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Lamborghini Urus SUV confirmed to arrive in 2017

The Urus will be VW Group’s lightest and quickest SUV – expected to best even the Porsche Cayenne Turbo – and will be built on VW’s new large SUV platform – the same platform that will underpin the Bentley Falcon SUV, Audi Q7 (and Audi Q9) and Porsche Cayenne – and will use a forged carbon composite structure from the central tunnel to the rear suspension to save weight. Power for the Urus is expected to come from the twin-turbo V8 we’ve already seen in the Bentley Continental GT and Audis, producing something in the region of 600bhp and perhaps even more if Lamborghini add a hybrid option to throw some electric assistance at the V8′s 600 horses. It seems likely the Urus concept will remain largely unchanged for production, although we could see some toning down of its more extreme elements, as Lamborghini look to add 3,000 sales a year to their annual total when the Urus hits showrooms.

News watch July 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.

Taxi To The Stars To Shine At Auction

CLASSIC car auctioneer, Historics at Brooklands, will be selling a very special London taxi at the end of November. This particular example of a 1935 12/4 Austin Taxi is no ordinary cab though, having transported the rich and famous as part of its role as gust transport for boutique hotel, Blakes, in London’s South Kensington. Plucked from its more humble street life in the 70’s by the hotel’s creator - film star and actress turned hotelier and interior designer - Anouska Hempel (now Lady Weinberg) - the 1935 Austin Taxi Low Loading became the exclusive hotel transport soon after the hotel’s opening, for Blakes’s many famous guests including Ali McGraw, Neil Diamond, Robert Redford, Bob Dylan and Jane Russell.