source: Michael Bay / Twitter via VarietyImage Credit: Paramount Pictures / YouTube Celebrities TV/Movies Lamborghini Coupe Supercars Videos movie trailer lamborghini centenario