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Autoblog Minute: Why Lamborghini approved the Urus SUV

Lamborghini looks to double its vehicle sales and workforce with the addition of the Urus luxury SUV. Autoblog's Mylencia Gillenwaters reports on this edition of Autoblog Minute, with commentary from Michael Austin. Show full video transcript text [00:00:00] Lamborghini looks to double its vehicle sales and workforce with the addition of the Urus luxury SUV. I'm Mylencia Gillenwaters and this is your Autoblog Minute. Lamborghini is the latest luxury sports car manufacturer to join the SUV game. Development of the Urus will see the Italian automaker make 500 new hires and build a new facility near its headquarters in Bologna, Italy. Lamborghini expects the Urus to [00:00:30] have a dramatic effect on annual sales, with a projected increase of 2,500 vehicles to 5,000 annually. The Italian automaker pushed hard for parent company Volkswagen AG to allow it to develop this important new model internally. For more, we go to Autoblog editor-in-chief, Mike Austin. [00:01:00] [MICHAEL AUSTIN INTERVIEW] With IHS Automotive reporting the sport utility segment up 88 percent since 2008, and high-end competitors like Bentley entering the fray, we'll see if Lamborghini's timing pays off or if families in need of blinding grocery hauling speed will shop elsewhere. For Autoblog, I'm Mylecnia Gillenwaters. [00:01:30] [Autoblog Minute logo] Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals.

Lamborghini Huracan LP 610-4 Spyder opens up in Frankfurt

The Lamborghini Huracan is still a fairly fresh member to the supercar scene, but at the Frankfurt Motor Show, Lamborghini is giving its wealthy clientele an open-air variant of the V10 with the newly unveiled LP 610-4 Spyder. The introduction finally gives the brand a natural successor to the discontinued Gallardo Spyder. Mechanically, buyers are still getting a Huracan with its 5.2-liter V10 pumping out 602 horsepower (the 610 in the name is in metric ponies) and 413 pound-feet. A seven-speed dual-clutch gearbox routes power to all four wheels. Performance is quite brisk, with the sprint to 62 miles per hour coming in 3.4 seconds and to a top speed of 201 miles per hour. One thing the hardtop obviously can't match is the power-retracting roof that can open up in just 17 seconds at speeds up to 31 mph. Lambo's designers didn't just take a saw to the top and go sip an espresso, either. The roofline is thoroughly resculpted behind the seats both for improved aesthetics and to direct airflow around the occupants. When the roof is down, it's easier to spot the new nacelles that run down the rear of the supercar. Ducts in those bits help reduce turbulence, and they look great too. Another cool touch is that the rear glass is power operated and can be opened to let the V10's roar into the cabin. The first Huracan LP 610-4 Spyders arrive in spring 2016. Lamborghini is setting prices in Europe at 186,450 euros before taxes ($210,111 at current rates). The actual US figure could be somewhat different, though. Related Video:

Italy to offer Lamborghini 100 million euros to build Urus

The Lamborghini Urus' prospects for production may have just received the impetus they need as the Italian government is preparing to offer significant incentives to produce the high-end SUV in the country. According to a report from Bloomberg, Prime Minister Matteo Renzi's government is prepared to extend as much as 100 million euros (approximately $112 million) – but not in cash. That'd be a bit much for the borderline bankrupt national government. Instead the motivation is reportedly being offered in the form of tax breaks and other such incentives. In exchange, Lamborghini would pledge to hire 300 new workers to build the crossover. The Urus, for those who may not recall, was a crossover concept which Lamborghini presented way back at the 2012 Beijing Auto Show. We caught a closed-door glimpse of it in New York shortly before its debut and saw it again in Monterey the following summer. Ever since, the Bolognese automaker has been petitioning its patrons at Audi and Volkswagen to give it the green light, but the Germans have been dragging their feet at the prospect of investing the necessary capital to pull it off. Lamborghini is reportedly hoping to get a final decision next month, and the government incentives could help it make the business case to its parent company. While the Italy's terms would require final assembly to take place in that country, much of the work could end up being done at the same plant in Bratislava, Slovakia, where the Volkswagen Touareg, Audi Q7, and Porsche Cayenne are built. Bentley is expected to undertake a similar process for its new Bentayga, with assembly to be finalized in the UK. Related Video: Featured Gallery Lamborghini Urus Concept: Monterey 2012 View 10 Photos News Source: BloombergImage Credit: Copyright 2015 Drew Phillips / AOL Earnings/Financials Government/Legal Plants/Manufacturing Lamborghini Crossover Performance tax incentives