2013 Lamborghini Gallardo Lp550-2 on 2040-cars

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Lamborghini profiled on 60 Minutes for 50th anniversary

Even though we (meaning car enthusiasts as a whole) don't spend our days driving Lamborghinis, they're somehow a familiar, known quantity. We know we'll be wowed by a Lambo, and we have a pretty fair idea of what the sound and acceleration feel like. We know a Lamborghini is going to be wildly expensive, hopelessly impractical and eye-wateringly thirsty, but the charm that comes with the badge outweighs everything else.
We also recognize that we, as enthusiasts, are in the minority, and that the average joe is likely to be far more blown away by a Raging Bull than the average gearhead. That's what makes this an entertaining video. 60 Minutes explored Lamborghini right in the midst of its fiftieth anniversary, testing a Gallardo at Imola, tearing across the roads of Italy in an Aventador and exploring the Sant'Agata factory where all the magic happens. It's a bit of a long video, but it's a really fascinating look at how the mainstream views something extreme. Take a look below for the full, 12-minute clip.

LAPD now on patrol with its own Lamborghini Gallardo

Last year, the Dubai Police made news by purchasing a string of supercars to act as patrol vehicles around the city. Apparently, a generous family in Los Angeles thought that the LAPD needed to keep up with the Joneses, because they recently donated use of their Lamborghini Gallardo. Unfortunately, you won't be seeing the Italian coupe in any high-speed chases, as it's being used exclusively for display at charity events.
The Lamborghini has arrived courtesy of Nathalie and Travis Marg, proprietors of telecommunications contractor Light Source 1 Inc. They approached the force with the idea to use the supercar because "they admire what the LAPD does for the community," said LAPD Sergeant Frank Preciado to Autoblog. Galpin Auto Sports was tapped for the custom wrap to make it look like a police car, and according to Sgt. Preciado, the police force can use the car indefinitely. Importantly, the LAPD says no tax dollars have been expended on this vehicle.
The LAPD Gallardo will be on display to the public at Los Angeles County Air Show on March 21-22, and Sgt. Preciado said the police have already received many inquiries to display the car at other events. The police have even set up dedicated Twitter and Instagram accounts to promote its newest addition. Too bad it won't be catching speeders anytime soon.

Audi CEO says brand's EVs are almost as profitable as its other cars

After, oh, a hundred years or so of building vehicles primarily powered by internal combustion engines, automakers around the world have been and still are pumping billions of dollars into the development of electric vehicle technology. Everything from platforms and batteries to motors and the software to control it all requires untold hours of development, and that takes time and money. Fortunately, it's not going to take long for that massive investment to start paying off, at least according to Audi CEO Markus Duesmann, who told Reuters in an interview that "The point where we earn as much money with electric cars as with combustion engine cars is now, or ... next year, 2023. They are very even now, the prices." As a brand, Audi contributed more than a quarter of overall profit for the massive Volkswagen Group, which has such powerhouse brands as Volkswagen and Porsche among others. Under the Audi umbrella are Lamborghini, Bentley and Ducati, and it seems those high-end branches aren't going anywhere, at least for now. "These brands ... are very valuable very profitable brands, where we can even expand the synergy level in the future," Duesmann said in the interview. "There are no plans whatsoever to get rid of them." Despite the overall profitability of the brand, the ongoing global chip crisis is causing headaches. "We had a very strong first half in 2021. We do expect a much weaker second half," said Duesmann, who added, "We really have trouble." In fact, so serious is the trouble that the brand is forced into "a day-to-day troubleshooting process" to limit the chip-shortage damage. The good news for the automaker is that Audi has been able to boost its profit margin from 8% prior to the pandemic in 2019 to 10.7% in the first half of 2021. The bad news is that various chip shortages aren't expected to get a whole lot better over the rest of the year. Related video: