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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.

2016 Lamborghini Huracan LP 580-2 First Drive [w/video]

The most enjoyable – not necessarily the "best" or "fastest" – driving machines permit latitude with their exactitude, using ruthless precision to support a driver's personal style instead of smother it. Very few cars get it right. The Porsche 911 GT3 is one that does. Add the Lamborghini Huracan LP 580-2 – the new rear-wheel drive variant of the all-wheel drive Huracan LP 610-4 – to the short list. To get a sense of how the rear-drive car stacks up, let's revisit our impressions of the all-wheel version. We drove the LP 610-4 at Laguna Seca back in May for the brand's Intensivo driving school, and two idiosyncracies stood out. The first is that it ticked around corners like the second hand on a watch. That's great for an autocross, pivoting through cones like a Tron lightcycle. But on a circuit, you want the freedom to find your own best way to move the machine around the track, and the all-wheel-drive Huracan won't relent on its commitment to ultimate precision. You aim at grace but you get mechanics – a robot trying to follow your instructions for dancing the Tarantella. The second peculiarity was that it squirmed under heavy braking, coming down from triple-digit speeds into a hairpin like a bull shaking off a swarm of flies. The timed run from 0-62 miles per hour is just 0.2 seconds slower than the 610-4. The LP 580-2 is the prescription to cure both symptoms. As the name attests, output drops from 602 horsepower to 572 hp and torque is reduced from 413 pound-feet to 398 lb-ft, all of it sent to the rear wheels. The timed run from 0-62 miles per hour is just 0.2 seconds slower than the 610-4. No mere devaluation of potency, engineers remapped the 5.2-liter V10's power and torque delivery so it's different from the AWD version. Power delivery is further differentiated between the 580-2's manual and automatic shifting, and it feels more linear when you're working the paddles. You need a fetish for grilles to spot the variance between this car and the all-wheel drive version. Designers reworked the strakes on the lower front intake and removed the hexagonal mesh ornamentation, so you peer straight at radiators. The corners of a larger rear grille cut deeper into the bumper. The badge ahead of the rear wheels says, "LP 580-2." The standard 19-inch wheels are of a new design called "Kari." Those are the visual differences. The cabin is identical.

Lamborghini reveals Asterion LPI 910-4 hybrid hypercar concept

There are automakers that roll out concept cars regularly as a matter of course, and there are those that rarely do. Lamborghini falls squarely in the latter category, which makes the vehicle you see here - revealed just a day before the Paris Motor Show - such a rare treat.
It's called the Lamborghini Asterion LPI 910-4, and if you're familiar with Sant'Agata nomenclature, you're probably already picking apart its specs based on those letters and numbers: LP for longitudinal posterior, telling you this is, like all other contemporary Raging Bulls, a mid-engined supercar. 910 tells you how much metric horsepower it packs. The 4 tells you it's all-wheel drive. But along with the name Asterion, borrowed from a mythical minotaur (a hybrid man-bull, for those unschooled in Greek mythology), it's the letter I - standing for "Ibrido" - which speaks of the novelty of this concept.
That's right, you're looking at the first gasoline-electric hybrid Lamborghini. A plug-in hybrid, in fact, that can travel 31 miles on electricity alone. The powertrain combines the 5.2-liter V10 and seven-speed DSG from the Huracán (good for 610 metric horsepower) to a trio of electric motors (good for another 300) to bring total output up to a claimed 910 - equivalent to 897 hp by our standards - assuming all four motors are running at peak output at the same time. That makes it the most powerful Lamborghini we've ever seen, and puts it in league with the McLaren P1 and LaFerrari. The result is a 0-62 time quoted at three seconds flat and a top speed of 199 miles per hour, or up to 78 mph in pure electric mode.