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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

This fresh Lambo Diablo SV could be yours for $500k

This Diablo isn't just any Diablo: it's a Diablo SV – shorthand for Super Veloce, or really fast. It was the last model that Sant'Agata offered with a V12, a manual, and rear-wheel drive. Despite being 17 years old now, it has just a single mile on the odometer. It features a titanium exterior paint and a black interior, and could hardly appeal to our childhood sense of wonder any more if it had rocket launchers popping out of the fenders. It's offered for sale by the Lamborghini dealership in Montreal – one of North America's great racing capitals, where supercars are thick on the ground in the summer. It can be yours for $499,900. Now if you're thinking that much money could get you into a new Aventador SV, you would be correct. But though the latest version may be empirically better in just about any way you could measure – including a 223-horsepower advantage – it lacks the Diablo's old-school appeal. If you have the money, the choice is yours. Related Video:

Rear-wheel-drive Lamborghini Huracan coming to LA

We've got an invite to attend a "Lamborghini global product debut" in Los Angeles, and if an Autocar report is legit, it looks like that new car will be a rear-wheel-drive version of the Huracan. Despite touting all-wheel drive across its model range, Lamborghini did offer a rear-drive version of the Gallardo – the Huracan's predecessor – so a two-wheel-drive version of the new car makes a whole lot of sense. Autocar believes the RWD Huracan will be a lighter, more hardcore version of the already-good coupe. This new model is also tipped to be a limited-production car. The two-wheel-drive Gallardo was limited to just 250 units worldwide, and the same could be in store for this Huracan. Also, remember that Lamborghini does technically already make a rear-wheel-drive version of the Huracan: the LP 620-2 Super Trofeo racecar. What's more, Autocar says that Lamborghini could offer a rear-drive version of the topless Huracan LP 610-4 Spyder. Seems like an easy thing to do, especially if this RWD Huracan is, in fact, a more powerful, lightweight take on the entry-level Lambo. We'll know more during the Los Angeles Auto Show festivities, which kick off in just two weeks. Related Video: