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Lamborghini and Bentley may hold off on SUVs so VW can conserve cash

After surveying the European economic scene, Volkswagen may have decided now is not the time to launch utility vehicles with Bentley and Lamborghini badges. Bentley officials say they will continue to push for support for the EXP 9 F and Lamborghini CEO Stephan Winkelman has said planning for the Urus will continue until VW tells it to stop.
That decision could come on November 23, when VW's board will vote on the company's budget for equipment, factories and vehicles. With VW's sales slowing and the Euro economy slumping further, some industry watchers say the company is more likely to build its cash reserves than to introduce super-expensive luxury SUVs or crossovers.
"Such vehicles are anything but obligatory during a crisis," says Frankfurt-based Equinet AG analyst Tim Schuldt in a new Automotive News Europe story. "Delaying their launch would be no drama but help save costs."

VW pulls Lamborghini and Bentley from the Paris Motor Show

It's been slightly more than a year since the news that Volkswagen had intentionally cheated on diesel emissions testing broke. Since then, the company's reputation and image have suffered and it has struggled to regain its footing and composure. The automaker is shelling out billions in fines, so cost cutting is inevitable. Today, Reuters reports that Volkswagen subsidiaries Lamborghini and Bentley won't bring their elaborate displays to the Paris Motor Show next week. Auto shows can cost automakers millions of dollars, especially for supercar and luxury car brands that constantly try to compete and one-up with each other. Much of the money and fanfare goes to catering the media, and if an automaker has nothing new to reveal it can be difficult to justify the expense. The company told Reuters that it plans to attend smaller events that focus more on potential buyers. The Volkswagen group as a whole has shifted it's focus, both when it comes to products and auto shows like Paris. Next week, the automaker will be focusing on electric vehicles and electromobility. The company plans to reveal a new EV with 373 miles of range, eclipsing both the Tesla Model 3 and Chevy Bolt. Volkswagen has plans for 30 new electric vehicles by 2025. Lamborghini and Bentley aren't the only major automakers skipping Paris. Ford, Volvo, and Aston Martin have all decided to save money and focus their efforts elsewhere. Related Video:

Lamborghini Asterion LPI 910-4 is silent but deadly [w/video]

The weirdest thing happened last night. During the annual Volkswagen Group Night festivities, everyone waited in anticipation for the Lamborghini section of the press conference. It's usually a treat for the senses - cool to look at, backed up by a ferocious sound that bellows throughout the venue. But not this time. There was no music, there were no laser lights, and most remarkably, there was no sound. The Lamborghini Asterion LPI 910-4 drove onto stage under fully silent electric power. Audibly, at least, it was perhaps the most anti-climactic Lambo introduction we've ever witnessed.
And that's the big story with this new Lamborghini concept: it's a plug-in hybrid. Of course, it's still a product of the storied Italian supercar maker, so that electric powertrain is mated to a 5.2-liter V10, and total system output is rated at a staggering 910 horsepower. It'll run up to 31 miles on pure electric power at speeds of up to 78 miles per hour, and its 0-62 time is estimated to be three seconds flat. Top speed? 199 mph. In other words, it may be capable of silence, but it still carries a stick, and it's still very much a Lambo.
So will the company actually build something like this? Right now, it doesn't look likely. Back in August at the Pebble Beach Concours d'Elegance, Autoblog spoke with Lamborghini boss Stephan Winkelmann about the then-off-the-record Asterion concept, who told us that if the automaker should choose to expand its model range, the bigger priority right now would be the Urus crossover. This is merely just a way to show how Lamborghini might present a gasoline-electric vehicle. And after scoping it out in person here at the Paris Motor Show, we have to say, it's cool. The styling is a bit softer and understated compared to the audacious Aventador or angular Huracán. But it still has quite a presence and it's still very much a Raging Bull.