2007 Lamborghini Gallardo Spyder on 2040-cars

Auto blog

Valentino Balboni launches Lamborghini parts company

After 40 years of helping Lamborghini develop some of the greatest supercars on the road, former test driver Valentino Balboni is going back to work. Balboni recently unveiled his own company, aptly named VB, which will specialize in aftermarket components for Lamborghinis. VB's first matter of business is to give Lamborghini's most hardcore supercar a better sound. Set to launch at the Concorso Italiano during this year's Pebble Beach Concours d'Elegance week, VB's first aftermarket part is a titanium exhaust system for the Lamborghini Aventador LP-750 SV. The titanium exhaust system weighs in at 13.8 pounds and is a bolt-on part that uses OEM mounts. Each exhaust system takes over 350 hours to make and will be limited to a production run of 30 units. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Pricing for the exhaust system hasn't been announced, but drivers with the means to pay hundreds of thousands of dollars for an Aventador SV should be able to afford some aftermarket goodies. Balboni has an extensive history with Lamborghini. After starting as a mechanic's apprentice, Balboni went on to become a test driver at Ferruccio Lamborghini's request. Before retiring in 2009, Balboni was said to have driven roughly 80 percent of the automaker's entire production. Lamborghini even named a supercar after him, the 2010 Lamborghini Gallardo LP550-2 Valentino Balboni, as a way of saying thank you. It looks like Balboni isn't done with Lamborghini, yet, and VB's titanium exhaust system for the Aventador SV should be an aural delight. Related Video: Featured Gallery VB Lamborghini Aventador SV Exhaust System Related Gallery Lamborghini Aventador LP 750-4 Superveloce: Geneva 2015 View 21 Photos News Source: Facebook, Valentino BalboniImage Credit: Valentino Balboni Auto News Aftermarket Lamborghini Performance exhaust system valentino balboni lamborghini aventador sv lamborghini aventador lp 750-4 superveloce

Bertone goes bust

The famous Italian coachbuilder and designer Bertone may be on its deathbed. The company that penned the beautiful shape of the Lamborghini Miura has been facing financial hardships for months, and Autocar is reporting that the Turin, Italy firm has just declared bankruptcy. The last we heard from Bertone, it was showing the Jet 2+2 station wagon based on an Aston Martin Rapide at the 2013 Geneva Motor Show. The Turin-based carrozzeria became famous for its wild designs like the BMW Spicup concept, Lancia Stratos and the initial shape of the Lamborghini Countach. In recent years, it had been limited to creating mostly one-off vehicles. The company has slowly been shrinking recently. It sold its small factory to Fiat a few years go and let go of 165 employees and 10 interns in December. Bertone has been shopping itself in hopes of finding a new owner. According to PistonHeads, even with the money problems, the business generated 20-million euros ($27.9 million) in revenue in 2013 and has been working on projects in China. A Turkish firm was rumored to be interested in buying it for just $2.7 million, and GT Spirit claims that there are also seven Italian companies potentially interested in purchasing it. Bertone has a long and proud automotive history, and it wouldn't be surprising if it were bought just for the value of the brand – perhaps we haven't seen the last of its stylized B logo. Featured Gallery Bertone Jet 2+2: Geneva 2013 View 10 Photos News Source: Autocar via Pistonheads, GTSpiritImage Credit: Copyright 2014 Drew Phillips / AOL Design/Style Hirings/Firings/Layoffs Plants/Manufacturing BMW Lamborghini Lancia Concept Cars Luxury Special and Limited Editions Performance Classics bertone lamborghini miura Lamborghini Countach

11 exotic cars seized by Indian authorities for tax evasion

On Sunday, road transport officials in India intercepted a convoy of 15 supercars out for a drive in Hyderabad. By the time the traffic stop had ended, 11 of the luxury and sports cars had been seized. Cars involved included those made by Lamborghini, Ferrari, Porsche, Rolls Royce, and Maserati. According to The Times of India, the 11 confiscated vehicles were impounded on charges of tax evasion. In India, the so-called "life tax" applies to all motor vehicles, but each state levies their own rates. In Telangana state, where the 6.8 million-large city of Hyderabad is located, taxes are more expensive than other states. The seized cars – estimated by The Times to be worth between $500,000 and $1.3 million a piece – were registered in states where the life tax rates are cheaper, the article reports, while authorities say that the cars had been operating on Hyderabad's roads. Authorities had been following the cars on CCTV for six months prior to Sunday's traffic stop. In addition to the tax issues, some of the cars had outstanding traffic violations as well. "They have been living and playing in Hyderabad. We have enough evidence for it," said Papa Rao, the enforcement team leader who led the seizure. Rao had another message for those who might be bankrolling the drivers. "We are also requesting the parents of the youngsters to ensure that these youngsters do not speed." According to the news outlet, the drivers were between 25 and 35 years old. In recent years, there's been talk in India of creating a single, country-wide road tax. While the move will help reduce confusion for car buyers, one of the goals is also to close the loophole of paying taxes in states with lower rates. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2022 Lamborghini Countach LPI 800-4 revealed