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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.

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.

Lamborghini confirms next-gen Aventador and Huracan to be PHEVs

It's official, Lamborghini CEO Stefano Domenicali confirmed to Top Gear magazine that the next-generation Aventador and Huracan will get plug-in hybrid powertrains. Autocar reported last October that the next Huracan would get "next-generation" batteries to aid its naturally aspirated V10 when it debuts around 2022. The fate of the Aventador S's successor, however, was unclear beyond the certainty of it featuring a mid-mounted V12. Now we know it will get a naturally aspirated V12 with electric help when it arrives in 2020 or so, and both cars will boast a small all-electric range. Top Gear imagined how much each coupe could gain — both in weight and in power — by mating each car's current engine with the 134-horsepower electric motor and 14-kWh lithium-ion battery pack from the Porsche Panamera Turbo S e-hybrid. TG figures the Aventador S replacement would go from 730 hp and 508 pound-feet of torque to 860 hp and 566 lb-ft. That's the good news. The bad news is that Porsche said the hybrid system adds 661 pounds to the weight of the Panamera. Tack that onto the Lamborghini, and an Aventador S goes up a weight class to 4,354 pounds. The new Huracan output stretches from 602 hp and 412 lb-ft to 728 hp and 471 lb-ft, and 3,796 pounds. Judged on the results of that purely imaginary fancy, Top Gear says the numbers "well and truly stack up." We think that given the chance to add 130 horsepower at the price of putting a Harley-Davidson Fat Boy in the trunk — or the weight of second complete engine — we might ask if there were other tradeoffs available. We're certain Lamborghini's working all the angles, though, and confident the Sant' Agata carmaker will translate its actual figures into another duo of brutal, bewitching sports cars. The brand is looking beyond the near-term hybrids to what could come after, as well. Domenicali said he doesn't believe there will be sufficient potential in electric powertrains until 2026, but he's ready with concepts like the Terzo Millennio whenever the powertrains are. Lamborghini's also working with the Massachusetts Institute of Technology to "write an important page in the future of super sports cars for the third millennium," suspected to center on lightweight materials, solid-state batteries, and alternative fuels. On that last note, Domenicali's already eyeing the potential of using hydrogen fuel cells in the distant future.