1995 Ferrari Testarossa F512 M on 2040-cars

Auto blog

At Lamborghini, gasoline is going, going, gone

Those who've waited this long to plunk down a deposit on a Lamborghini with a full combustion motor have waited too long. For six decades, the Italian brand, founded in 1963 to compete with Ferrari, delivered V8s, V10s and V12 gasoline powered engines to its aficionados. But as of now, its official: the order books have closed on Lambo’s Huracan and Urus models. Stephan Winkelmann, head of the Volkswagen subsidiary, informed the German newspaper WELT this week that all ICE models are now sold out until the end of their production cycle. Only hybrid and electric vehicles will be made from next year and transitioning to the end of the decade. The 2023 Huracan with its 631 horsepower V-10 is starting priced at about $210,000. To prepare for the switch to hybrid power, Lamborghini has invested “at least 1.8 billion Euros,” which is about $2 billion, to produce a lineup of hybrid vehicles ready for release by late 2024 and into 2025. The companyÂ’s next hybrid model is the Revuelto, which pairs a V12 engine with a plug-in hybrid powertrain. The brand anticipates offering a fully electric car “by the end of the decade,” Winkelmann has said. Globally, Lamborghini delivered 9233 vehicles in 2022, up from 8420 the previous year. Related Video This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Ferrari Lamborghini Fuel Efficiency Green Automakers Automotive History Future Vehicles Performance

Ferrari's stock price falls off a cliff

The stock price skidded. The stock price stalled. Use whatever automotive analogy you want. It was a bad day for Ferrari on the New York Stock Exchange. Warning that sales growth would slow because of the economic slump in China, Ferrari NV watched its stock price slump accordingly. Shares of the company were down more than 13 percent in afternoon trading, falling to $34.64. Sprung from the Fiat Chrysler Automobiles less than four months ago, Ferrari's stock has lost a third of its value since its October initial public offering and is nearly half the price of its $62 high set days after the IPO. In a conference call with investors, chairman Sergio Marchionne said the company expected to ship approximately 7,900 vehicles this year. Marchionne said the company would be "fine" over the long term as long as it maintains a decades-long philosophy of maintaining strong demand. That means Ferrari won't follow some of its sports-car competitors who have broadened their vehicle portfolio's with the addition of SUVs. Marchionne bristled at such a suggestion. "You have to shoot me first," he told Bloomberg. But never say never? Previously, Ferrari had restricted its output to 7,000 vehicles per year. The company is already past that number, and Marchionne foresees the possibility that it could rise to approximately 9,000 by 2019. In a regulatory filing, Ferrari said, "we believe we can grow in a controlled manner while preserving the exclusivity of our brand by continuing to explore controlled growth in emerging markets to capitalize on the substantial wealth creation and the growing affluent populations in those markets." For now, those markets won't include China. Shipments there decreased 22 percent in 2015, even as worldwide output increased. Related Video:

Coming Ferrari hybrid loaded with twin-turbo V8, three e-motors, 986 hp

One week from now, Ferrari and its best clients will gather in Maranello for a three-day event to introduce a mid-engined hybrid supercar slotting in above the 812 Superfast. A report in Auto, Motor und Sport purports to fill in some of the engine details and power output we've been wondering about. The German magazine says there'll be a twin-turbo V8 amidships, the same 3.9-liter unit from the F8 Tributo, aided by three electric motors. Total output will be 1,000 PS (metric horsepower) — or 986 U.S. horsepower, 197 more horses than found in the 812. One of the electric motors will sit inside the gearbox, the other two will reside at the front axles, powering the front wheels. That means we can expect all-wheel drive and finessed torque vectoring up front. With 36 more horsepower than the system output on the LaFerrari, and AWD, it's claimed that the electrified scarlet star will get from zero to 62 miles per hour in 2 seconds. The FerrariChat forum, which has a 77-page thread on this car, settled on these same specs well before the AMS report. Wrote one poster, "I'm in Geneva and my dealer told me the BB will have 1000hp, V8 with KERS." Another chimed in, "Ferr9000 on a Spanish forum ... said the BB front axle will be electrified, so we can assume there will be two electrics motors on front axle." In FerrariChat parlance, the "BB" stands for "Big Brother" to the 812. Another forum member said he expects the coupe to have a respectable all-electric range, which accords with video of a hybrid 488 mule driving silently at Fiorano. The big question seems to be whether this will be a regular production model or a limited edition, with consensus settling on a proper series production car. AMS puts the price at 600,000 euros, or about $670,000. Yet another FC forum member says there'll be a public debut at Le Mans, the French race taking place June 15-16. Could that provide a clue to the name? And remember, there's plenty more to come from Ferrari this year, with a V6 hybrid sports car slated for debut, and two further cars. One of those additional vehicles is expected to be an 812 Spider.