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Audi reportedly shoots down $9.2 billion investor bid for Lamborghini

Volkswagen 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.

Lamborghini Huracan Spyder tipped for Geneva debut

If you're enamored of the Lamborghini Huracan but have been waiting (and saving) for the convertible version, you may have to wait a little longer. According to Motor Trend, the drop-top Huracan won't make its debut before the 2016 Geneva Motor Show. That's almost eight months from now. The basic parameters of what the Huracan Spyder (as it's likely to be called) aren't hard to forecast. It will in all likelihood carry the same 5.2-liter V10 as the coupe, with the same output of 602 horsepower and 413 pound-feet of torque driving all four wheels through a seven-speed dual-clutch transmission. Expect a slight performance penalty in return for the open-top experience as compared to the fixed-roof version, which is expected to boast a 0-62 time of 3.2 seconds and a 202-mile-per-hour top speed. Other powertrain configurations may follow, but the roadster is likely to pack that same configuration at launch. While the larger, more powerful Aventador is about to breed its fourth model variant in the form of the Superveloce Roadster, the Huracan has only been made available thus far in one version. Our sources at Lamborghini tell us that will change soon, however, with numerous variants to follow – just like they did with the prolific Gallardo that came before. And the Spyder could be the first of the many to follow. The bigger question is what kind of roof mechanism Lamborghini will go with for this latest open-top supercar. The Gallardo Spyder used a fabric roof mechanism (removable roof panels are featured on the Aventador Roadster), however the Huracan Spyder will have to contend with rivals like the McLaren 650S Spider and the new Ferrari 488 Spider – both of which incorporate folding hard tops. The latter was just released this week and is set to debut at the Frankfurt Auto Show this September, giving it a good half year before its rival from Bologna hits the scene. Related Video:

Aventador sales drive record revenue at Lamborghini

Let it never be said that there isn't money to be made selling high-end exotic sports cars. Last month Ferrari revealed that it had recorded record profits despite selling fewer vehicles than the year before. Now arch-rival Lamborghini has reported record revenue.
For the 2013 fiscal year, Lamborghini has announced that its revenue has increased for the third year straight - rising from 469 million euros last year (just short of $650 million at today's rates) to a record 508 million euros (over $703 million). Lamborghini reports that it has reinvested 20 percent of that turnover back into R&D.
The increased revenues come despite having discontinued its top-selling model, the Gallardo, which wound up its ten-year production run back in November to make way for the new Huracán. The increased revenues came from a higher proportion of Aventadors sold, a rise of 9 percent from 922 units in 2012 to 1,001 in 2013, representing a record for V12 models sold in the company's history and a waiting list of 12 months for a new Aventador.