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Bertone goes bust

The famous Italian coachbuilder and designer Bertone may be on its deathbed. The company that penned the beautiful shape of the Lamborghini Miura has been facing financial hardships for months, and Autocar is reporting that the Turin, Italy firm has just declared bankruptcy. The last we heard from Bertone, it was showing the Jet 2+2 station wagon based on an Aston Martin Rapide at the 2013 Geneva Motor Show. The Turin-based carrozzeria became famous for its wild designs like the BMW Spicup concept, Lancia Stratos and the initial shape of the Lamborghini Countach. In recent years, it had been limited to creating mostly one-off vehicles. The company has slowly been shrinking recently. It sold its small factory to Fiat a few years go and let go of 165 employees and 10 interns in December. Bertone has been shopping itself in hopes of finding a new owner. According to PistonHeads, even with the money problems, the business generated 20-million euros ($27.9 million) in revenue in 2013 and has been working on projects in China. A Turkish firm was rumored to be interested in buying it for just $2.7 million, and GT Spirit claims that there are also seven Italian companies potentially interested in purchasing it. Bertone has a long and proud automotive history, and it wouldn't be surprising if it were bought just for the value of the brand – perhaps we haven't seen the last of its stylized B logo. Featured Gallery Bertone Jet 2+2: Geneva 2013 View 10 Photos News Source: Autocar via Pistonheads, GTSpiritImage Credit: Copyright 2014 Drew Phillips / AOL Design/Style Hirings/Firings/Layoffs Plants/Manufacturing BMW Lamborghini Lancia Concept Cars Luxury Special and Limited Editions Performance Classics bertone lamborghini miura Lamborghini Countach

As VW electrifies, it questions the role of Lamborghini, Bugatti, Ducati

FRANKFURT — Volkswagen needs to change to stay relevant in the electric and digital vehicle era and will announce "important steps" to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. "Volkswagen needs to change: From a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering — to a digital company that reliably operates millions of mobility devices worldwide," Diess told shareholders at the company's virtual general meeting. Vehicles need to stay in contact with customers, offer new services and comfort functions on a weekly or even daily basis, he said. "We will take further important steps to set the course for this in the rest of 2020," Diess said. Senior executives told Reuters the company is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play as the company increasingly focuses on electric, digital and autonomous vehicles. Volkswagen, which also owns VW, Audi, Porsche, Seat and Skoda, is looking at whether it has the resources to accelerate development of electric platforms for smaller brands at a time it is investing billions to transform its more mainstream cars. Asked whether Ducati, which is known for making noisy combustion-engined motorbikes, has an electric future, Markus Duesmann, who oversees research and development for the group, said: "It will not take long until we see an electric Ducati." Whether Ducati, which is a medium-sized premium motorbike brand, would offer an electric variant, depends on whether a bike could offer range comparable to a combustion-engined variant, Duesmann said. Advances are being made in battery technology which could make this possible, he added. Separately Frank Witter, the company's chief financial officer, in response to a question about whether a sale of Lamborghini is planned, said Volkswagen does not comment on speculation about potential divestments. Lamborghini's Chief Executive Stefano Domenicali this week announced his departure from the sports car maker to take on a new job as president of Formula One. VW needs cash Volkswagen is reviewing the future of these three high-performance brands as part of broader quest for more economies of scale as it shifts to mass producing electric cars, senior executives told Reuters.

The 2019 Lamborghini Urus, fastest SUV in the world, has landed

A Lamborghini has got to stand out from the crowd. In the supercar world, that means things like scissor-doors, massive wings, and almost impossibly wedge-shaped profiles. In the SUV world, standing out apparently means a dramatically descending roofline, a fascia with more cuts, contours, and creases than a bright yellow origami Pikachu. You certainly won't mistake the Lamborghini Urus for anything else on the road. That flavescent bodywork hides a 4.0-liter twin-turbocharged V8 sending a stout 641 horsepower and 627 pound-feet of torque through an 8-speed automatic transmission to all four wheels. It hits 62 mph in 3.6 seconds, and we anxiously await the first YouTube video showing an Urus lined up against a Jeep Grand Cherokee Trackhawk for ultimate SUV-acceleration bragging rights. With a top speed of 189.5 mph, Rambo Lambo Part Deux seemingly makes good use of all those aero bits to outrun the Trackhawk by a solid 10 mph, and the Bentley Bentayga by a razor-slim troika. The hi-po engine is backed up with standard carbon ceramic brakes, active roll control, and a torque vectoring rear differential. With all of these performance goodies employed, Lamborghini expects it to have a Nurburgring lap time that will break the Alfa Stelvio Quadrifoglio's outstanding 7:15 time. 2019 Lamborghini Urus View 11 Photos We can't imagine many owners taking an Urus off road, but Lamborghini cites the low-down torque of the turbocharged V8 as an off-pavement benefit. And, in addition to the expected modes of Strada, Sport, Corsa and Neve (a typically Italian stand-in for Snow), there are Terra (off-road) and Sabbia (sand) modes. Each sportier road mode lowers the air suspension, and the off-road modes raise the suspension for ground clearance. Rear-wheel steering based on the system from the Aventador S can change steering angle between positive and negative 3 degrees, and it is likely to come in handy no matter what kind of terrain you're traveling. Lamborghini has expanded its factory in Sant'Agata in order to ramp up production on the Urus, which, when it goes on sale in 2018 as a 2019 model with a pricetag of about $200,000, is expected to be the marque's bestseller. In fact, the Group are hoping that it will eventually double annual global sales, from 3500 to 7000. The SUV market is currently booming, and Lambo plans other variants of this model, including its first plug-in hybrid, so this seems within the realm of possible.