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Ares Project Panther is a Lamborghini Huracan in DeTomaso Pantera's clothing

Ares is nothing if not ambitious. The Modena-based company specializes in low-volume, boutique reimagining of existing vehicles. That's not a terrible business to be in, if you can make money, and after all this is how many of the famous names in styling came about: Pininfarina, Ghia, Bertone, and Karmann. So far, Ares has announced many projects, including a two-door Bentley Mulsanne and a rebodied Mercedes-AMG G63 called the X-Raid, but the new Project Panther is the most ambitious yet. It appears to be a rebodied Lamborghini Huracan heavily inspired by the classic DeTomaso Pantera, although unlike that car it'll retain the Lamborghini V10 instead of adopting an American powerplant. Which is an odd choice, if you're into the Pantera – and frankly, an odd choice if you're into Lamborghinis. A completely unique body, not inspired by any other make, would certainly be a valuable one-of-one for a well-heeled car collector. But the Pantera? For years it was held in relatively low esteem, a relatively low-buck exotic that wasn't welcome at the local concours events. Its reputation has improved significantly in the last decade or so, but still, this is an odd marriage of convenience. At least it looks really sharp, with crisp lines and a classic Bertone feel without being too overly retro. Ares says the Panther is undergoing final testing at the company's facility in Modena, and will be available for purchase in late 2018. What's entirely unclear is how it all works. We assume a Panther buyer will need to drop off a brand new Huracan for conversion. What happens to the Huracan's existing bodywork? Perhaps part of the business model is making a pretty penny by reselling panels for wrecked Huracans. Who knows? Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Volkswagen decides to keep Lamborghini and Ducati, transfers Bentley to Audi

Investors in the market for a high-end Italian manufacturer that peddles performance will need to keep looking. Volkswagen announced it will hang on to Lamborghini and Ducati in the foreseeable future. Executives in Wolfsburg, Germany, are making far-reaching changes to the Volkswagen Group to reboot it with a big focus on technology. Credible rumors claimed that the people in charge of the carmaker wanted to carve out Lamborghini — which owns Ducati — and ultimately list it, or at least a chunk of it, on the stock market in order to fast-track the group's electrification strategy. Going electric is expensive, so selling Lamborghini would have helped fund the expansion, and high-octane supercars don't easily go hand-in-hand with zero-emissions cars. "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," summed up Herbert Diess, the group's boss, during a September 2020 meeting. His team ultimately decided not to fully divest both brands. It's too early to tell whether part of Lamborghini will be listed on the stock market, as some insiders have suggested, or if those plans are off the table, too. Changes are coming to Bentley as well. While it's not being spun off either, it will fall under the Audi umbrella starting on March 1, 2021. Volkswagen explained linking the two companies will "allow for synergies to be achieved as part of the electrification strategy of the two premium brands," a statement which suggests they will share a growing number of components during the 2020s. Unverified rumors claim that Bentley will notably get its own version of an ultra-luxurious electric SUV code-named Landjet that Audi is currently developing. We've reached out to Bentley for more details, and we'll update this story if we learn more. Bugatti's future wasn't mentioned in the release; unconfirmed reports suggest it will be traded for a stake in Croatian start-up Rimac. Volkswagen's supervisory board also reaffirmed its support for Diess, who was appointed CEO in 2018 and who has played a significant role in the company's transformation. Finally, the board approved the development of what a statement refers to a future leading electric vehicle sold by the Volkswagen brand that will be developed and manufactured in Wolfsburg.

Lamborghini debuting limited-edition hypercar soon?

Rumor, anonymous sources, and Internet probing point to Lamborghini preparing a new limited-edition hypercar in the vein of the Centenario, Veneno, and Sesto Elemento. At the Frankfurt Motor Show last year, the carmaker's head of R&D told Car Advice, "Soon we will present to our most important customers a new version of what we call a one-off." The Supercar Blog reports Lamborghini did just that a few weeks ago at a private event in Italy. An anonymous source said the vehicle is codenamed LB48H, and looks like the 2017 Terzo Millennio concept. Assuming all of this is true, whatever's coming won't be a genuine one-off. Remember, the Sant' Agata brand made 40 Centenarios, four Venenos, and 20 Sesto Elementos. The only true one-off for recent sale was the 2012 Aventador J. According to The Supercar Blog, Lamborghini will make 63 of this newest revelation. We checked the production runs for every Lamborghini, no previous model got exactly 63 units. But the company started production in 1963 with the 350 GTV. The same way the Centenario referenced the 100th anniversary of Feruccio Lamborghini's birth, the LB48H could celebrate the company's beginnings in the second millennium — a natural tie-in with the Terzo Millennio (Third Millennium) inspiration. The name, and an Instagram post, bolster suspicions. Lamborghini's already said the next-gen Aventador due in 2020 and Huracan due in 2022 will get naturally-aspirated engines with hybrid power. We also know alphanumeric Lamborghini vehicle names identify aspects of the car. In the hybrid Asterion LPI 910-4 concept from 2014, the LP stood for longintudinale posteriore, as with current production models, the I stood for the Italian word for hybrid, Ibrido, the 910 for the horsepower. With the LB48H, we take the the L we know, we'll take the H for Hybrid. So what do the B and 48 represent? On June 18, Miguel Costa, who appears to head Lamborghini's Lisbon, Portugal dealership, published an Instagram post that said, "We made it possible! Soon!" For hashtags, he wrote, #masterpiece, #lamborghini, #lamborghinilisboa, and #lb48h. The #masterpiece and #lb48h hashtags soon disappeared from the post. When Jalopnik asked Lamborghini about the situation, the automaker said, "We are not confirming this." The Italian automaker uses these specials to preview design and technology elements headed for the range; the Centenario introduced rear-wheel steering that made its way to the Aventador S, for instance.