2004 Lamborghini Gallardo Base Coupe 2-door 5.0l on 2040-cars

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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

Lamborghini Miura owner sues garage over million-dollar car-b-que [w/video]

Remember about a year and a half ago when a rare, classic Lamborghini Miura SV went up in flames in London? Its owner sure does. And he's not willing to write it off, pointing fingers squarely at the Lamborghini dealership in London for causing the fire. It may seem like a difficult case to make, especially since the Miura was not in the dealership's possession when the fire erupted – the owner's son was driving it, but he was driving it home from the dealer where it had been brought in for service. According to the suit filed by the vehicle's owner, billionaire property agent Jon Hunt, the mechanics at the dealership owned by high-end automotive group H.R. Owen must have improperly fitted the spark plugs during the Miura's service. Lamborghini's official dealership should have known better, says Mr. Hunt. That's why Hunt is suing the dealership to the tune of GBP700,000, equivalent to over $1 million at today's rates, plus storage costs and "loss of enjoyment." The vehicle – one of only 764 made – was evaluated at GBP900,000, but Hunt's suit deducts the GBP200,000 it was worth as scrap. We've included footage of the fire below, but it's not for the weak of heart when it comes to watching an irreplaceable classic supercar burning to the ground. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Lamborghini Huracan does quarter mile in just 8.6 seconds

If you're the wild and crazy sort that feels the need to up the output of an Italian exotic, more power to you. And one of the best ways to get that power is through turbocharging. Lots and lots of turbocharging. Just like Heffner Performance has done with this monstrous Huracan. By strapping a pair of turbochargers to the Lamborghini's V10 engine, Heffner's modded car is good for 1,200 horsepower at the wheels. If you don't feel like doing the math on what that is at the crank, just rest easy in knowing that it's a whole helluva lot. While you probably won't want to try and put that power down on a road course, it's absolutely appropriate on a drag-prepped surface. Combined with the super-sticky strip and some equally grippy tires, Heffner has turned in some impressive, sub-ten-second times. But its most impressive run is this – an 8.631-second run through the quarter, where the green Huracan hit 173 miles per hour. According to the results slip, it snapped to 60 in just 1.9 seconds, while Heffner claims it hit 100 in 3.7 seconds. So yeah, this is a very, very fast Lamborghini. And now, you can watch it in action. Check out the high-speed run at the top. Related Video: