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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

Lamborghini Huracan crashes, burns, splits in two in Chicago

A burned and broken sports car strewn across the streets of Chicago isn't a pretty sight. This past weekend, a Lamborghini Huracan was involved in an accident that literally split the car in half, sending bits of carbon fiber, plastic, and metal all across a busy intersection. Thankfully, the driver survived and was pulled from the car just moments before it went up in flames. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. It's unclear who or what started the accident, but it's clear that a telephone pole finished it. According to NBC 5 in Chicago, witnesses say a Lincoln MKS struck the Lamborghini, pushing it into the telephone pole. The pole then split the car in half, sending the rear half of the car into a nearby fence. The front half lay broken on the street, yards away from the rear. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Although the damage to the Huracan was severe, the passenger cell did it's job and protected the driver. Many modern, high-end sports cars like the Huracan or the McLaren 650S feature a carbon-fiber crash structure that's designed to protect the occupants in an accident like this. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Chicago police are still investigating the accident. Related Video:

The Lamborghini Huracan Performante lapped the Nurburgring in under 7 minutes

Lamborghini just released new footage of its Huracan Performante at the Nurburgring, and along with it some big news. The car managed to lap the 'Ring in a stunningly quick time of 6:52. That time puts it ahead of the Porsche 918 Spyder's record of 6:57 by a massive 5 seconds. It's also just 4 seconds shy of the Radical SR8LM, which barely qualifies as a street-legal car. Though the Huracan Performante isn't the first Lamborghini to crack the seven-minute mark at the Nurburgring, it's done it by the largest margin. The Aventador LP750-4 SV was the first Lambo under 7 minutes with a time of 6:59.73. Lamborghini hasn't released specifications for this new Huracan, but it reportedly produces 630 horsepower from a V10 engine, which is substantially less than its slower 740-horsepower Aventador SV sibling. Odds are it was helped on the track by lighter weight, and the reported active aerodynamics on-board. Check out the video above in its entirety. And then check back during the Geneva Show to see the full reveal of this monstrously fast Lambo. Related Video: