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Rare U.S.-spec 1990 Lamborghini LM002 fetches $467,000 at auction

A rare "Rambo Lambo," an American-spec 1990 LM002 that was Lamborghini's first SUV and arguably the first high-performance sport utility, has sold at auction in New York for $467,000. RM Sotheby's says the luxury ute, which has 19,153 miles on the odometer, underwent a comprehensive five-year mechanical and cosmetic restoration and was originally priced at $158,000 when it arrived in the U.S. through a Florida port of entry. The auction sale price is more than twice the cost of the new Urus, the sleek new crossover that Lamborghini unveiled earlier this week. The LM002 traces its lineage to the Cheetah, a rear-engine-mounted 4x4 that Lamborghini made with an American defense contractor for the U.S. Army, which did not reward the automaker with a contract. It was Lamborghini's first production SUV, based on the Cheetah's basic engineering, and it added luxurious wood and leather to the interior, a spacious cargo area and the 5.2-liter Countach V12 engine that took it from 0-60 in 7.7 seconds. Only 301 examples were ever made between 1986 and 1993, with just 48 of them built to the LM/American specs and delivered to the U.S. Sotheby's notes that the exotic car market of the early '90s "was in full flourish thanks to a new generation of millionaires and billionaires seeking the ever-greater 'toy' — and nothing was bigger or better than the LM002." It boasts a massive 76-gallon fuel tank, and the model that just sold was equipped with specially designed Pirelli Scorpion run-flat tires. Jay Leno took an LM002 of the same model year for a spin two years ago on an episode of "Jay Leno's Garage." The restoration effort was valued at $325,000 and covered the Countach engine, new exhaust and a full, new interior, adding an Alpine stereo head unit and integrated Bluetooth to bring things up to modern speed. It also features the rare rear cargo toolbox, tonneau cover, and correct LM/American floor mats and chrome bumpers. The owner also got correct tools, keys, books, jack, full receipts and photographic documentation of the restoration process, plus two OEM ECU computer units.Related Video:

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 Aventador SV production limited to 600 units

Six hundred. That's how many examples of the Aventador LP 750-4 Superveloce Lamborghini will make. Not per year, but in total. So if you want one, you'd better act fast. The production figure was announced at the new SV's Chinese debut at the Shanghai Motor Show this week, following the supercar's worldwide debut at the Geneva Motor Show and its subsequent North American premier at Amelia Island. That's where the Raging Bull marque announced the Superveloce's price at $485,900 before tax and destination charges, or $493,095 all-in. For all that scratch, you get a supercar with a good old-fashioned, naturally aspirated 6.5-liter V12 driving 740 horsepower to all four wheels for a 0-62 time of 2.8 seconds and a top speed of 217 miles per hour. That would make the SV one of the fastest cars on the road (if it were legal to drive that fast) this side of a hypercar costing twice or more what Lambo's asking for the Aventador SV. Now if that production run seems rather small to you, bear in mind that Sant'Agata only produced 2,530 vehicles last year, and that was an all-time record for the marque. Go back a more than a decade and Lambo wasn't even coming close to completing that many vehicles in a calendar year altogether. LAMBORGHINI PRESENTS THE NEW AVENTADOR LP 750-4 SUPERVELOCE AT AUTO SHANGHAI 2015 Shanghai, 20, April, 2015 – At the 16th Shanghai International Automobile Industry Exhibition, Automobili Lamborghini presents the Aventador LP 750-4 Superveloce. Making its Asian debut, the AVENTADOR LP 750-4 SUPERVELOCE is the most sports-oriented, fastest and most emotional series model ever produced by Lamborghini, therefore giving a precise demonstration of Lamborghini's brand values – Visionary, Cutting-edge, Pure. The car is limited to 600 units worldwide. The HURACAN LP 610-4, the successor to the iconic Gallardo, enters the same stage in Hall 6.1. Redefining the benchmark for luxury super sports cars in this segment, the Huracan has not only sustained the successful market performance of its predecessor, but is also destined to create a new legend. The AVENTADOR LP 700-4 PIRELLI EDITION, which celebrates the long and ongoing collaboration between the Raging Bull and the prestigious Italian tire manufacturer, is also introduced for the first time to China at this year's Auto Shanghai. The year 2015 also marks Lamborghini's 10-year anniversary of entering into the China Market, which remains one of the most important markets for Lamborghini worldwide.