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Volkswagen may 'carve out' Lamborghini to list on the stock exchange

FRANKFURT — Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organize future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could be partially listed, with Volkswagen retaining a controlling stake, the first person familiar with the talks said. There is no formal decision to divest Lamborghini, a second source said, adding that the timetable of any deal remained unclear. "This is a first step which gives VW the option to list the unit further down the line," the second source told Reuters. A third source familiar with the discussions said the future of Bugatti, Lamborghini and Ducati was discussed during a supervisory board meeting last Friday. The possibilities for how to electrify the Lamborghini and Bugatti brands through partnerships and investors was discussed, the third source said. Bankers and potential cornerstone investors in an IPO have been approached by the carmaker, the sources said. Volkswagen declined to comment. Volkswagen Group's Chief Executive Herbert Diess on Wednesday said the carmaker will announce "important steps" about the company's future before the close of the year. Volkswagen is reviewing what role its high-performance brands Lamborghini, Bugatti and Ducati will play within the multi-brand carmaker as part of broader quest for more economies of scale, senior executives told Reuters. A global clampdown on combustion-engined vehicles has forced carmakers to accelerate development of low-emission technology for mainstream models, leaving Volkswagen managers struggling to find resources to electrify low volume sportscar models. Related Video:

Another Lamborghini Veneno for sale, this time for only $8m

There are some cars you expect to see coming up for sale often in the used car listings. Civics, RAV4s, F-150s... you know, the kind of car that they build by the thousand, build to sell, and build to last. More attention-grabbing for us, though, is when we see multiples of a rarer model coming up time and again in the same place. Like the Lamborghini Veneno, for example. The factory in Sant'Agata only made three of these coupes for public consumption, and each of them sold for about $4 million. So we were surprised when we saw one pop up on Mobile.de with a whopping $11 million price tag. But we were even more surprised to see another one for sale on the same site, just weeks later. Pictured with red details (instead of white like the last one), this example is listed as the first of the three made, with only 100 kilometers (62 miles) on the odometer. Its owner is asking ˆ7.1 million – equivalent to nearly $8 million at current exchange rates. That's about twice what Lamborghini charged in the first place, four times what it charged more recently for the new Centenario, and twenty times the price of the Aventador on which they're all based. But it's still a heck of a lot less than the $11 million asked for the last one. Of course, the seller can ask for however much he or she wants, but actually getting that price is quite another matter. Part of us gets the feeling that if someone were really that interested, the listings wouldn't still be up for weeks now. The other part is surprised some squillionaire somewhere in the world hasn't ponied up an even $20 million to take both home already. Related Video:

Meet the Lamborghini Hurac'an LP 610-4

The "610" in the Huracán's designation is the amount of power this new supercar packs.
This holiday season, Lamborghini has a very special gift for automotive enthusiasts - the all-new Huracán LP610-4, also known as the long-awaited replacement for the Gallardo.