E-gear, Navigation, Adjustable Suspensions, 500+ Hp on 2040-cars

Auto blog

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.

Watch Tesla Model X P100D drag race Lamborghini Aventador SV

It's always fun to see the performance capabilities of electric vehicles, and we haven't yet tired of watching Teslas go up against supercars, street racers, even airplane s, win or lose. DragTimes fed the world another Tesla drag race video this week, pitting a Tesla Model X P100D with Ludicrous+ against a Lamborghini Aventador SV powered by a 6.5-liter V12 (and worth $530,000) in a quarter-mile challenge at Palm Beach International Raceway. The Model X gets a better start off the line, and ends up finishing just 0.05 seconds ahead of the Lamborghini (which was quickly catching up at the end). While the Lamborghini was technically faster (with an elapsed time of 11.281 seconds and a speed of 129.38 miles per hour), the Model X finished the quarter mile in 11.418 seconds at 117.95 miles per hour, which DragTimes notes is a world record for an SUV. The difference in the sound between the two vehicles is striking, as we find from the separate camera views. The Lamborghini absolutely screams, while the Tesla just whistles in the wind a bit. After the Model X, the Lamborghini takes on a Model S P100D. It almost looks like the Aventador jumps the gun a bit (but it doesn't get a red light, and shows a reaction time of just .008 seconds with some well-timed wheel spin), and ends up finishing 0.15 seconds ahead of the Model S. The Tesla's elapsed time was 10.947 seconds at 119.71 mph, while the Lamborghini's ET was 11.164 seconds at 129.08 mph. These races showcase the mighty acceleration of the P100D Teslas. While the traditionally powered supercar is faster at the high end, the low-end shove of the EVs prove them to be great drag cars, even weighing over 5,000 pounds. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: YouTube: DragTimes via Teslarati Green Motorsports Lamborghini Tesla Green Automakers SUV Electric Supercars Videos world record drag race lamborghini aventador sv p100d

Surviving Countach from 'The Wolf of Wall Street' headed to auction

The Lamborghini Countach’s rarity and status as the bedroom wall poster car of the 1980s has made it exceedingly valuable as a collectorÂ’s car. That said, a few examples of the car have risen above the rest as incredibly rare and expensive, and one of these super-special Lambos is headed to auction in December. RM SothebyÂ’s recently announced that it would auction a 1-of-12 white Countach that starred in "The Wolf of Wall Street." The 1989 25th Anniversary Bianco Polo Countach is one of two cars used in the film, but the other was badly damaged during production. With its U.S.-spec bumpers and Bianco (white) interior, the car is considered exceptionally valuable – at up to $2 million by some estimates. The damaged car still wears its scars, but SothebyÂ’s pointed out that the Countach in its auction sustained no damage during filming. The location and current condition of the other Countach are unknown, but as far as we can tell, no one has attempted to restore or auction it in the years since filming.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. With a 5.2-liter V12 under its rear hatch, the Countach was like something from outer space at the time. That sizable powerplant made 449 horsepower and 370 pound-feet of torque when new, which reached the rear wheels through a five-speed manual transmission. Its performance isnÂ’t all that impressive by todayÂ’s standards – it takes around 5 seconds to hit 62 mph (100 km/h) from a standstill. The 190 mph top speed is quite stout, but the CountachÂ’s appeal is about more than its specs. From its debut in the early 1970s, the Countach has commanded the imaginations of car enthusiasts, young and old. Many of us grew up in the 1980s with the car plastered on our bedroom walls, and its staggering 26-year production run is the stuff of legends. The 25th Anniversary models had styling touches designed by Horacio Pagani, and this car is breathtaking, even with its goofy U.S. bumpers — safety regulations here required the addition of awkward bumper guards on the carÂ’s nose. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.