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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

World's largest Lamborghini dealer is in Dubai, because of course it is

Dubai is a place where supercars are so common, even the police drive them. So it's not at all surprising that Lamborghini would open its largest dealership ever in the city. The dealer is three stories tall and has over 19,000 square feet. That's a lot of space for cars, and according to Lamborghini's CEO, Stefano Domenicali, that space is needed, and perhaps other dealers will need to expand. In the release announcing the dealership's opening, he says Lamborghini expects its overall sales to double when the Urus launches this year. This will require more sales and service space. The Dubai Lamborghini dealer isn't just sales and service, though. In the photos above, you can clearly see that a large portion of real estate is dedicated to selling merchandise. Among the trinkets on sale are shirts, hats, keychains, mugs, and model cars. So regardless of your net worth, this dealer has something for you. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini Essenza SCV12 is an 830-horsepower track weapon

Following in the footsteps of the likes of the Diablo GTR and the Miura Jota, the new Lamborghini Essenza SCV12 is the latest limited-run, uber-performance GT car that offers more power than any other naturally aspirated V12 model Lamborghini has ever produced. To say the Essenza SCV12 is purpose-built would be understating it. From the carbon fiber monocoque and the adjustable aerodynamics to the structurally integral gearbox, everything about the Essenza SCV12 was engineered expressly for speed by Lamborghini's motorsports division. Lamborghini says the V12 actually makes more than 830 horsepower, but didn't offer us anything more specific. Its multi-function wheel was even inspired by the control interfaces found in Formula One, and the rest of the cockpit is similarly racecar-spartan, down to the FIA-homologated carbon-shell seats. The exterior bodywork comprises just three sections to facilitate quick repair and replacement. All four wheels are magnesium alloy and the brakes were developed by Brembo. "Essenza SCV12 represents the purest track driving experience that our brand can offer, an engineering feat that highlights the inextricable link between our cars and the asphalt of the track," said Lamborghini CEO Stefano Domenicali in the company's announcement. "Lamborghini is a brand constantly looking to the future and searching for new challenges, but we never forget our roots and who we are: Essenza SCV12 is the perfect combination of our unconventional spirit as a super sports car manufacturer and our true passion for motorsport." The Essenza SCV12 puts all 830 horsepower to the ground via the rear wheels. The aforementioned structural gearbox is a six-speed sequential unit and the mounting point for the rear pushrod suspension. The aero elements, which were borrowed (with modifications, of course) from Lamborghini's racing cars, produce more than 2,600 pounds of downforce at 155 MPH — more than you get from the aero on a GT3 race car.  Making the deal even sweeter is the fact that purchasing one of these 40 Essenza SCV12s also confers access to a series of exclusive track events along with storage space in a new building (a hangar, Lamborghini says) that the company has built at its facility in SantÂ’Agata Bolognese.  "We wanted to elevate not only performance and driving pleasure but also the experience off the track," said Giorgio Sanna, Head of Lamborghini Motorsport.