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Rare U.S.-spec 1990 Lamborghini LM002 fetches $467,000 at auction

A rare "Rambo Lambo," an American-spec 1990 LM002 that was Lamborghini's first SUV and arguably the first high-performance sport utility, has sold at auction in New York for $467,000. RM Sotheby's says the luxury ute, which has 19,153 miles on the odometer, underwent a comprehensive five-year mechanical and cosmetic restoration and was originally priced at $158,000 when it arrived in the U.S. through a Florida port of entry. The auction sale price is more than twice the cost of the new Urus, the sleek new crossover that Lamborghini unveiled earlier this week. The LM002 traces its lineage to the Cheetah, a rear-engine-mounted 4x4 that Lamborghini made with an American defense contractor for the U.S. Army, which did not reward the automaker with a contract. It was Lamborghini's first production SUV, based on the Cheetah's basic engineering, and it added luxurious wood and leather to the interior, a spacious cargo area and the 5.2-liter Countach V12 engine that took it from 0-60 in 7.7 seconds. Only 301 examples were ever made between 1986 and 1993, with just 48 of them built to the LM/American specs and delivered to the U.S. Sotheby's notes that the exotic car market of the early '90s "was in full flourish thanks to a new generation of millionaires and billionaires seeking the ever-greater 'toy' — and nothing was bigger or better than the LM002." It boasts a massive 76-gallon fuel tank, and the model that just sold was equipped with specially designed Pirelli Scorpion run-flat tires. Jay Leno took an LM002 of the same model year for a spin two years ago on an episode of "Jay Leno's Garage." The restoration effort was valued at $325,000 and covered the Countach engine, new exhaust and a full, new interior, adding an Alpine stereo head unit and integrated Bluetooth to bring things up to modern speed. It also features the rare rear cargo toolbox, tonneau cover, and correct LM/American floor mats and chrome bumpers. The owner also got correct tools, keys, books, jack, full receipts and photographic documentation of the restoration process, plus two OEM ECU computer units.Related Video:

World's most expensive model car will be wrapped in thin gold sheet [w/video]

A couple of years ago, we featured a car that had a body made out of carbon fiber and an interior and wheels fashioned from gold and platinum and lined with diamonds. The price for that supercar, based on the Lamborghini Aventador, was a staggering $4.7 million. The hook: it was a 1/8-scale model! The man behind that model, Robert Gülpen, is at it again, and will offer for sale at an auction house another baby Aventador, but this one is wrapped in gold and will command a price of at least $7.5 million - making it the most-expensive model car in the world. Compare the model's price with that of the real thing - $397,500 - which means you could have 18 real Aventador coupes (!) for the price of the gold-wrapped model.
The car's details are even more impressive than the last model Gülpen produced, starting with the gold wrap. After baking the carbon-fiber model at a high temperature and under pressure, the body is wrapped in a gold sheet that's 1/1,000-mm thin. The resultant effect allows one to admire the gold hue, but the wrap is so thin that the carbon-fiber weave is plainly visible. The interior is lined with high-carat gemstones and the wheels are cast in gold and platinum, just like the last model. The doors open and close, the wheels turn and, while the engine looks like a smaller version of the V12 found in the full-size car, it does not function.
The materials used in the build are valued at $2.6 million, so what the buyer is paying for is the work behind putting the model together. The car will be mounted inside a bulletproof showcase with a Lamborghini logo made of gold, platinum and gemstones, among other goodies that are included for one well-heeled buyer.

Lamborghini Huracan Spyder promises 201-mph top speed

After chopping the roof off the Aventador SuperVeloce in Monterey, Lamborghini has, unsurprisingly, decapitated its entry level Huracan and given birth to the successor to the Gallardo Spyder. The new Huracan LP 610-4 Spyder is set to debut this week at the 2015 Frankfurt Motor Show, offering the same 5.2-liter, 610-hosrepower V10, seven-speed dual-clutch automatic transmission, and all-wheel-drive system. The top speed is a hair-raising 201 miles per hour, down just a single digit from the hardtop model, while the 0-62-mph time has fallen from 3.2 to 3.4 seconds. Blame the increase in weight for the slight drop in performance – the Spyder model adds 264 pounds to the hardtop's 3,135-pound dry weight. Of course, unlimited headroom and looks that can kill more than make up for that. According to Lamborghini, the lightweight softtop can be dropped in just 17 seconds and at speeds of up to 31 miles per hour. Impressive though that may be, it's the improvements that Lambo has made over the old Gallardo Spyder that are really newsworthy. Torsional rigidity is up 40 percent over Sant'Agata's last entry level droptop, while downforce jumps by 50 percent with the Huracan Spyder. Prices for Lamborghini's newest convertible start at 186,450 Euros ($211,341 at today's rates), with deliveries slated to begin in the spring of 2016. Read on for the official press release, and check back soon for live images from the floor of the Frankfurt Motor Show. Or, if you really want to see the debut go down, you can watch the livestream of the reveal, here. Related Video: Lamborghini Huracan LP 610-4 Spyder: Performance and lifestyle under the open sky • Inspiring Huracan technology and performance with open air emotion • Electrohydraulic, lightweight soft top for pure Spyder feeling • Smart aerodynamic solutions for maximum open-top driving comfort • Naturally aspirated 5.2 l V10 engine with 449 kW/610 hp, 0 - 100 km/h in 3.4 seconds, top speed 324 km/h (201 mph) • 'Cylinder on demand' technology in combination with stop-and-start system for lower CO2-emissions Sant'Agata Bolognese/Frankfurt, 14.09.2015 – Automobili Lamborghini presents the new Huracan LP 610-4 Spyder at Frankfurt International Motor Show. The open top version of the Huracan LP 610-4 combines the power and performance of the coupe with the emotion of open-air driving.