Lamborghini SUV Approved for Production

In an attempt to increase sales and broaden its market share, Lamborghini announced it would be releasing an SUV by the year 2017. The model was officially introduced at the Beijing Auto Show in 2012, but was yet to be confirmed for production until CEO Rupert Stadler made the announcement last weekend. The Urus will feature a much more compact design than other SUVs, and will also be considerably lighter due to its use of carbon fiber. Executives have announced they expect to sell around 3,000 units per year upon release.

Lamborghini Urus Concept

Lamborghini Urus Concept

 

The vehicle, which executives are referring to as a “concept SUV,” will feature room for at least four and will include a hatchback with storage room in the rear. Rumors suggest it will feature a 4.0-liter, twin-turbo V-8 engine and will have a plug-in option for electric charging. The vehicle will likely carry a price tag of around $150,000, which is to be expected of any car released under the Lamborghini moniker.

Many believe the company hopes the Urus will increase its influence in China, as more Chinese citizens are gravitating toward SUVs and away from smaller cars. Many experts also believe the move is an attempt to siphon away market influence from Ferrari, a longtime competitor of Lamborghini. Other luxury lines have introduced SUVs in recent months, including Bentley, Porsche, and BMW, but Ferrari has yet to introduce an SUV. Although both Lamborghini and Ferrari have become synonymous with luxury sports cars, Ferrari still continues to outsell its chief competitor globally.

urus

urus

Best Cars Under $20,000

In tough economic times, it can be difficult for consumers to purchase luxury goods, especially an expensive car. Thankfully, in recent years the market has shifted away from high-priced luxury sports cars and more toward compact, energy-efficient, utilitarian models. Car manufacturers have responded by increasing gas mileage and slashing prices. There are a variety of options out there for those hoping to purchase a new car on a budget. Here are a few options that retail for under $20,000 brand new.

Fiat 500

Fiat 500

The Fiat 500 is one option out there for drivers looking for a stylish option while staying on a budget. The Italian carmaker has made a comeback in recent years, with the 500 being its signature model. The compact design and posh interior set this one apart from its competitors, and with a MSRP of around $17,000, the car is affordable on nearly any budget.

Another option is the Chevrolet Sonic. Chevrolet has come back from the brink of bankruptcy by focusing more on economical models, and the Sonic is no exception. The car features a 4-cylinder engine and will help save money on gas, as it receives nearly 25 miles per gallon. The car is available in a variety of colors and starts at only around $14,000.

Chevrolet Sonic

Chevrolet Sonic

Lastly, it is hard to mention affordable cars without discussing the one that started the green car revolution – the Toyota Prius. Although the price has gone up in recent years, the car still remains affordable, with an MSRP of around $18,000, and is available in a completely electric model to eliminate gas entirely.

Toyota Prius

Toyota Prius