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Audi reportedly shoots down $9.2 billion investor bid for Lamborghini
Wed, May 26 2021Volkswagen is open to divesting some of the brands in its portfolio, but it hasn't put a "for sale" sign on in front of Lamborghini's lawn yet. The firm allegedly shot down a big offer for the brand from a group of investors. Quantum Group SA, a newly-established holding company based in Zurich, Switzerland, made the non-binding offer in May 2021, according to anonymous sources who spoke to WardsAuto. The publication adds the group is ready to spend 7.5 billion euros (around $9.2 billion at the current conversion rate) to buy the entire Lamborghini division from Audi. The sale would include the brand, its intellectual property (like its trademarks and patents), its historic factory in Sant'Agata Bolognese, and its racing division. Full details about the proposed acquisition were closely examined by top Volkswagen executives, including company CEO Herbert Diess and Audi boss Markus Duesmann. While the offer sounds like it's neatly packaged, Volkswagen replied that it's not having a garage sale. "Lamborghini is not for sale. This is not the subject of any discussion within the group," a company spokesperson told industry trade journal Automotive News. These comments are in line with the ones made in December 2020. Quantum's aim wasn't to sever all ties with Volkswagen. It planned to turn Lamborghini into "a spearhead for innovation by consistently implementing new clean drivetrain technologies" across the range, a strategy that's already in the pipeline; Lamborghini announced it will electrify in the 2020s and launch its first series-produced EV. Investors also hoped to sign a five-year supply agreement with Audi, and to create what they called an Advanced Automotive Innovation Center headquartered somewhere in Lower Saxony, the German state Wolfsburg is in. In late 2020, when rumors about an imminent Lamborghini spin-off were rampant, Volkswagen stressed it had no plans to sell the Italian supercar manufacturer or to find a new home for Ducati, which Lamborghini owns. Unverified reports claim a chunk of the company could be listed on the stock market in a bid to raise revenue, however. Bugatti is another part of the Volkswagen empire that Diess and his team allegedly wanted to trade in to fund the group's pivot towards electric powertrains. In September 2020, reports claimed top executives had approved swapping the storied French carmaker and its assets for a significant stake in Croatia-based Rimac that would be transferred directly to Porsche.
Lamborghini Urus Performante Special Edition is likely not for you
Tue, May 16 2023Inspired by racing, the Lamborghini Urus Performante Special Edition is a limited-edition model created for the 40 enthusiasts who bought the Essenza SCV12. It stands out from the SUV it's based on with specific styling cues inside and out created by the Ad Personam division. Standard carbon fiber add-ons, including the panel between the rear lights, help set the Special Edition apart from the Urus Performante. These parts are left exposed to highlight the use of the weight-saving material, but the similarities between the 40 Special Edition models will stop there. Ad Personam, the brand's in-house department in charge of designing one- and few-off cars, created a livery that echoes the Essenza SCV12 and that's characterized by styling cues such as orange accents and black trim pieces on the lower part of the body. Lamborghini designers worked with Essenza owners to configure each Special Edition model, and many buyers created a matching pair; some of the designs are pictured in our gallery. Black brake calipers and 23-inch wheels come standard, though other options are available. The interior's layout hasn't changed, but many of the design details are specific to the Special Edition. The cabin is finished in a color called Nero Cosmus and upholstered in a blend of black leather and Alcantara. There's carbon fiber trim that's either glossy or matte depending on the buyer's preference, black anodized aluminum accents, as well as the Essenza's logo on the passenger's side of the dashboard. Two plates add a finishing touch to the look: one celebrates Lamborghini's 60th birthday and the other is engraved with the customer's name. While it would have been cool to pop the hood and come nose-to-nose with the Essenza's 830-horsepower V12, the Special Edition uses the same twin-turbocharged, 4.0-liter V8 as the standard Urus Performante. The engine develops 657 horsepower at 6,000 rpm and 627 pound-feet of torque from 2,300 to 4,500 rpm, and it spins the four wheels via an eight-speed automatic transmission. Hitting 62 mph from a stop takes 3.3 seconds (the Performante is the quickest member of the Urus range) and the SUV doesn't stop accelerating until it hits 190 mph. Pricing for the Lamborghini Urus Performante Special Edition hasn't been revealed, but the entire production run has been spoken for. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Lamborghini debuting limited-edition hypercar soon?
Fri, Jun 29 2018Rumor, anonymous sources, and Internet probing point to Lamborghini preparing a new limited-edition hypercar in the vein of the Centenario, Veneno, and Sesto Elemento. At the Frankfurt Motor Show last year, the carmaker's head of R&D told Car Advice, "Soon we will present to our most important customers a new version of what we call a one-off." The Supercar Blog reports Lamborghini did just that a few weeks ago at a private event in Italy. An anonymous source said the vehicle is codenamed LB48H, and looks like the 2017 Terzo Millennio concept. Assuming all of this is true, whatever's coming won't be a genuine one-off. Remember, the Sant' Agata brand made 40 Centenarios, four Venenos, and 20 Sesto Elementos. The only true one-off for recent sale was the 2012 Aventador J. According to The Supercar Blog, Lamborghini will make 63 of this newest revelation. We checked the production runs for every Lamborghini, no previous model got exactly 63 units. But the company started production in 1963 with the 350 GTV. The same way the Centenario referenced the 100th anniversary of Feruccio Lamborghini's birth, the LB48H could celebrate the company's beginnings in the second millennium — a natural tie-in with the Terzo Millennio (Third Millennium) inspiration. The name, and an Instagram post, bolster suspicions. Lamborghini's already said the next-gen Aventador due in 2020 and Huracan due in 2022 will get naturally-aspirated engines with hybrid power. We also know alphanumeric Lamborghini vehicle names identify aspects of the car. In the hybrid Asterion LPI 910-4 concept from 2014, the LP stood for longintudinale posteriore, as with current production models, the I stood for the Italian word for hybrid, Ibrido, the 910 for the horsepower. With the LB48H, we take the the L we know, we'll take the H for Hybrid. So what do the B and 48 represent? On June 18, Miguel Costa, who appears to head Lamborghini's Lisbon, Portugal dealership, published an Instagram post that said, "We made it possible! Soon!" For hashtags, he wrote, #masterpiece, #lamborghini, #lamborghinilisboa, and #lb48h. The #masterpiece and #lb48h hashtags soon disappeared from the post. When Jalopnik asked Lamborghini about the situation, the automaker said, "We are not confirming this." The Italian automaker uses these specials to preview design and technology elements headed for the range; the Centenario introduced rear-wheel steering that made its way to the Aventador S, for instance.
