Surprise! Millionaires can still afford Lambos, profits rise

It seems that well-to-do individuals who grew up staring at Countach posters on their bedroom walls are still finding a way to fulfill their childhood fantasies. Both sales and profits are up at Lamborghini, with most of the increases coming from emerging markets, including the Middle East, China and Hong Kong. Lamborghini CEO Stephan Winkelmann believes that the key to its recent sales successes is its policy of producing fewer vehicles than it believes it can sell, thereby keeping demand high. Winkelmann also noted that costs go down as production goes up, a further boon to increased profitability.

With Lambo's latest Gallardo LP560-4 about to hit its 114 dealerships, the second half of the year is already shaping up quite nicely. Ridiculously expensive options with high profit margins like $19,000 carbon-ceramic brakes are sure to help the bottom line too.

Move Over, Porsche, Lamborghini, Ferrari!

If you were told a sleek sports car is hitting the road that can go from zero-to-sixty mph in 3.9 seconds, that might catch your attention. If you were told it's totally electric, you might be shocked.

Not only does the brand new Roadster from Tesla Motors look good, it's totally green. It has a watermelon-sized electric motor -- not a engine -- and that motor produces no emissions as it kicks out 250 horsepower. It's also totally silent.

Tesla veep Darryl Siry showed off a Roadster on The Early Show plaza Thursday. With a price tag of about $100,000 and only 600 being made for 2008 model year, don't expect to see many of them on the road, but every one from this year has already been bought in advance.

The car can travel 220 miles on a single charge of its lithium-ion battery pack. You have to plug it in for three-and-a-half hours to get a full charge. The Roadster gets the equivalent of 135 mpg. Tesla plans to make 1,800 Roadsters for the 2009 model year, of which 500 have already been reserved.

Launches Exotic Car Community, Gives Away Lamborghini and a Trip to Las Vegas

The new exotic car community is revving up with a contest sure to excite any high-end car enthusiast. Car Front is giving away a airfare and accommodations to Las Vegas and a Lamborghini to use while there, to one community member as a promotion celebrating the site's launch

Salt Lake City, Utah (PRWEB) May 27, 2008 A new exotic car community has been launched for high-end, super-car enthusiasts. To encourage members to participate and share their passion for exotic cars, one lucky member of CarFront will win a trip to Las Vegas for the weekend where they will spend a day driving a Lamborghini, getting VIP access to a club and gawking at other supercars.


Lamborghini Gallardo
"We know how it is, living and breathing these cars," says Car Front owner Jeff Cox. "How many people honestly get the chance to drive a sports car that's worth the price of a house? By helping us to build a tight-knit community of real people and real experiences with exotic cars, one of our members will get to join that elite group by going to Las Vegas, driving a Lamborghini for a day, and experiencing some other fun activities we have planned for them."

"CarFront.com is more than just a forum for discussing supercars with other petrol heads," says Cox. The community also offers high-end automotive news as well as photos and videos featuring the high priced, high-end vehicles.

To be eligible for Car Front's contest to win the Las Vegas trip and the Lamborghini for a day, members must submit a video to the CarFront Video Contest via their YouTube Group, be at least twenty one years old and a resident of the United States (the continental U.S. to be eligible for airfare to Las Vegas). Members must also have a fifty post count minimum at the time of contest end to establish them as an active member of the community on the supercar forum, as outlined in the contest rules.

Lamborghini working on certified pre-owned program

Lamborghini is in the process of developing its own certified pre-owned program that should launch by the end of the year. According to Stephan Winkelmann, CEO of Lamborghini, the program will be rolled out worldwide, beginning with dealers in the U.S. and Europe. Details about how a used Lambo will be inspected or certified haven't been released yet, but sales will only be allowed through authorized Lamborghini dealers. Ferrari has been dealing in certified pre-owned vehicles since 2003, and just announced a program that would include a 190-point certification process of seven models going all the way back to 1998.