2012 Lamborghini Lp570-4 Performante Convertible Msrp $300k+ Egear 3800 Miles $$ on 2040-cars

Auto blog

Lamborghini has been developing an IPO strategy 'for a long time'

Porsche AG isn’t the only Volkswagen AG brand that has been quietly preparing for a potential initial public offering. Italian luxury-car maker Lamborghini has been developing a strategy how to present itself to stock-market investors since well before Volkswagen asked each of its brands to come up with virtual equity stories, according to the unitÂ’s Chief Executive Officer Stephan Winkelmann. “WeÂ’ve been working on this with other agencies in order to create clarity,” Winkelmann said. “As a brand, weÂ’ve done so for a long time, to show what worth, what value we have. Up until a little while ago, it wasnÂ’t so well known.” Porsche became EuropeÂ’s most valuable automaker last month, when its market capitalization overtook that of VW a week after its IPO in Frankfurt. The debut of the 911 maker was a bold move into public markets, which have been largely shut for most of the year. VW CEO Oliver Blume has said he sees the listing as a blueprint to unlock more value from the groupÂ’s brands that also include Audi and Bentley. “An IPO drill is exactly what you do to show the public how solid you are and what is in progress for the future,” Winkelmann said. “We have a clear story and strategy for that.” Audi, which oversees VWÂ’s premium brands, said last month there are no concrete plans for an IPO of Lamborghini. A previous push to potentially spin off the carmaker and motorcycle brand Ducati ran into opposition from labor leaders. Still, LamborghiniÂ’s recent profit gains -- including a 31.9% operating margin in the first half of this year -- make a solid case for a stock-market listing, said Michael Dean, an analyst at Bloomberg Intelligence. “An IPO is something that could potentially happen in the next 18 months, depending on market conditions,” Dean said. “A ˆ15 billion valuation is entirely justifiable and could be even higher, given the margin metrics.” LamborghiniÂ’s deliveries rose 8% to 7,430 vehicles in the first nine months of the year. Operating profit climbed 69% to ˆ570 million ($567 million). Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini teases Huracan Sterrato tackling terrain

Drive like a prince: Join us for a walk through Monaco's car collection

Small, crowded, and a royal pain in the trunk lid to drive into during rush hour, Monaco sounds like an improbable location for a huge car museum. And yet, this tiny city-state has been closely linked to car culture for over a century. It hosts two major racing events every year, many of its residents would qualify for a frequent shopper card if Rolls-Royce issued one, and Prince Rainier III began assembling a collection of cars in the late 1950s. He opened his collection to the public in 1993 and the museum quickly turned into a popular tourist attraction. The collection continued to grow after his death in April 2005; it moved to a new facility located right on Hercules Port in July 2022. Monaco being Monaco, you'd expect to walk into a room full of the latest, shiniest, and most powerful supercars ever to shred a tire. That's not the case: while there is no shortage of high-horsepower machines, the first cars you see after paying ˆ10 (approximately $11) to get in are pre-war models. In that era, the template for the car as we know it in 2023 hadn't been created, so an eclectic assortment of expensive and dauntingly experimental machines roamed whatever roads were available to them. One is the Leyat Helica, which was built in France in 1921 with a 1.2-liter air-cooled flat-twin sourced from the world of aviation. Fittingly, the two-cylinder spun a massive, plane-like propeller. Government vehicles get a special spot in the museum. They range from a Cadillac Series 6700 with an amusing blend of period-correct French-market yellow headlights and massive fins to a 2011 Lexus LS 600h with a custom-made transparent roof panel that was built by Belgian coachbuilder Carat Duchatelet for Prince Albert II's wedding. Here's where it all gets a little weird: you've got a 1952 Austin FX3, a Ghia-bodied 1959 Fiat 500 Jolly, a 1960 BMW Isetta, and a 1971 Lotus Seven. That has to be someone's idea of a perfect four-car garage.  One of the most significant cars in the collection lurks in the far corner of the main hall, which is located a level below the entrance. At first glance, it's a kitted-out Renault 4CV with auxiliary lights, a racing number on the front end, and a period-correct registration number issued in the Bouches-du-Rhone department of France. It doesn't look all that different than the later, unmodified 4CV parked right next to it. Here's what's special about it: this is one of the small handful of Type 1063 models built by Renault for competition.

Lamborghini-powered Vector M12 supercar is ultra rare, obscure, and for sale

It's an excellent week for fans of obscure American supercars that never really took off. One of the seven Falcon F7s built is currently being auctioned on Cars & Bids, and one of the 14 Vector M12s made will cross the auction block during Barrett-Jackson's Scottsdale sale taking place in March 2021. Better yet, it's offered with no reserve. Finished in black with a gorgeous red leather interior, this M12 was designed and built for the Prince of Brunei, according to Barrett-Jackson boss Craig Jackson. High-end cars that end up in Brunei rarely leave the microstate. The Sultan's collection allegedly includes more than 7,000 luxurious vehicles that are almost never shown to the public, yet this M12 somehow returned to the United States and found its way into the Larry Winkler collection. Although it has traveled around the world, this M12 has evidently been driven sparingly. Its odometer shows merely 2,160 miles, and they're claimed to be original. Barrett-Jackson also points out that it received a major, engine-out service in November 2019 during which the clutch was replaced and an upgraded ceramic flywheel was installed. Interestingly, the interior was also redesigned to make it easier for taller drivers to take the wheel. Power comes from a 5.7-liter V12 engine borrowed from none other than the Lamborghini Diablo. It develops 492 horsepower and 425 pound-feet of torque, and it spins the rear wheels via a five-speed manual transmission built by ZF. Vector pegged the M12's zero-to-60-mph time at 4.5 seconds, an impressive number in the 1990s. In comparison, the standard Diablo's zero-to-60-mph time hovered around four and a half seconds, too. M12s rarely trade hands, and they're not cheap when they do. When this example crosses the auction block in March 2021, the market will decide what it's worth, because there's no reserve. The highest bidder will take it home, regardless of where bidding stops. If you want a shot at adding it to your collection, you can register to bid online. Auto News Lamborghini Coupe Performance Supercars Classics