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Harry Metcalfe shows off his Lamborghini Countach

Harry Metcalfe may no longer be editing the Evo magazine he founded, but that doesn't mean he doesn't still have octane pumping through his veins – or that he isn't still producing world-class automotive content. In this latest video released on his YouTube channel Harry's Garage, Metcalfe shows off is 1987 Lamborghini Countach 5000 Quattrovalvole. The precursor of today's Aventador, the Countach was Sant'Agata's longest-serving mid-engined twelve-cylinder supercar, remaining in production from 1974 (after the Miura was discontinued) until 1990 (when the Diablo replaced it), and earned its place of prominence on the walls of so many childhood bedrooms. Metcalfe's was a later model from 1987 – the London Motor Show car from that year, in fact – packing the enlarged 5.2-liter V12 with the four-valve heads, those fantastical air vents and that giant rear wing. Harry even had the legendary Valentino Balboni to sign the interior. The video is a full half-hour long, but even if you've only got a few minutes, it's worth watching just the beginning to hear it starting up.

Lamborghini Veneno leaks ahead of Geneva

Hey, Lamborghini execs... why the long face? Is it because your double-top-secret Veneno hypercar has leaked ahead of its Geneva Motor Show debut?
This unidentified magazine scan has dribbled its way onto the internet, and the single image shows a radically designed coupe - even by Lamborghini standards - powered by the 6.5-liter V12 from the Aventador tuned to produce 740 horsepower, routed through the company's seven-speed single-clutch gearbox. The bodywork features exposed carbon fiber canards, asymmetric wheel wells, a massive rear wing, and all manner of vents and scoops, all combining for an outlandishly brutal look.
What does "Veneno" mean, exactly? It translates to "poison" in Spanish, but if the company's history is anything to go by, it must also be the name of a noteworthy bull in the history of tauromachia. What the car means to Lamborghini, however, is a celebration of the one-time tractor manufacturer's 50th anniversary.

Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen