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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:

Mansory loads up the Lamborghini Huracan with more power, carbon fiber

Mansory drenched the Lamborghini Huracan in carbon fiber and cranked the engine to more than 1,000 hp. The result? Something called the Torofeo, which was revealed at the Geneva Motor Show. The name refers to toro, which is Spanish for bull, and the Super Trofeo Motorsports line. Mansory added new air intakes up front to improve cooling, widened the body, made the wheel arches more prominent and gave the supercar new mirrors. There's also a new rear spoiler and diffuser that enhance air flow. The tuner says the carbon-fiber pieces are even lighter than Lamborghini's stock parts. There are also enhanced daytime running lights as a passive safety feature. Under the hood, the 5.2-liter V10 gets two turbochargers and is rebuilt with new pistons, camshafts, connecting rods, a new fuel system and a water-cooled intercooler. There's also an upgraded exhaust system. The enhancements lift the Huracan to a claimed-1,000 hp, up considerably from the usual 600-plus hp. The cabin is upgraded with more leather, Alcantara-covered seats and a new steering wheel. It all rolls on forged alloy wheels that measure 20 inches in front and 21 in the rear. Sound good? Mansory also brought plenty of other cars, including a slightly less powerful Lamborghini, to Geneva, as well. Related Video: MANSORY TOROFEO –Lamborghini Huracan in an exclusive MANSORY-carbon fibre suit. March 2015 A radical, new interpretation of the Lamborghini Huracan is the latest development from the premium manufacturer MANSORY. Referring back to the Spanish "Toro" meaning bull and the Super Trofeo Motorsports Range, MANSORY have christened the sports car TOROFEO. Radical changes have been made to the body, engine and interior, making the "little" Lambo a real MANSORY car. And as you would expect from MANSORY, they didn't hold back in their use of carbon fibre. Where Lamborghini thought they had maximised the use of carbon fibre, MANSORY have added an extra touch based on their core competency. No other company in the market is as closely linked to the use of carbon fibre as MANSORY. These specialists manufacture and process this ultra-light, extremely strong material taken from the world of motorsport in their own in-house autoclaves, which means they don't have to rely on suppliers. This gives them complete freedom in the scope, fit and design of components. The best proof of this can be seen in the completely newly designed carbon fibre body.

1971 Lamborghini Miura SV is PoloStorico's first restoration

Lamborghini is fitting in at the annual Amelia Island Concours d'Elegance, trotting out a fully restored 1971 Miura SV. This is not just any Miura, though. It's been the subject of a complete restoration courtesy of Sant'Agata's young restoration arm, PoloStorico. Wearing chassis number 4846, this Miura SV was introduced on the Bertone stand during the 1971 Geneva Motor Show – the company's new Countach was on the main Lambo stage. According to Lambo, this car is "truly a one-off," featuring parts from the Miura S alongside pioneering features that would be seen on later SVs. But who cares about its history – just look at this thing. Lamborghini has gone mad restoring this Miura, with PoloStorico inspecting each individual body panel and then finishing all of them in this beautiful Verde Metallazata – literally green metallic. The company claims that every component was restored or replaced, and that "exhaustive research" went into the process. But why Amelia Island, and why now? The head of PoloStorico has the answer. "This is the year in which the Lamborghini Miura celebrates its 50th anniversary," Enrico Maffeo said in the official statement. "This car not only illustrates the iconic appeal of the Miura, widely acknowledged as the forerunner of modern super sports models, but is also a perfect example of the expertise available in Lamborghini PoloStorico in providing the most authentic Lamborghini restorations." This Miura SV marks the first completed project for the PoloStorico team. Based on the few images we've seen, it's the start of something big for Lamborghini's vintage models. Related Video: LAMBORGHINI POLOSTORICO CELEBRATES MIURA 50 ANNIVERSARY AT AMELIA ISLAND WITH RESTORED MIURA SV 1971 GENEVA SHOW CAR Sant'Agata Bolognese, – The original Lamborghini Miura SV shown at Geneva motor show in 1971 has been the subject of more than a year's restoration by Lamborghini PoloStorico, and is presented as a finished project at the Amelia Island concours event (USA) from 10 to 13 March. The Lamborghini Miura SV (Super Veloce), chassis #4846, was the pre-production model for subsequent Miura SV production. Unveiled at the 1971 Geneva motor show on Bertone's stand (while Lamborghini showed its new Countach), the car was truly a one-off, carrying over parts from the previous Miura S and introducing new features that would be seen on later SVs. Lamborghini PoloStorico was appointed a year ago to fully restore chassis #4846 to its perfect original state.