Lp 700-4 Coupe, Arancio Atlas/nero Ade, Well Option'd, Very Clean, Low Miles on 2040-cars

Auto blog

Volkswagen Group previews its wares on eve of Geneva show

The Volkswagen Group is comprised of 11 brands producing 240 vehicles across 49 factories throughout the world. So the best way to show off the range of the VW family is to cram a few thousand journalists and VIPs into a massive makeshift stand to outline the Group's goals, what's in the pipeline and what you'll be able to buy later this year.
To that end, VW pulled out all the stops on the eve of the 2012 Geneva Motor Show, bringing along 10 vehicles from across the range. We'll be delving into the details of each over the next two days of show coverage, but before that happens, you can read all about what we saw tonight from the cheap seats after the break.

Watch a ham-fisted Russian wreck his Lamborghini

Russia is responsible for some of the best dashcam videos on the planet. And today, we're sorry to say that includes the destruction of a poor Lamborghini. You can't always judge a book by its cover, but based on the look of this particular Lambo – a chromed finish and aftermarket alloys – its driver probably has more money than talent. That's probably the best explanation for why he was driving so quickly in such treacherous conditions. After looping around one vehicle, the back steps out and the car – The Daily Sun incorrectly calls it a Huracan, but it's a Murcielago – spears an innocent Peugeot. The Lambo ends its journey by colliding with a guardrail, splaying most of its front end across the M9 motorway outside Moscow. Police took the Lamborghini's driver, a 30-year-old man, into custody for his role in the wreck. One witness told The Daily Sun that the supercar passed the film car like it was standing still, something police confirmed, saying "[The Lamborghini owner] was driving at high speed on the wet tarmac and lost control." Related Video:

VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.