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To merge or not to merge? This is a question now beyond the control of the two companies most expected to combine in China at the moment: bike sharing unicorns Mobike and ofo. That is because their respective ultimate backers, Tencent Holdings Ltd. and Alibaba Group, both want to dominate the industry believed to shape… Continue reading Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance

China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

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FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS

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FAURECIA : Strong organic* growth at +10.7% in Q3 ; Increased outperformance vs. automotive production of 870bps in Q3 ; FY 2017 guidance confirmed

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2018 Lamborghini Urus Partially Revealed On The Assembly Line

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2018 Lamborghini Urus Partially Revealed On The Assembly Line

18 Oct 2017, 11:46 UTC · by Mircea Panait
/ Home / News / Car Profile

The House of the Raging Bull is proud of its ongoing strategic investment program, which sees the Sant’Agata Bolognese facility expand from 80,000 to 160,000 square meters. Without beating around the bush, most of the money was poured into an all-new factory, which will handle production of the Urus.
17 photosIn fact, pilot production is already underway, with the following video teasing many bits and bobs of the “Super SUV” that will likely take the Nurburgring record from the Alfa Romeo Stelvio Quadrifoglio. And the bottom line is, Lamborghini intends to double its production output to 7,000 vehicles per year.
Other than the all-new assembly line, finishing department, and office building, the investment also brings worth an all-new test track with thirteen different surfaces specific to sport utility vehicles. Dubbed Manifattura Lamborghini, the Urus-building factory and its annexes were completed in 18 months. And as expected, the facility relies heavily on robots and automation.
The line that handles Urus production is called Industry 4.0 and is dedicated to the SUV that shares its underpinnings with the Audi Q7, Porsche Cayenne, and Bentley Bentayga. From the video of the Manifattura Lamborghini, it’s easy to spot at least three unfinished Urus vehicles. The one on the assembly line features carbon ceramic brakes, which is a must in a hefty sport utility vehicle.
The clip further treats us to the design of the five-spoke alloy wheels and the 4.0-liter twin-turbo V8 developed by Porsche, as well as the side profile and front fascia of the Urus. It’s no LM002, but according to Lamborghini, the technology built into the Urus makes it properly capable in off-road scenarios.
Packing at least 650 horsepower and mated to an 8-speed automatic transmission, the Urus will be followed by a plug-in hybrid model in the near future. As a brief refresher, the Italian automaker will take the veils off the all-new SUV on December 4 at the Sant’Agata Bolognese site.

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Katia Bassi joins Automobili Lamborghini as Chief Marketing Officer and Board Member

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Sant’Agata Bolognese, 5 September 2017 – Automobili Lamborghini announces Katia Bassi has joined the Management Board of the Company as Chief Marketing Officer, reporting to Chairman and Chief Executive Officer, Stefano Domenicali.
In her new role, Bassi is responsible globally for the strategic direction of Brand, Marketing, Partnerships, Sponsorship & Co-Branding. She’s the first woman ever to join the Lamborghini board.
“We are a passionate group of people creating exceptional sports cars. I see the same passion and commitment to excellence in Katia Bassi which is why I'm delighted to welcome her to the company,” says Domenicali.
“I am honored to join Lamborghini and work with Stefano Domenicali and the global team, who is bringing the company to the next level, enriching the customer experience. I’m ready for the challenge to surpass the extremely high levels of expectation from around the world in building on the company’s strong DNA and brand identity.”
Bassi joins Automobili Lamborghini from Aston Martin where she was Vice President of Aston Martin Lagonda and Managing Director of AM Brands. Prior to this, she held positions at National Basketball Association (NBA) in Italy, at the Italian football club Inter Milan, and at Ferrari.
The Italian super sports car brand is entering a new chapter in its history, exceeding €900m turnover for the first time and increasing worldwide sales by 7% to 3,457 in 2016, marking the sixth consecutive year of growth.
Automobili Lamborghini is doubling the size of its production site in Sant'Agata Bolognese in readiness for the arrival of the Urus Super SUV in 2018. The new facility will be complete in December 2017.

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