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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Lamborghini Aventador LP 750-4 SV Roadster drops its top at the Quail

The highly anticipated droptop version of the Lamborghini Aventador LP 570-4 SuperVeloce is here, debuting Friday at the Quail Motorsports Gathering as part of Monterey Car Week. The story here is pretty simple – take one Aventador SV and remove the roof – but the end result is a highly exclusive, truly outstanding supercar. "The Roadster version represents our commitment to satisfying our passionate clients with immensely emotional driving dynamics combined with an extraordinary open air experience," says Lamborghini boss Stephan Winkelmann. For the SuperVeloce, output is 6.5-liter V12 is increased to 750 horsepower, and dry weight is reduced 110 pounds, to 3,472, compared to the standard Aventador LP 700-4 Roadster. Hitting 60 miles per hour takes less than three seconds, and the roadster will top out at over 217 mph. Removing the roof is the same as the non-SV Roadster. There are two roof panels, each weighing 13 pounds, that stow nicely inside the luggage compartment. The power rear window goes down, as well, to let in all that awesome V12 Lambo growl. Only 500 examples of the Aventador SV Roadster will be made. The first cars will be delivered early next year, retailing for $530,075 in the United States. Of course, if you have the means, then by all means. Related Video: Lamborghini Aventador LP 750-4 Superveloce Roadster makes global debut in California, USA Sant'Agata Bolognese/Carmel, Calif. 14th August 2015 -- Automobili Lamborghini unveils the new Lamborghini Aventador LP 750-4 Superveloce Roadster in occasion of the Monterey Car week in California. The Roadster, presented at the famous event 'The Quail, A Motorsports Gathering', is available in a limited series of 500 units worldwide and is the first series- produced, open-top Lamborghini to bear the name Superveloce. ''The Superveloce is the purest, most sports-oriented and fastest series production Lamborghini ever. The Roadster version represents our commitment to satisfying our passionate clients with immensely emotional driving dynamics combined with an extraordinary open air experience,'' Stephan Winkelmann, President and CEO of Automobili Lamborghini said during the press conference at The Quail. As a member of Lamborghini's storied Superveloce family, the car offers greater performance with a power increase of 50 hp to 750 hp and a dry weight of 1,575 kg (3,472 lb), that is 50 kg (110 lbs) lighter compared to the Aventador LP 700-4 Roadster.

Recharge Wrap-up: Energica Ego drag race video, GM recycles Flint Crisis water bottles

Watch the electric Energica Ego streetbike face off against a race-spec Kawasaki and Lamborghini. First, the street-legal EV bike takes on the Pedercini Racing World Superbike Kawasaki ZX-10R. While they're about equally matched in 0-62 mph acceleration (at three seconds), the race-spec Kawasaki appears to finish first. It's a closer finish compared to the stock version of the bike. The Energica, however, leaves the Lamborghini Gallardo LP570 Super Trofeo far behind in the quarter mile. Watch the video above, and if you're hungry for more, watch the Energica Ego take on a Tesla and a Ferrari in an earlier video. GM is recycling 2 million water bottles from the crisis in Flint, Michigan to make coats for the homeless, engine covers, and air filters. The bottles are an addition to the automaker's ongoing Do Your Part recycling program. Of the 2 million bottles being transformed into other products, a number will become engine covers for the Chevrolet Equinox V6, while others will be turned into air filters for 10 GM manufacturing facilities. The most novel and noble use, though, will be to turn the recycled plastic fleece into coats for the homeless. The coats themselves – which are made by formerly homeless women through The Empowerment Plan – transform into sleeping bags. Read more from GM. An urban mobility organization called the Transit Center is calling for simpler bus routes to make riding more bearable. Using the hastag #StraighterIsGreater, the group has called upon citizens to share the most convoluted routes that lead to long, boring, inconvenient, and inefficient travel. The Transit Center believes smarter, simpler bus routes would improve commute times and help convince more people to use public transportation. There are certainly obstacles to streamlining routes while continuing to accommodate the most riders, though, but many people are sharing their favorite successful examples on Twitter. Read more from CityLab. Related Gallery Energica Ego: First Ride View 26 Photos News Source: YouTube: ih8u2be, GM, CityLab Green Motorsports GM Lamborghini Automakers Green Automakers Transportation Alternatives Motorcycle Electric Videos recharge wrapup