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Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video:

Jay Leno's Garage gets agrarian with Lamborghini tractor

Stepping away from the trendy and arcane, the next guest in Jay Leno's Garage is a 1968-69 Lamborghini R485 tractor. In case there's anyone who doesn't know, the same Ferruccio Lamborghini ultimately responsible for giving us the Aventador started off making tractors in his native Italy after World War II.
The specs are a long way from anything we'd expect from the company's road-going products. The vineyard and orchard tractor has a 5.0-liter, four-cylinder engine that produces 85 horsepower and 350 foot-pounds of torque, a two-foot clutch and 12 forward gears that get it from 0.3 miles per hour to 14 mph. It's also got a starter motor from a Countach.
There's a whole lot more interesting info on the farm implement, the man who built it and the man who currently owns it in the episode below.

This is the fully uncovered Lamborghini Huracan Performante

We already knew that the Lamborghini Huracan Performante is absurdly quick at the Nurburgring, where the company claims it lapped the track faster than the Porsche 918 Spyder. Now Lamborghini has released specifications and photos of the car. It seems a little more power, active aerodynamics, and other fine tuning turned the Huracan into a track monster. Immediately apparent from the outside are the new aerodynamic devices and molded carbon fiber pieces. The latter include the hood over the engine, front and rear spoilers, the rear bumper, and the rear diffuser. Together, they help the Performante lose about 88 pounds compared to the standard Huracan. The front and rear spoilers also have fancy electrically-actuated flaps to adjust aerodynamics. At the front, a pair of flaps rest on the top side of the front spoiler, and at the back, two air channels can be opened or closed to change airflow at the rear wing, optimize downforce, or reduce drag. The rear flaps can also be opened and closed separately for the left and right. According to Lamborghini, they can be used to increase downforce on one side of the car to counteract the affects of load transfer in corners. For example, if the car was turning left, and the body began rolling to the right, the flaps could be set so that downforce increases on the left, keeping the car flatter in the corner. Lamborghini has also improved almost every other mechanical part of the car. The V10 now makes 640 horsepower and about 443 lb-ft of torque. The suspension has stiffer springs and anti-roll bars combined with either the standard, conventional shocks, or optional magnetorheological shocks. Power is sent to all four wheels, all four of which are forged and available in two different designs. They're shod in the buyers choice of Pirelli P Zero Corsas, or barely street-legal Trofeo Rs. Altogether, these changes allow the Performante to reach 62 mph in 2.9 seconds and hit a top speed of about 202 mph. Finally, this Huracan Performante is appropriately wild looking. The giant wing, massive exhaust tips, and Italian colors along the door all make this Lamborghini visually outlandish. The interior also receives exposed molded carbon fiber throughout to make sure its occupants never forget this is a fast, hardcore Lambo. It should also help justify the Performante's $274,390 pricetag, if the 'Ring time isn't enough. The first cars will arrive to customers this summer. Related Video: This content is hosted by a third party.