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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

2019 Bugatti Chiron Sport is more hardcore with better handling

Bugatti has created a hotter version of the Chiron called the Chiron Sport. How does Bugatti make the monstrously powerful Chiron even more extreme? Well, it doesn't have anything to do with greater power or speed. The car has the same 1,479 horsepower. Instead, Bugatti focused on improving handling by upgrading the chassis and making it lighter. It's not much lighter, mind you. Bugatti only shed about 40 pounds from the standard Chiron. This was done with lighter wheels, glass and more carbon fiber components. Bugatti seems to be most proud of the car's carbon fiber windshield wipers, which Bugatti claims is a first for production cars. They are actually fairly impressive, weighing 77 percent less than the standard ones. They also use 3D-printed aluminum in the tips. They should go nicely with Bugatti's 3D-printed titanium brake calipers. In the handling department, Bugatti addressed the suspension and drivetrain. The shocks are now stiffer, and the steering has been retuned. The all-wheel-drive system now features torque vectoring to direct power to either side. Between the weight savings and new suspension, Bugatti claims the Chiron Sport lapped the Nardo handling track 5 seconds faster than the standard model. The Chiron Sport also brings along visual changes to make it completely clear that this is not some run-of-the-mill Chiron. It's available in a limited selection of colors for the front end including red, blue, silver and dark grey. These are coupled with an exposed carbon fiber finish for the tail of the car. The front color is then carried over to the big "C" design element that is finished in aluminum on normal Chirons, and to other elements such as the bottom of the rear wing and the contrasting "16" in the grille mesh (which, we must add, makes it look like it's suiting up for a basketball team). The wheels are unique to the Sport, as are the quartet of round exhaust outlets. The interior is made darker and more serious thanks to a liberal use of black anodized aluminum switchgear, and black leather and Alcantara. If the harder-core Chiron Sport is exactly what you've been looking for in a hypercar, you'd better have some serious bank, specifically $3.26 million. There won't be too long of a wait for it, though, since Bugatti expects to deliver the first ones at the end of the year. Related Video:

Lordstown Motors and Lucid Motors update | Autoblog Podcast #684

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski and Yahoo Finance Senior Producer/Reporter Pras Subramanian. Jeremy just visited the Lordstown Motors factory in Ohio and reports back amidst turmoil within the company. Our hosts also talk about another EV startup, Lucid Motors. Pras reviews the Bugatti Chiron Pur Sport. Jeremy opines that despite the shift to electrification, now is the time to enjoy the gas-powered car of your dreams. Finally, they reach into the Autoblog mailbag for an update on a previous Spend My Money segment. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #684 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Lordstown Motors: The potential is obvious, but so are the obstacles Lucid Air First Ride | Our closest look yet at the $139,000, 517-mile EV Bugatti Chiron Pur Sport Review | ItÂ’s the slowest but the quickest The future's electric — but the present is peak gasoline. Burn some rubber! Do donuts! Spend My Money update Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related Video: