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Lamborghini Urus S adds Performante power and new styling

The Lamborghini Urus just got a new performance variant in the Performante, but now the standard Urus is going through a mid-cycle upgrade of sorts and being renamed the Urus S. So, for the time being there won’t be any Urus models beyond the S and Performante. The Urus S is being treated to the same power upgrade and powertrain calibration as the Performante. That means itÂ’ll have the more potent 4.0-liter twin-turbo V8 that produces 657 horsepower and 627 pound-feet of torque — that is 16 ponies more than the base Urus itÂ’s replacing. The 0-62 mph time lags behind that of the PerformanteÂ’s by a couple tenths at 3.5 seconds. However, thatÂ’s 0.1 second quicker than the old Urus. The S gets a re-tuned exhaust system that Lamborghini says is “more distinct” at startup and has a “sharper note” in each drive mode. And speaking of drive modes, you get seven in the Urus, including four on-road modes and three off-road modes for any possible scenario. What the Urus S doesnÂ’t get from the Performante is that modelÂ’s fixed suspension. Instead, Lamborghini carries over its air suspension from the pre-refresh Urus that allows for a wider breadth of use cases than the singular-minded Performante. A number of minor design updates give the Urus S a fresh look. It gets a new front bumper and a new matte black-painted stainless steel front skid plate. The hood is now made of carbon fiber and has matte black-painted air vents, and a new optional carbon fiber roof brings even more sportiness to the table. Lamborghini says its new rear bumper design is meant to make the car look more “streamlined and elegant.” Plus, the updated exhaust system features a new twin-pipe exhaust exit design. Additional wheel options are available in 21-inch, 22-inch and 23-inch flavors. More customization options abound, too, as Lamborghini says itÂ’s greatly expanded its options list of colors, trims, wheels, style packages and “special details.” The same can be said for interior customization, as the Urus S offers all new colors and trims. The Urus S is set to start at ˆ195,538, but U.S. pricing wasnÂ’t provided at reveal time. Expect it to arrive soon and be sold alongside the Performante model here in America. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

$1.3B worth of classic cars were auctioned in 2014

The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction

Autoblog Minute: Why Lamborghini approved the Urus SUV

Lamborghini looks to double its vehicle sales and workforce with the addition of the Urus luxury SUV. Autoblog's Mylencia Gillenwaters reports on this edition of Autoblog Minute, with commentary from Michael Austin. Show full video transcript text [00:00:00] Lamborghini looks to double its vehicle sales and workforce with the addition of the Urus luxury SUV. I'm Mylencia Gillenwaters and this is your Autoblog Minute. Lamborghini is the latest luxury sports car manufacturer to join the SUV game. Development of the Urus will see the Italian automaker make 500 new hires and build a new facility near its headquarters in Bologna, Italy. Lamborghini expects the Urus to [00:00:30] have a dramatic effect on annual sales, with a projected increase of 2,500 vehicles to 5,000 annually. The Italian automaker pushed hard for parent company Volkswagen AG to allow it to develop this important new model internally. For more, we go to Autoblog editor-in-chief, Mike Austin. [00:01:00] [MICHAEL AUSTIN INTERVIEW] With IHS Automotive reporting the sport utility segment up 88 percent since 2008, and high-end competitors like Bentley entering the fray, we'll see if Lamborghini's timing pays off or if families in need of blinding grocery hauling speed will shop elsewhere. For Autoblog, I'm Mylecnia Gillenwaters. [00:01:30] [Autoblog Minute logo] Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals.