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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 Urus Performante First Drive Review: The Lambo SUV gets more Lambo

COPENHAGEN, Denmark – If youÂ’ve followed the automotive industry for long enough, you likely remember when SUVs made by companies known for low-slung sports cars were the subject of controversial headlines. Fast-forward to 2023, and the controversial has become commonplace. Massive people-movers with supercar-like power are the status quo in the luxury segment, they usually outsell their more poster-friendly stablemates by a wide margin, and many of the companies who arenÂ’t already on this bandwagon are looking for a place to jump on. Unveiled in 2017, the Lamborghini Urus has amassed a significant following (itÂ’s the Italian brandÂ’s best-seller) and a growing list of rivals that includes the Aston Martin DBX. While itÂ’s no longer the newest kid on the block, it recently received a round of updates and gained a range-topping Performante variant. “We got a lot of new customers with the Urus,” said Luca Pacini, LamborghiniÂ’s head of R&D strategy and projects coordination. “WeÂ’re happy that people recognize the Lamborghini brand in it, and we decided to characterize it even more by offering a wider range that stretches from comfort to performance — performance is LamborghiniÂ’s DNA, after all. This caters to the demands of our customers.” Releasing a sportier Urus makes perfect sense since sister company Bentley and rival Aston Martin both offer higher-spec variants of their SUVs. Still, calling it “Performante” is a bold move because Lamborghini has historically reserved this nameplate for hardcore evolutions of its V10-powered models. ItÂ’s not merely a marketing pirouette: the Pikes Peak record-setting Urus Performante stands out from the Urus S with a specific body kit that includes a redesigned front splitter and a reasonably subtle roof-mounted spoiler. Lamborghini claims these updates contribute to a not-insignificant 8% increase in downforce. Carbon fiber parts (like the vented hood) and a titanium exhaust system designed by Akrapovic help make the Performante about 104 pounds lighter than the Urus S, though it nonetheless tips the scale at approximately 4,740 pounds. Light? Well Â… yes, kind of. Although the uber-Urus weighs about twice as much as a new Mazda MX-5 Miata, none of the models it competes against qualify for the “lightweight” label. AstonÂ’s DBX 707 checks in at 4,940 pounds and every Bentayga variant weighs more than 5,000. Chassis changes are part of the Performante treatment as well.

Fourth Lamborghini model could be an all-electric 2+2 GT

It was almost a year ago that Automotive News spoke to Lamborghini CEO Stefano Domenicali about the carmaker potentially adding a fourth model to the lineup. Asked about the potential of a new 2+2 GT model picking up where the Espada left off in 1978, Domenicali demurred on the matter of a bodystyle. Instead, the CEO said the brand is "working hard to combine high performance with interior space and driving comfort in a package that, designwise, should be striking as well as highly efficient in terms of aerodynamics." A year on, Autocar spoke to Lamborghini R&D head Maurizio Reggiani, who hinted at how ideas have coalesced since. Autocar says a 2+2 GT "is due to be given the green light to arrive by 2025," and there's a chance the model could be all-electric. Last we heard, Domenicali was explaining to AN that buyers weren't asking for a battery-electric vehicle. With a five- to seven-year horizon for the introduction of a fourth car, however, the CEO allowed that customers could be ready for one by 2027, so Lamborghini should be ready, too; nevertheless, he hedged the battery-only offering by saying it would come "together with a high-performance plug-in hybrid." According to Autocar's story, the brand's got more bullish on batteries in the interim. Reggiani said, "If you look at the timing for a fourth model line, there is the potential that this will be the right time for a full-electric vehicle" that can do at least 350 miles on a charge. Not only could such a car make sense by 2025, Lamborghini could likely find some way to fit the model into the Volkswagen Group's scheme for EV domination. There are two electric platforms floating around the high-performance divisions that could get the nod; the J1 architecture under the Porsche Taycan and coming Audi E-Tron GT that will evolve into the J1 II come 2023, or the Premium Platform Electric (PPE) architecture that will support a range of models and is already rumored for an all-electric Bentley.    In terms of styling, Autocar repeatedly mentions cues coming from the 2008 Estoque concept (above). The four-door GT unveiled at the 2008 Paris Motor Show has been in limbo since then, the heart of rumors ranging from an Estoque range of everyday supercars to becoming a Lamborghini twin for an Audi A9.