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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

Would you pay Lamborghini Aventador money for a Countach?

This pair of Lamborghini Countaches going up for auction at Silverstone are both anticipated to sell for around GBP300,000, which is equivalent to over $400,000. For that kind of money, you could buy a new Aventador – which only goes to show that supercars like the ones we had posted on our childhood bedroom walls are coming of age, and that some members of that generation have evidently done better financially than others. The red example is a 25th Anniversary edition, arguably the ultimate version of the Countach with all its squared-off vents, slats, and miscellaneous aerodynamic appendages. This particular example belonged to Cleo Roberts, wife of Carroll Shelby, and it's the first time it's going up for sale in 16 years. Joining it is an earlier Countach 5000 S in white that once belonged to a Saudi Prince. This variant was even more rare than the 25th Anniversary edition (with 320 made versus 627), boasts royal pedigree, and recently underwent a thorough restoration. So even with more miles on the clock (30,000 versus 8,000), it's expected to bring in slightly more once the two cross the auction block at the famed British racing circuit later next month. Related Video: PAIR OF SPECIAL LAMBORGHINIS COULD BE YOURS Two very special Lamborghini Countachs have recently joined Silverstone Auctions' May Sale, taking place on Friday 20th May at Silverstone race circuit. The first of the two examples is a 1989 Lamborghini Countach 25th Anniversary edition, one of just 627 made to celebrate Lamborghini's 25th birthday, and the most refined and powerful version of the Countach produced before it was superseded by the Diablo. Designed by none other than Horacio Pagani, creator of the iconic Zonda, the 25th Anniversary edition features bespoke wheel arch extensions, extended air intake ducts and a new rear engine cover design, as well as increased torque and performance with a top speed of 185mph. Now offered for sale for the first time in 16 years, this particular right-hand drive example was previously owned by Cleo Roberts, who went on to become the wife of legendary automotive designer, racing driver, and entrepreneur Carroll Shelby. This highly collectible Lamborghini is expected to achieve GBP250,000 to GBP300,000 at auction having covered just 8,000 miles from new, and is presented today in excellent condition and finished in its original colour combination of Rosso with Bianco leather.

Lamborghini Miura, Porsche 911 highlight Techno Classica

Visitors to the Techno Classica show in Germany this weekend were treated to the spectacle of all manner of classic cars under the roof of the Messe Essen. Not surprisingly, the Volkswagen Group was well represented, with the historical departments of two of its flagship marques showcasing their in-house restoration projects – albeit in radically different states of repair. While Porsche brought a completely restored example of a particularly storied 911, Lamborghini went the opposite route by displaying the bare body-in-white for a Miura. With the Miura now celebrating its 50th anniversary, Lamborghini's recently launched PoloStorico division is in the process of restoring several examples. Chassis #5030 is a Miura SV that, as you can see, is still in the middle of its refurbishment, its frame corrected but still unfinished – but that didn't stop the Raging Bull marque from putting it on display. It was joined by the freshly completed green example (chassis #4846) that was the department's first project, as well as the engine from a Miura P400S. Meanwhile, Porsche Classic arrived with a lovely 911 2.5 S/T, the precursor of the 911 RSR. One of only 24 examples made, this particular vehicle won its class at Le Mans in 1972 at the hands of works driver Jurgen Barth (who would alter claim victory overall in '77). It was rediscovered in poor health decades later by a collector, who commissioned Porsche Classic to bring it back to life. The task proved monumental, the vehicle having been modified, crashed, rusted, and used as a playground for children. Both vehicles aptly demonstrate the kind of care that these manufacturers' own restoration departments put into preserving their company's legacy. If you weren't in Essen this weekend to see them first-hand, you can check them both out in the pair of image galleries. Related Video: LAMBORGHINI POLOSTORICO AT TECHNO CLASSICA 2016: RESTORATIONS CELEBRATE MIURA 50TH ANNIVERSARY Lamborghini PoloStorico is at Techno Classica in Essen, 6-10 April 2016, celebrating the Miura's 50th anniversary and illustrating its scope of expertise in restoring classic Lamborghini models. Showing the original Miura SV first unveiled at the 1971 Geneva Motor Show and the subject of a full restoration by Lamborghini PoloStorico, the stand also displays a Miura chassis demonstrating work in progress and a fully overhauled Miura engine.