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Aventador sales drive record revenue at Lamborghini
Tue, 11 Mar 2014Let 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.
Lamborghini, Bentley recalling models with carbon-ceramic brakes
Wed, 30 Oct 2013An issue involving carbon-ceramic brakes has prompted Lamborghini and Bentley to recall certain models so equipped. The problem, according to the National Highway Traffic Safety Administration, revolves around the stainless steel screws that secure the brake rotors, which are prone to corrosion when exposed to salty conditions.
The recall affects 2007-2009 Lamborghini Gallardo coupes and Spyders, 2006-2010 Murcielago coupes and Roadsters and 2007-2011 Bentley Continental GTs, GTCs and Flying Spurs. All in all, some 1,136 vehicles are subject to the recall in the United States, including 263 Gallardos, 404 Murcielagos and 469 Continentals. The fix seems simple enough, with local Lamborghini and Bentley dealers replacing the problematic screws with new ones. The recall follows two notices recently issued for Audis as well. For further details, see the trio of recall notices below.
Lamborghini takes Veneno out to play on wet Vallelunga [w/video]
Mon, 25 Nov 2013With only four examples in existence, you're not very likely to ever see a Lamborghini Veneno roaming your local highways and byways. That's what makes this clip a little out of the ordinary.
Lamborghini brought the super-rare supercar out to the Vallelunga circuit near Rome for the World Finals of its Super Trofeo series, where, incidentally, American driver Andrew Palmer beat out the competition from Europe and Asia to claim the world title. Prospective buyers for the even more expensive Veneno Roadster were taken for laps to give them a taste of what to expect, because with no roof whatsoever, the open-top supercar wouldn't be our choice for a drive in the rain.
Lambo also brought out the Sesto Elemento, the previous release from the company's new prototype development center, to play on the wet track alongside the anthracite Veneno that remains the company's property. Check out the action in the image gallery above and the video below.