2008 Bugatti Veyron Super Ultra Sports Car Raw Power And Looks Rolled Into One on 2040-cars

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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:

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:

Bugatti has no plans for a 1,500-hp Chiron roadster

Automakers seem to create variations of variations of variations. That's how we end up with vehicles like the BMW M6 Gran Coupe, which is totally not a slightly worked over M5 with a wider body. Many manufacturers seem to have taken Field of Dreams to heart, so it comes as a bit of a surprise that Bugatti said there will be no roadster version of the upcoming 1,500-horsepower Chiron. Speaking to Autocar, Bugatti board member Dr. Stefan Brungs said that the Veyron successor would only come as a coupe. That's a change of pace from the Veyron, which came in open-top Grand Sport and Grand Sport Vitesse versions. All in all, Bugatti sold a total of 450 Veyrons over a ten-year lifespan, a third of which were targa-roofed Grand Sports. Dr. Brungs didn't rule out more-powerful future variations of the Chiron, though the company is focused on selling the current 500-car allotment. The Chiron's 1,500 hp are supplied by an 8.0-liter, quad-turbocharged, mid-mounted W16. That engine is a heavily updated version of the 1,300-hp W16 from the record-setting Veyron Grand Sport. That car holds the ill-defined title of the world's fastest production car, something Bugatti itself hopes to top with the Chiron in 2018. The Chiron goes on sale soon with a base price of $2.6 million, though options could easily push it over $3 million. Other hypercars, like the Ferrari LaFerrari, are coming out with open-top editions. The Porsche 918 only comes with a removable targa top. Despite the comments from Dr. Brungs, Bugatti is in the business of making money, so expect the company to seriously consider changing its mind. Related Video: