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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.

Recharge Wrap-up: Energica Ego drag race video, GM recycles Flint Crisis water bottles

Watch the electric Energica Ego streetbike face off against a race-spec Kawasaki and Lamborghini. First, the street-legal EV bike takes on the Pedercini Racing World Superbike Kawasaki ZX-10R. While they're about equally matched in 0-62 mph acceleration (at three seconds), the race-spec Kawasaki appears to finish first. It's a closer finish compared to the stock version of the bike. The Energica, however, leaves the Lamborghini Gallardo LP570 Super Trofeo far behind in the quarter mile. Watch the video above, and if you're hungry for more, watch the Energica Ego take on a Tesla and a Ferrari in an earlier video. GM is recycling 2 million water bottles from the crisis in Flint, Michigan to make coats for the homeless, engine covers, and air filters. The bottles are an addition to the automaker's ongoing Do Your Part recycling program. Of the 2 million bottles being transformed into other products, a number will become engine covers for the Chevrolet Equinox V6, while others will be turned into air filters for 10 GM manufacturing facilities. The most novel and noble use, though, will be to turn the recycled plastic fleece into coats for the homeless. The coats themselves – which are made by formerly homeless women through The Empowerment Plan – transform into sleeping bags. Read more from GM. An urban mobility organization called the Transit Center is calling for simpler bus routes to make riding more bearable. Using the hastag #StraighterIsGreater, the group has called upon citizens to share the most convoluted routes that lead to long, boring, inconvenient, and inefficient travel. The Transit Center believes smarter, simpler bus routes would improve commute times and help convince more people to use public transportation. There are certainly obstacles to streamlining routes while continuing to accommodate the most riders, though, but many people are sharing their favorite successful examples on Twitter. Read more from CityLab. Related Gallery Energica Ego: First Ride View 26 Photos News Source: YouTube: ih8u2be, GM, CityLab Green Motorsports GM Lamborghini Automakers Green Automakers Transportation Alternatives Motorcycle Electric Videos recharge wrapup

Santa upgrades to Lamborghini Gallardo, spreads joy in LA

We understand. It's hard to slow down and really take in the holiday season, so it often comes and goes in a blur. That's especially so in Los Angeles, where almost everything moves fast and you feel like a face in the crowd. Determined to keep up with the fast pace and be noticed, one Santa Clause and his "elf" assistant decided to upgrade their "sleigh" - to a Lamborghini Gallardo (no reindeer needed).
We commend Santa's choice in the beloved Lamborghini and think Los Angelenos did notice him (though we're not sure he wanted to be approached by Freddy Krueger up there). Head below to watch Santa and his helper spread holiday joy with V10-powered goodness.