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Aventador sales drive record revenue at Lamborghini

Let it never be said that there isn't money to be made selling high-end exotic sports cars. Last month Ferrari revealed that it had recorded record profits despite selling fewer vehicles than the year before. Now arch-rival Lamborghini has reported record revenue.
For the 2013 fiscal year, Lamborghini has announced that its revenue has increased for the third year straight - rising from 469 million euros last year (just short of $650 million at today's rates) to a record 508 million euros (over $703 million). Lamborghini reports that it has reinvested 20 percent of that turnover back into R&D.
The increased revenues come despite having discontinued its top-selling model, the Gallardo, which wound up its ten-year production run back in November to make way for the new Huracán. The increased revenues came from a higher proportion of Aventadors sold, a rise of 9 percent from 922 units in 2012 to 1,001 in 2013, representing a record for V12 models sold in the company's history and a waiting list of 12 months for a new Aventador.

Autoblog Minute: New Civic, FCA UAW Agreement, Frankfurt

FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. Autoblog senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute. Show full video transcript text [00:00:00] FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. I'm senior editor Greg Migliore and this is your Autoblog Minute Weekly Recap. FCA reached a tentative labor agreement with UAW leadership. The major focus of the new deal reportedly includes: the eventual elimination of the two-tier pay scale [00:00:30] and pooling worker health care. Now that a leadership agreement is in place, the deal will be sent to FCA's rank-and-file. FCA has about 36,000 hourly employees. We got a first look at the interior and exterior of the 10th-generation Civic. Honda expects the new sedan to dominate the C-segment when it hits dealerships later this fall. Civic coupe, five-door hatchback, Si and Type R will all come later. The 2015 Frankfurt Motor Show is in the books and there was a lot of news to get excited about. [00:01:00] Porsche introduced a fully electric concept car in the Mission E. If they make this car, Porsche could give Tesla nightmares. We also saw SUVs from Jaguar and Bentley. There were two beautiful Italian convertibles from Ferrari and Lamborghini. Meanwhile, Mercedes introduced a concept of their own in the IAA - a vehicle that experiments with adaptable aerodynamics. Those are the highlights from the week that was. Be sure to check out my full recap this Saturday. Plus we'll have some added insight on General Motors' deal to [00:01:30] avoid federal prosecution. For Autoblog, I'm Greg Migliore. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals. UAW/Unions Frankfurt Motor Show Bentley Chrysler Ferrari Honda Jaguar Lamborghini Mercedes-Benz Porsche Rolls-Royce Tesla Convertible SUV Concept Cars Electric Supercars Autoblog Minute Videos Original Video porsche mission e concept

Lamborghini Aventador SV Roadster confirmed

At the Goodwood Festival of Speed over the weekend, Lamborghini CEO Stephan Winkelmann confirmed the arrival of the Aventador LP750-4 Superveloce Roadster. The news puts a bow on a gift we already expected, having seen the superfast roadster gussied up like a Swedish rally car during testing in the Arctic. Assuming you're tall enough to ride the ride, you'll get 740-horsepower from its 6.5-liter V12 in a body that's lighter by 110 pounds versus the more mundane (we use that term loosely, of course) LP 700-4. Production will be limited to 500 units, undercutting production of the Superveloce coupe by 100 units, and the dealer order lines have officially opened. Speaking of which, all 600 coupes have already been sold, each one listing at $493,095. The roadster will surely be more dear. The press release below has the official words from the man himself. Goodwood Festival of Speed: Lamborghini confirms Roadster version of Aventador Superveloce Sant'Agata Bolognese/Goodwood, 29 June 2015 – Automobili Lamborghini has announced a roadster version of its Aventador LP 750-4 Superveloce. The roadster will be limited to 500 units. The Aventador Superveloce coupe version made its UK debut at Goodwood Festival of Speed this weekend, on display and running 'up the hill', with Lamborghini President and CEO Stephan Winkelmann in attendance. Speaking at Goodwood, Stephan Winkelmann confirmed production of the Superveloce Roadster. "The Aventador LP 750-4 Superveloce is the most pure, sports-oriented and emotional incarnation of a Lamborghini, and all 600 units have been sold, with first deliveries starting now. We will also produce a roadster version, which our dealers worldwide are now taking orders for." The Lamborghini Aventador LP 750-4 Superveloce was shown at Geneva motor show earlier this year. The Superveloce accelerates from 0 to 100 km/h (0-62 mph) in 2.8 seconds and reaches a top speed of more than 325 km/h (217 mph). Compared to the Aventador LP 700-4 the power output of the Superveloce has been increased by 50 hp and the weight reduced by 50 kg. Automobili Lamborghini S.p.A. Founded in 1963, Automobili Lamborghini is headquartered in Sant'Agata Bolognese, in North-eastern Italy. The Lamborghini Huracan LP 610-4, which made its world debut at the Geneva Motor Show in 2014, is the successor to the iconic Gallardo and, with its innovative technology and exceptional performance, it redefines the driving experience of luxury super sports cars.