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.

Lamborghini Miura 1967.

This was where it all started - the Miura was the first car to prove itself worthy of the “supercar” tag. Prior to the Miura’s arrival in 1967 many sportscars had offered high levels of performance and handling - but the Lamborghini was the first built around the criteria that define our modern concept of the supercar: massive speed, jaw-dropping design and technical innovation - together with a wallet-wilting pricetag to which only the wealthiest could aspire.

Spotted in the wild: 1968 Lamborghini Islero

For a car fan it's always cool to be wandering around somewhere and stumble across an extremely rare automobile. That's especially when it's out on the road in a most unlikely of locales. My wife and I took a little road trip this weekend in the new Saab Turbo X (you'll be hearing more about that soon!) to Yellow Springs, Ohio. For those unfamiliar with Yellow Springs, it's a small town northeast of Dayton that is home to Antioch College and Dave Chappelle. As we were walking to get some dinner, I noticed a very red coupe with an extraordinarily long hood. It looked vaguely familiar, but I knew I had never seen one in the metal before. I grabbed my camera and started shooting away. It turns out the car was a GT known as the Lamborghini Islero. Isleros were built in 1968 and 69 following the end of the 400GT run and preceding the Jarama. Unfortunately for Lamborghini, the rather sedately-styled Islero didn't have the flash of the gorgeous Miura that debuted in 1969 and it never sold in large numbers. According to Lamborghini, only 225 were built including 70 "S" models in 1969 with slight body changes and a more luxurious interior. The Islero was propelled by Lamborghini's 4.0L 350hp V12. If the owner of this car sees this post please get in touch and share the story of your car.