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Top Gear names BMW i8 Car of the Year, Corvette, Ferrari, Mercedes also win big

The lads at Top Gear have released their listing of the finest cars of the past year, handing the ultimate honor to BMW's revolutionary i8 plug-in-hybrid supercar. "The i8 is a milestone in the annals of automotive history and a glorious statement for an exciting and positive future. The i8 delivers - and then some," the British mag wrote. The i8, though, was far from the only hybridized car to take victories. James May and Richard Hammond both highlighted hybrids as their personal cars of the year, with May saluting the Ferrari LaFerrari and the Hamster, unsurprisingly, heaping praise on the Porsche 918 Spyder. Jeremy Clarkson, meanwhile, opted to shock many by selecting not only an American car as his best of 2014, but giving the honor to of all things, a Corvette. Clarkson wasn't the only person to honor the USA's iconic sports car, with the new, 650-horsepower Z06 variant being named TG's Muscle Car of the Year. Other big winners include Mercedes-Benz, which TG honored for S-Class Coupe (Luxury Car of the Year), the new AMG GT (Sports Car of the Year) and the not-for-US C-Class Estate (Family Car of the Year). The 458 Italia Speciale A snagged a second win for Ferrari. The best of the rest include the Citroen C4 Cactus, Renault Twingo, Volkswagen Golf R, Lamborghini Huracan and Audi TT. Take a look below for the celebratory press blast from BMW. The BMW i8 wins Top Gear Car of the Year The BMW i8 has been named as Top Gear magazine's global Car of the Year 2014. The plug-in hybrid performance vehicle beat off some stiff competition from a host of other premium and luxury manufacturers to win the overall award. The editorial team of Top Gear commended the BMW i8 for its breadth of abilities. Its 1.5-litre three-cylinder turbocharged petrol engine combined with an electric motor gives searing acceleration and driver enjoyment but all wrapped in a package that takes BMW's EfficientDynamics philosophy to the extreme courtesy of CO2 emissions less than 49g/km and a 135mpg combined cycle figure. Charlie Turner, Editor in Chief at Top Gear magazine, said: "The BMW is a milestone in the annals of automotive history and a glorious statement for an exciting and positive future. The i8 delivers – and then some. It's the kind of car we should celebrate, a beautiful vision of the future, delivered now.

Lamborghini Huracan is officially sold out through end of production

The Lamborghini Gallardo managed a trick no V8-powered Lamborghini pulled off before, going back to the 1973 Urraco: Act as a thoroughly worthy undercard to the V12 main event. Perhaps the two extra cylinders made the difference, the Italian automaker selling 14,022 examples during the Gallardo's 10 years on sale. That was a massive number, especially when the automaker was selling closer to 1,000 cars per year than the 9,233 it sold last year. The Huracan proved an even sweeter package, selling 14,022 units in just five years. With more than 20,000 on the roads worldwide, the V10 storm is about to come to an end. A single sentence in Lamborghini's summary of Q1 financial performance reveals the V10 is "sold out till the end of production." The results summary doesn't specify the date the last Huracan rumbles off the line. We know it will happen sometime next year, the automaker's production almost entirely accounted for through the end of 2024. Whatever follows the Huracan will make its debut later this year, and somehow, Lamborghini has managed to keep the powertrain secret. It's agreed that the chassis will be a modified version of the platform created for the V12 hybrid flagship Revuelto. Car magazine says the Revuelto's "monofuselage" will be reworked with aluminum to lower the price. As recently as last November, Auto Express wrote about Lamborghini technical officer Rouven Mohr saying, "[the Huracan successor is] not a range-oriented hybrid and there will be no kind of downsizing," the mag saying Mohr conveyed the sentiment "that it’s against LamborghiniÂ’s philosophy to reduce the engine size and then 'compensate' with electrification as some rivals have done."  A twin-turbo hybrid V8 has come up more recently, this engine being of Lamborghini's design. With the company longer having a corporate sibling in the Volkswagen Group stable to share V10 hybrid costs and upkeep with, a hybrid V8 makes much more sense. The Group is awash in V8s and will be using hybridized versions in models from several brands. The scuttlebutt on this engine alleges about 850 horsepower of total output, turbos that don't spool up until 7,000 rpm, and a 10,000-rpm redline. And we already know it's going to sell like hotcakes — or crespolini, rather.  Related: 2023 Lamborghini Huracan Sterrato First Drive: Ridiculous obliteration of boundaries Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

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.