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Maurizio Reggiani talks racing, forced induction, and Lamborghini V12s

Maurizio Reggiani deserves his own chapter in Lamborghini's history. He joined the Italian company in 1995 and rose to the position of chief technical officer in 2006; he notably led the development of some of Lamborghini's greatest modern-day engines, including the 6.5-liter V12 that powers the Aventador. His time as the head of Lamborghini's research and development department ended earlier in 2022 and he now serves as vice president of motorsport. His successor, Rouven Mohr, is tasked with implementing an ambitious and far-reaching electrification strategy called Direzione Cor Tauri and outlined in 2021. As Lamborghini prepares to enter a new era, I sat down with Reggiani for a behind-the-scenes look at nearly 30 years of V12 development. [The following has been edited for clarity.] RG: Lamborghini has made other engines and other companies have made V12s. Why is the V12 so often associated with Lamborghini? MR: In a time when everybody started talking about downsizing and reducing cylinder count, we continued to say that the V12 is the flagship of the super-sports car. We were born with this: Lamborghini has made a V12 during every year of its history. We also did V8s in the time of the Jalpa, for example, but the V12 was every time the main pillar of this company. If you want to be considered the pinnacle of super-sports cars, no other engine can really speak to purists like a naturally-aspirated V12 can. In terms of power, in terms of sound, in terms of emotion, and in terms of, let me say, the coolest engine that's possible in terms of engineering definition. RG: What projects have stood out to you during your time at the head of Lamborghini's R&D department? MR: When I started my career, 40 years ago at Maserati, I worked in engine development. At Bugatti, I was responsible for powertrain, which of course includes the engine. For me, an engine is kind of like a first love, and you remain in love for all of your life. To look at an engine, to look inside, to discuss the components, to have an opinion, and to give a suggestion was my way of working every time. One of the projects that excited me the most was the Diablo GT. For the first time, we decided to put a single throttle per cylinder, and it was a level of sophistication that was more or less never used before by Lamborghini. You take experience from the past and try to apply it to [the present]. This improved a lot the performance, and it was really super exciting.

Lamborghini's Lock out as American COO

It looks like Lamborghini is going to need a new executive to run its North American operations, as the man who's held the job until now has parted ways with the exotic automaker.
That man is Michael Lock, who has held the position of Chief Operating Officer at Automobile Lamborghini America LLC for nearly two years now. We don't know what the reasons are for his departure, or for that matter whether the departure was instigated by Lamborghini or Lock. However, Lamborghini's official notice released yesterday does state rather flatly: "as of today the collaboration with Michael Lock, COO of Automobili Lamborghini America, is terminated" even as it thanks the executive for his efforts and wishes him the best moving forward.
For the moment, Lock's post will be assumed by Thomas Felbermair, Commercial Director at Automobili Lamborghini, while site operations will be handled by Rene? Sueltzner, who is also in charge of after sales at Automobili Lamborghini America.

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