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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.

Lamborghini to announce new Cabrera before Christmas

After ten long and sleek years of production, Lamborghini recently built its last Gallardo. But don't expect the Bolognese automaker to go without an entry-level model for long.
A few days ago, Lamborghini started teasing the Cabrera, as the Gallardo's successor is expected to be called. Now the latest intel suggests that Sant'Agata will announce the first details of its next ten-cylinder supercar before Christmas ahead of the car's official unveiling sometime in the new year.
The Cabrera is expected to follow a similar mid-engine, all-wheel-drive layout as the Gallardo it replaces, only this time producing 600 or more horsepower from its upgraded 5.2-liter V10 engine.

Lamborghini, Bentley recalling models with carbon-ceramic brakes

An issue involving carbon-ceramic brakes has prompted Lamborghini and Bentley to recall certain models so equipped. The problem, according to the National Highway Traffic Safety Administration, revolves around the stainless steel screws that secure the brake rotors, which are prone to corrosion when exposed to salty conditions.
The recall affects 2007-2009 Lamborghini Gallardo coupes and Spyders, 2006-2010 Murcielago coupes and Roadsters and 2007-2011 Bentley Continental GTs, GTCs and Flying Spurs. All in all, some 1,136 vehicles are subject to the recall in the United States, including 263 Gallardos, 404 Murcielagos and 469 Continentals. The fix seems simple enough, with local Lamborghini and Bentley dealers replacing the problematic screws with new ones. The recall follows two notices recently issued for Audis as well. For further details, see the trio of recall notices below.