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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

Lamborghini previews electric concept ahead of Monterey unveiling

Lamborghini will preview its first series-produced electric car (and the fourth member of its range) with a concept scheduled to break cover on August 18. It's keeping details about the model under wraps, but it published a dark teaser image that hints at what's in the pipeline. Posted on the Italian brand's social media channels, the picture shows what looks like the top of either a low-slung sedan or a big coupe. We're not 100% sure what we're looking at yet, but we're nearly certain that it's not a crossover. Instead, the silhouette vaguely reminds us of the Estoque, a close-to-production design study that could have morphed into a high-performance sedan but ultimately remained a concept. Keep in mind that this is pure speculation; Lamborghini's image doesn't show shut lines so we don't know whether the concept — whose name hasn't been revealed yet — has two or four doors. Officially, company executives have described the car as "a grand tourer with a 2+2 seating layout" developed to fill the gap between super-sport cars like the Revuelto and the Urus SUV. It will offer "comfortable" rear seats. If it's a coupe, the fourth model will land in a very small segment. While two-door models with a 2+2 layout were reasonably common in the 1960s and the 1970s, even in the Lamborghini range, they've all but disappeared in recent years. Some of the more notable torchbearers left include the second-generation Maserati GranTurismo, which is also offered with an electric powertrain, and the Bentley Continental GT. As for the drivetrain, we'll need to be patient to find out how Lamborghini plans to deliver an electric model that's as engaging to drive as its gasoline-powered cars. The brand has stressed that its fourth model will arrive as a standalone car, so it won't land as an electrified version of, say, the Huracan's replacement. We're betting it will be electric-only; we're not expecting this Bull will offer several powertrain options. More details about Lamborghini's next concept will emerge in the coming days, and its unveiling will take place on August 18. However, note that what you'll see in Monterey in a couple of days isn't necessarily what you'll see in showrooms when production starts later in the 2020s. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

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.