2012 Lamborghini Gallardo Lp550-2 Coupe 2-door 5.2l on 2040-cars

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Volkswagen posts quarterly profit despite drop in sales

Volkswagen returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% higher on Thursday. The German automaker's return to the black comes amid spiking coronavirus cases in Europe that led governments in France and Germany to order their countries back into strict national lockdowns on Wednesday. "The coronavirus remains a central problem," Volkswagen Chief Financial Officer Frank Witter said in a conference call with reporters. "This situation now is anything but relaxed." But Witter said the group expected the economic recovery to continue and did "not anticipate any nationwide lockdowns in larger markets." Witter said the takeover of U.S. truck maker Navistar International by Volkswagen's trucking unit Traton was an important acquisition, but the "current economic climate will not make this easy." Volkswagen reiterated it expects to post a profit for the full year, saying its business "recovered noticeably" in the third quarter as sales in China of premium vehicles, including Audi and Porsche sports cars, rose 3%. The quarterly performance was also aided by a series of cost-cutting measures launched earlier this year. Volkswagen said its net liquidity rose to 24.8 billion euros from 18.7 billion at the end of the second quarter. Excluding one-time items, third-quarter operating profit was 3.2 billion euros ($3.8 billion), down from 4.8 billion euros a year earlier, but up from a second quarter loss of 1.7 billion. In a note to clients, Jefferies analyst Philippe Houchois described the results as a "solid performance with strong cash, but relatively muted in the context of the (auto) sector recovery." Last week, German rival Daimler reported a record 24% jump in Chinese demand for its Mercedes-Benz cars, boosting its margins in the third quarter. Italian-American Fiat Chrysler Automobiles and Peugeot manufacturer PSA Group both also posted solid results this week. Witter said Volkswagen could not say for sure whether it would meet EU CO2 emissions targets this year, adding "it will be a tough race." At 1030 GMT, Volkswagen shares were up 2.9% at 129.20 euros. Related Video: Earnings/Financials Audi Bentley Bugatti Lamborghini Porsche Volkswagen

Italdesign will build five of its Zerouno supercar, a carbon-bodied Lamborghini Huracan

There's a lot going on here. Italdesign is launching its new limited-production brand, Italdesign Automobili Speciali, with the crazy mid-engined supercar you see here. The Zerouno looks more like a place to keep every aerodynamic flourish the company has ever created than a car you will actually be able to buy, but they're going to sell five of them. It also reminds us of a Nissan GT-R in some ways, such as the shape of the roof, but you can be assured this is a Lamborghini underneath. Italdesign says the car is powered by a 5.2-liter V10 that will send it to 62 mph in 3.2 seconds and on to a top speed in excess of 205 mph; the engine makes 602 horsepower and 413 pound-feet of torque, just as it does in the standard Huracan. The Zerouno uses the Lambo's seven-speed dual-clutch transmission and all-wheel-drive system as well. Given the fact that Italdesign is controlled by Lamborghini and the two companies often work closely with each other, we're pretty confident this is the world's most exclusive Lamborghini Huracan. Those few buyers will be able to outfit their car to their taste with help from the Italdesign staff. And just look at all of the aero bits! We count three pairs of dive plane blades, two sets of louvered fender vents, some aggressive splitters, and what might be the world's most complex rear diffuser. The bit at the front that sort of resembles a hand vac intake is part of what Italdesign calls the Y-duct, which pulls in air at the leading edge and routes it out of two ports at the rear of the hood to produce downforce. Air flows around and through just about every part of the car, including the floating light units. The silver car is done up with tricolori accents running down the middle and lots of red trim on the exposed carbon fiber. The whole body is made of the lightweight material, in fact, meaning it should be lighter than a run-of-the-mill Huracan. Even the tires are customizable; it features new Pirelli P-Zero rubber available in a choice of white, red, yellow or metallic gray. The car is designed to be registered for street use, but an optional Corsa package turns it into a track-only vehicle and includes such additional aerodynamic aids as a dorsal spoiler. It will be interesting to see how the Zerouno stacks up against the new top-dog Huracan Performante, which is being shown for the first time at this year's Geneva Motor Show, just like the Italdesign car.

Lamborghini unveils Egoista Concept for selfish supercar owners

Does the mere desire to own a ridiculously high-performance and stupendously expensive supercar automatically make its prospective owner a little selfish? Not necessarily, but if said supercar has just one seat, a case could certainly be made that its megalomaniacal owner simply doesn't want to share the experience with his friends...
For such an owner, Lamborghini has presented the Egoista Concept - perhaps fittingly, the car was unveiled at a private 50th birthday party that the automaker seems to have thrown for itself. From what we can glean without any official announcement from Lamborghini to go by, the Egoista Concept has room for a single occupant, is powered by a 5.2-liter V10 engine and boasts styling said to be inspired by an Apache helicopter.
While we eagerly await more details from Lamborghini, we suggest you click on the image above to view the Egoista in high resolution. With just one angle to go by, we can't really offer much commentary on its design, other than to say it joins the Veneno as one of the more memorable self-given birthday presents in recent memory.