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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.

Two dead in Lamborghini crash at Las Vegas exotic car experience center

According to the Las Vegas Sun, as well as several other local outlets, two men died in a Lamborghini crash on track at a facility called SpeedVegas. The car reportedly hit a concrete wall with a tire barrier and burst into flames. Tragically, the driver and the instructor were both killed instantly. We confirmed with the Occupational Safety and Health Administration (OSHA) that the organization is investigating the crash. The crash happened at SpeedVegas, a facility with a 1.5-mile closed track that offers visitors the opportunity to drive high-performance sports cars ranging from the Porsche Cayman GTS up to a Lamborghini Aventador. According to the website, drivers do not need any experience before taking the wheel, and only need to be 18 years old, have a valid driver's license, and wear closed-toe shoes. The facility provides helmets and insurance as part of the driving fee. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. SpeedVegas provided an official statement, seen above, on the crash at its Twitter page. It confirms that the crash occurred, and that the company will cooperate fully with the investigation. It also passes along sympathy to employees and family members connected to the victims. We have also reached out to the Las Vegas Metropolitan Police Department, and SpeedVegas directly for further comment on the incident, but have not received a reply at the time of publishing. We will update this post with additional information as it is available. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini Huracan STO revealed as the most extreme Huracan yet

Mercedes-AMG just snagged the Nurburgring production car lap record from Lamborghini, but the Italians might already have an answer. It’s called the Lamborghini Huracan STO, with the STO being short for Super Trofeo Omologata. And yes, this one is even more extreme than the already bonkers Huracan Performante. Lamborghini says two of its race cars inspired it to make this road-legal high-po Huracan — the Super Trofeo EVO and the GT3 EVO. As weÂ’d expect, itÂ’s still powered by the 5.2-liter V10. The good folks in SantÂ’Agata have found 10 more horses above the Performante, meaning the STO makes 640 horsepower. Torque sits at 417 pound-feet, which is actually down quite a bit from the 443 pound-feet of the Performante. ThereÂ’s no lack of acceleration, though. Lamborghini claims a 0-62 mph time of 3.0 seconds and top speed of 192.6 mph. Those numbers are great, but theyÂ’re not what the STO is about. No, this Lamborghini was designed to set fast lap times, meaning aerodynamics and weight were the two key areas that were enhanced. The STO is 95 pounds lighter than the already light Performante. We imagine the bulk of that can be attributed to Lamborghini making the STO rear-wheel drive, not all-wheel drive. Yes! A rear-drive Lamborghini — we love to see it. But thereÂ’s also a greater use of carbon fiber for exterior panels (75% are made of carbon now). Additionally, the windshield is 20% lighter than a Performante, and itÂ’s riding on magnesium wheels as opposed to aluminum alloys wheels. On the inside, Lamborghini uses carbon fiber sport seats, full carbon door panels, removes the carpeting (replaced with bare carbon fiber) and coats other surfaces with its Alcantara-like Carbonskin. All this combined results in a car with a dry weight of 2,952 pounds. Pushing it into the ground is an impressive downforce package. Lamborghini has added air ducts in the front hood for better airflow to the radiator and to generate downforce. A new front splitter better directs air to a totally new underbody meant to create greater downforce. And the front endÂ’s new design better directs air around the front wheels to reduce drag. New front brake ducts enhance cooling to the improved “CCM-R” brakes (new design drawing on racing brakes for even more thermal durability than standard carbon ceramics).