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Lamborghini could launch an SUV in 2017

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Lamborghini could launch an SUV in 2017, CEO Stephan Winkelmann told a German newspaper. The Italian supercar brand will unveil a concept for the vehicle at the Beijing motor show on April 23 to test public reaction, according to a report in the German business daily Handelsblatt on Thursday. Winkelmann wants the SUV as a third model line along with the Gallardo and Aventador super cars to help make the brand profitable. China is a key market for high-margin luxury SUVs. "We definitely need a third line in the mid and long term," Winkelmann told the paper. "An SUV would be the first Lamborghini for everyday use, not just for the race track or weekends. We would have the opportunity to win new customers." Lamborghini has been losing money since 2009 and is under pressure from parent Volkswagen Group to become profitable, the newspaper report said. Winkelmann told the paper that he hopes that VW will decide this year whether to allow the brand to build an SUV. "I...