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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 Huracan Evo RWD gets a range of modifications from Novitec

Lamborghini sees its rear-wheel-drive Huracan Evo as a masterpiece. German tuner Novitec views it as a blank canvas. It announced a panoply of interior, exterior and chassis parts developed specifically for the model. Novitec isn't intimidated by the Raging Bull's tail-wagging rear-wheel-drive coupe. It has tuned a long list of exotic cars, including the McLaren Senna and Ferrari's limited-edition SP1 and SP2 models. Its updates normally tilt toward the subtle side of the scale (we suggest calling Mansory if you're after pure extravagance), and its Huracan is no exception. It looks tamer than the factory-built, race car-inspired STO model introduced in November 2020. Carbon fiber add-ons give the coupe a more muscular look, and Novitec claims they also improve the aerodynamic profile. Side skirts lower the Huracan's ground clearance while channeling more cooling air to the rear brakes, for example. Out back, a redesigned wing increases puts more downforce on the rear axle than the factory unit. Not all of the updates are cosmetic. Novitec offers a set of lowering sport springs developed specifically for the rear-wheel-drive variant of the Huracan (whose front end is lighter than the all-wheel-drive model's). Alternatively, it joined forces with KW to design an aluminum coilover suspension system built with racing technology. Users who choose this option can dial in one of 13 compression and rebound profiles in the low- and high-speed ranges. Novitec did not modify the Huracan's naturally-aspirated, 5.2-liter V10 engine, which makes 610 horsepower and 413 pound-feet of torque. However, its catalog of parts includes a high-performance exhaust system available in stainless steel or in Inconel, a lighter material often found in Formula One cars. Both can be plated in .999 gold for better heat dissipation. Different exhaust tips (including some made with carbon) are on the menu, too. Emblems, wheel spacers, and what Novitec calls a virtually unlimited range of upholstery colors and materials round out the list of personalization options available. Pricing largely depends on the scope of the modifications requested. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Dad Invites Lamborghini Owners To Son's Birthday Party

The resulting unalloyed joy, as you'll see in the footage below, is priceless. One of my defining moments as a budding car enthusiast came the first time I got to see a Lamborghini up close. I was out in Los Angeles visiting a relative with my mother and sister, and I took the change of scenery as an opportunity to look for more exotic cars than my middle-class Midwestern upbringing would usually encounter. We were on a walk, when off in the distance I saw – and heard – something extraordinary: An early '80s Lamborghini Countach, black with those bronze five-hole wheels, pulling into a parking spot. My mom still takes great joy in periodically retelling the events of that day, and as the story goes, I joyfully took off without warning, chasing the car down the street shouting "Lamborghini!" "Lamborghini!!" in my best eight-year-old Italian accent. I must've still been adorable, because the owner not only let me sit in his car, scissor door open and ridiculous grin on my face, he left me playing around in its interior, nonchalantly telling me to shut the door when I was done. Just like that, he left, disappearing into a shop across the street. I can't tell you how long I sat in the car, or how many photos I demanded my mother take of me with my borrowed Bell and Howell, but I can remember being astounded at how low it was – I could crouch as if sitting on the bumper and still see over it! That was around 30 years ago, and I still have a couple of those dog-eared pictures. Funnily enough, my memorable Lamborghini encounter is pretty similar to that of the young boy featured in this video. At age seven, however, Jacob is clearly ahead of the curve. As the story goes, his father left a message on Lamborghini Los Angeles North's Facebook page, asking if someone with "a kind heart" would help him help make his Lamborghini-fanatic child's birthday wish come true. And "come true" it did, with the dealership helping organize not just a ride-along in an Aventador, but also a small cavalcade of other Lambos, all of which all showed up unannounced at his house on Jacob's birthday. The resulting unalloyed joy, as you'll see in the footage below, is priceless. As car enthusiasts, most of us have been lucky enough to have memorable defining car experiences, those fleeting moments in our personal back catalogs that have come to mean so much more than they first appeared to be.