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If VW defaults on loans it may sell Bentley or Lamborghini

If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.

Richard Hammond helps terminally ill girl live pink Lamborghini dream

Emilia Palmer, an eight-year-old from Kimbolton, Herefordshire in England's West Midlands, suffers from a rare lung illness, requiring her to constantly be on oxygen. She made a request through Rays of Sunshine, which is like the Make-A-Wish Foundation, to get a ride in a pink Lamborghini, driven by everyone's favorite Hamster, Richard Hammond. And last Sunday, she got to do just that, escaping from her hospital just long enough to stop home and get a surprise visit.
Within days of receiving Emilia's wish, Rays of Sunshine found someone willing to donate a Lamborghini Aventador Roadster, and let the charity get it resprayed in an eye-searing, matte pink. The charity also managed to get Hammond to fly in for a personal visit with Emilia.
You can take a look at video of the meeting down below. You can also click over to Rays of Sunshine's website and donate, so that they can continue granting wishes for terminally ill children across the UK. Now, if you'll excuse us, we need to step away and get all this dust out of our eyes.

'World's Most Expensive Car Crash' results in 10 charged [w/video]

Justice is slowly being served to those drivers who were involved in a 10-car pile up in Japan last year that saw eight Ferrari models, one Lamborghini and three Mercedes-Benz vehicles hauled off for scrap. As you may recall, the lead driver lost control of his machine, pin balling into those following behind and doing some $4 million in damage in the process. Now the 61-year-old lead driver and nine others have had their cases sent to prosecutors.
The group are currently being charged with suspicion of violating traffic laws. We'll take a moment to wait for the laughter to die down before continuing.
Prosecutors claim the drivers were exceeding the speed limit and not paying attention to the road when the incident happened. Six people were injured in the dust up, but everyone survived. The group was on their way to a supercar event in Hiroshima. Feel free to watch the original news reports below.