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Rare U.S.-spec 1990 Lamborghini LM002 fetches $467,000 at auction

A rare "Rambo Lambo," an American-spec 1990 LM002 that was Lamborghini's first SUV and arguably the first high-performance sport utility, has sold at auction in New York for $467,000. RM Sotheby's says the luxury ute, which has 19,153 miles on the odometer, underwent a comprehensive five-year mechanical and cosmetic restoration and was originally priced at $158,000 when it arrived in the U.S. through a Florida port of entry. The auction sale price is more than twice the cost of the new Urus, the sleek new crossover that Lamborghini unveiled earlier this week. The LM002 traces its lineage to the Cheetah, a rear-engine-mounted 4x4 that Lamborghini made with an American defense contractor for the U.S. Army, which did not reward the automaker with a contract. It was Lamborghini's first production SUV, based on the Cheetah's basic engineering, and it added luxurious wood and leather to the interior, a spacious cargo area and the 5.2-liter Countach V12 engine that took it from 0-60 in 7.7 seconds. Only 301 examples were ever made between 1986 and 1993, with just 48 of them built to the LM/American specs and delivered to the U.S. Sotheby's notes that the exotic car market of the early '90s "was in full flourish thanks to a new generation of millionaires and billionaires seeking the ever-greater 'toy' — and nothing was bigger or better than the LM002." It boasts a massive 76-gallon fuel tank, and the model that just sold was equipped with specially designed Pirelli Scorpion run-flat tires. Jay Leno took an LM002 of the same model year for a spin two years ago on an episode of "Jay Leno's Garage." The restoration effort was valued at $325,000 and covered the Countach engine, new exhaust and a full, new interior, adding an Alpine stereo head unit and integrated Bluetooth to bring things up to modern speed. It also features the rare rear cargo toolbox, tonneau cover, and correct LM/American floor mats and chrome bumpers. The owner also got correct tools, keys, books, jack, full receipts and photographic documentation of the restoration process, plus two OEM ECU computer units.Related Video:

Lamborghini SC18 Alston is a ferocious first from Squadra Corse

Lamborghini has worked up a number of limited-editions and one-offs over the past decade, from the run-of-20 Veneno to the one-of-one Egoista and Aventador J. The standard production-car division worked up those previous efforts. Now, Lamborghini's racing division, Squadra Corse, has dreamed up a one-off for the first time as a commission for a client. Called the SC18 Alston, the Aventador-based coupe starts at the marker laid down by the SVJ and takes a few barbarous steps beyond. The point, apparently, was a road-going car with maximum track performance. Squadra Corse designers, working with the customer and Lamborghini Centro Stile, penned an aero package that borrows elements from Huracan race cars. The front hood air intakes were derived from the Huracan GT3 EVO, while the side and rear fenders, the fins and the scoops take inspiration from the Huracan Super Trofeo EVO. The three-stanchion wing hearkens to the Veneno, the rear taillight pattern and valance curve reference the Centenario, and the way the rear wing endplates rise from the fenders suggests the Bugatti Vision GT. The power unit comes untouched from the Aventador SVJ, meaning a 6.5-liter V12 with 759 horsepower and 531 pound-feet of torque, shifting through the seven-speed ISR gearbox. An engine cover with 12 vents, also derived from the racing programs, keeps the fury cool, and a new exhaust design produces a new sound. Lighter carbon fiber bodywork drenched in Grigio Daytona hides the internals and reduces weight. Screenprinted red accents on the body panels coordinate with accents on the center-lock wheels — 20 inches in front, 20 in back — and specially developed Pirelli P Zero tires. The cabin's been dressed in Nero Ade Alcantara with red cross-stitching, and a pair of carbon fiber buckets. There's nothing not to like here, and we suspect this won't be the last unique effort we see from the Squadra Corse brand. Related Video:

'World's Most Expensive Car Crash' results in 10 charged [w/video]

Justice is slowly being served to those drivers who were involved in a 10-car pile up in Japan last year that saw eight Ferrari models, one Lamborghini and three Mercedes-Benz vehicles hauled off for scrap. As you may recall, the lead driver lost control of his machine, pin balling into those following behind and doing some $4 million in damage in the process. Now the 61-year-old lead driver and nine others have had their cases sent to prosecutors.
The group are currently being charged with suspicion of violating traffic laws. We'll take a moment to wait for the laughter to die down before continuing.
Prosecutors claim the drivers were exceeding the speed limit and not paying attention to the road when the incident happened. Six people were injured in the dust up, but everyone survived. The group was on their way to a supercar event in Hiroshima. Feel free to watch the original news reports below.