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Volkswagen decides to keep Lamborghini and Ducati, transfers Bentley to Audi

Investors in the market for a high-end Italian manufacturer that peddles performance will need to keep looking. Volkswagen announced it will hang on to Lamborghini and Ducati in the foreseeable future. Executives in Wolfsburg, Germany, are making far-reaching changes to the Volkswagen Group to reboot it with a big focus on technology. Credible rumors claimed that the people in charge of the carmaker wanted to carve out Lamborghini — which owns Ducati — and ultimately list it, or at least a chunk of it, on the stock market in order to fast-track the group's electrification strategy. Going electric is expensive, so selling Lamborghini would have helped fund the expansion, and high-octane supercars don't easily go hand-in-hand with zero-emissions cars. "Volkswagen needs to change from a collection of valuable brands and fascinating combustion-engine products that thrill customers with superb engineering to a digital company that reliably operates millions of mobility devices worldwide," summed up Herbert Diess, the group's boss, during a September 2020 meeting. His team ultimately decided not to fully divest both brands. It's too early to tell whether part of Lamborghini will be listed on the stock market, as some insiders have suggested, or if those plans are off the table, too. Changes are coming to Bentley as well. While it's not being spun off either, it will fall under the Audi umbrella starting on March 1, 2021. Volkswagen explained linking the two companies will "allow for synergies to be achieved as part of the electrification strategy of the two premium brands," a statement which suggests they will share a growing number of components during the 2020s. Unverified rumors claim that Bentley will notably get its own version of an ultra-luxurious electric SUV code-named Landjet that Audi is currently developing. We've reached out to Bentley for more details, and we'll update this story if we learn more. Bugatti's future wasn't mentioned in the release; unconfirmed reports suggest it will be traded for a stake in Croatian start-up Rimac. Volkswagen's supervisory board also reaffirmed its support for Diess, who was appointed CEO in 2018 and who has played a significant role in the company's transformation. Finally, the board approved the development of what a statement refers to a future leading electric vehicle sold by the Volkswagen brand that will be developed and manufactured in Wolfsburg.

Lamborghini Aventador SVJ is a V12-powered carbon fiber flagship

PEBBLE BEACH, Calif. — Lamborghini officially pulled the covers off a special version of the brand's Aventador flagship this evening, and it wears a cryptic SVJ 63 designation. The name comes from the year 1963, which is when Lamborghini was founded. Only 63 will be built, and with the amount of carbon fiber and extroverted graphics covering them, they'll definitely stand out from the crowd. Power for the Aventador SVJ comes from a V12 engine producing 770 hp at 8,500 rpm and 530 pound-feet of torque at 6,750 rpm. That's enough power to push the Aventador Superveloce Jota from 0 to 62 miles per hour in just 2.8 seconds and to a top speed of over 217 mph. But its true claim to fame is its performance on the track. The SVJ currently holds the production vehicle lap record at the Nurburgring, lapping the famous circuit in 6:44.97. View 23 Photos Aerodinamica Lamborghini Attiva 2.0 debuts on the Aventador SVJ. Similar to the system in the Huracan Performante, electronic actuators open or close flaps in the front splitter and on the engine cover. Combined with Lamborghini Dinamica Veicolo Attiva 2.0, the SVJ's electronic brain can adjust been zero and maximum downforce in less than 500 milliseconds. Air over the car's rear wing can be split left and right, allowing for downforce to be applied only on the wheel that needs it. Total production of the Aventador SVJ — including the even more exclusive 63 — will be limited to 900 units. Deliveries are slated to begin in the first part of 2019 at a starting price of $517,770.00. Related Video: Featured Gallery Lamborghini Aventador SVJ at the Quail View 18 Photos Related Gallery Lamborghini Avendador SVJ: Live Unveiling View 10 Photos Image Credit: Live photos copyright 2018 Drew Phillips / Autoblog.com Design/Style Lamborghini Technology Coupe Luxury Racing Vehicles Performance Supercars Pebble Beach lamborghini aventador svj

Lamborghini owner forgives teen for using car as a bike ramp

A teenager in Singapore got off shockingly easy after he was caught on camera riding his bike across the hood of a Lamborghini last week. According to The New Paper, Izzadnaff Abdul Qusyairl was on his way to play some games at a local arcade in Bedok, Singapore, when he saw a bright yellow Lamborghini Gallardo parked outside of Bedok Stadium. Being a dumb teenager, Izzadnaff decided to pull a stunt he saw on YouTube. Izzadnaff rode his bike up the hood and over the top of the Lambo. Unfortunately for him, the Lambo's dashcam was on and caught him in the act. The Lambo's owner, Aaron Keder, uploaded the footage to Facebook, kicking off an internet manhunt for the young cyclist. Qusyairl's mother got wind of the situation and quickly took matters into her own hands by first giving her son a stern talking to and then contacting Keder through a mutual friend. "Izzadnaff is usually obedient. I don't know what happened to him that day," she told New Paper. "He was very afraid to admit to his mistake after that, but I told him that he had done something wrong, so he had to stand up and admit his mistake." Thankfully, Keder seemed to have a good sense of humor about the incident and agreed to sit down with the abashed teen and sort the situation out. "I met the family on Sunday afternoon and we have resolved the issue," said Keder. "All I wanted was an explanation from the boy and to know how he felt when he went on top of my car. I also wanted him to know that what he had done was wrong and not to repeat it."Related Video: Image Credit: Caddy Viral / YouTube Auto News Weird Car News Lamborghini singapore stunts bmx lambo gallardo