2008 - Lamborghini Gallardo on 2040-cars

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Lamborghini Super Trofeo one-make racing series coming to America

Starting in June, racing fans in North America will have another way to get their fix. Lamborghini is bringing its Super Trofeo series to the US and Canada in a "long-term" deal that kicks off in a six-race season this year and should bring some extra excitement to the newly formed United SportCar Racing series in coming years.
The inaugural Lamborghini Super Trofeo North America race will be held at Mid-Ohio on June 15 and 16 with most of the rounds running alongside Grand-Am, International Motor Sport Association and American Le Mans Series races; the season finale will be held at the Indy Car event at Fontana, California on October 18 and 19. More importantly, the winners of each round will compete in a world final at a race in Italy against winner from the Super Trofeo races in Europe and Asia.
All competitors will be piloting specially prepared Gallardo LP 570-4 racecars featuring 570-horsepower V10 engines and paired with all-wheel drive. Scroll down for the Lamborghini press release, which gives the full six-race schedule.

Lamborghini Gallardo ready to tow your Home Depot load

It's possible the Lamborghini Gallardo would have had an even grander reputation as an everyday exotic if more people had used it to tow trailers and lug home-renovation materials from store to workshop. That's what Canadian channel Canal Vie did to promote its new renovation show, strapping a couple of two-by-fours and a roll of insulation to the roof, and hooking up a trailer to the back of a second-generation Gallardo. The promotion had its intended effect. How could it not? People stare at a Gallardo even when it isn't hauling. With 398 foot-pounds of torque at its disposal, we wonder if you could slip a fifth-wheel on it...

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