Friday, October 12, 2012

Lamborghini, Bentley SUV's delayed to save ... - Car Fanatics Forum

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Photo credit: Lamborghini

Lamborghini Urus


Bentley and Lamborghini's plans to develop ultra-luxury SUVs may be put on hold to save cash for parent Volkswagen, company sources said, in a sign that the crisis is beginning to bite even for the German auto giant.

U.K.-based Bentley and the Italian supercar maker rolled out extravagant concept sport utility vehicles (SUV) at the auto shows in Geneva and Beijing this year, with production awaiting approval by VW's management board.


The push towards off-roaders is aimed at boosting profitability at Lamborghini, loss-making since 2009, and Bentley.

The move has dismayed Lamborghini purists who fear that expanding to four-by-fours will dilute the brand's exclusivity.


Grappling with unforeseen production cuts and slowing auto sales, VW may postpone the models as it reviews planned spending on equipment, factories and vehicles due to be ratified by VW's supervisory board on November 23, two company sources said.

Source: http://carfanaticsforum.com/thread-18377.html

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