
Lamborghini presents Fenomeno at Monterey Car Week
The Fenomeno takes the company's most representative design elements to the extreme. It also pays tribute to Lamborghini's tradition of limited-edition models that began in 2007 with the Reventón. This is one of 29 units planned for production.
Other limited-edition offerings include Sesto Elemento (2010), Veneno (2013), Centenario (2016), Sián (2019), and Countach LPI 800-4 (2021).
Stephan Winkelmann, Chairman and Chief Executive Officer of Automobili Lamborghini said: 'The Fenomeno introduces the most advanced technical solutions in our history, pushing the boundaries of performance and design. It also honours the values and achievements that are a fundamental part of our DNA.
'Unveiling the Fenomeno at The Quail, a prestigious celebration of automotive excellence in our largest global market, offers the perfect setting for our customers to experience this limited-edition masterpiece up close.'
Delivering a total output of 805kW, most of that from the naturally aspirated V12 engine and 180kW from three electric motors, the combination enhances driving dynamics and performance. The Fenomeno can evidently accelerate from zero to 100km/h in 2.4sec while top speed is said to exceed 350km/h. Its agility is supported by central locking forged rims and specially developed track-oriented Bridgestone tyres.
Fenomeno takes its name from a renowned Mexican bull. If it sounds suspiciously close to 'phenomenal' that's because it means precisely that in Italian and Spanish.
Also present at the event were the flagship Revuelto2 and the successor to the Huracán, the Temerario3. Both of these also sport hybrid systems, their combined outputs reach just over and just under 1000hp, respectively.
For more information on the Fenomeno see here.
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NZ Autocar
2 days ago
- NZ Autocar
Lamborghini presents Fenomeno at Monterey Car Week
Automobili Lamborghini unveiled the Fenomeno1 recently at The Quail, A Motorsports Gathering. The Fenomeno takes the company's most representative design elements to the extreme. It also pays tribute to Lamborghini's tradition of limited-edition models that began in 2007 with the Reventón. This is one of 29 units planned for production. Other limited-edition offerings include Sesto Elemento (2010), Veneno (2013), Centenario (2016), Sián (2019), and Countach LPI 800-4 (2021). Stephan Winkelmann, Chairman and Chief Executive Officer of Automobili Lamborghini said: 'The Fenomeno introduces the most advanced technical solutions in our history, pushing the boundaries of performance and design. It also honours the values and achievements that are a fundamental part of our DNA. 'Unveiling the Fenomeno at The Quail, a prestigious celebration of automotive excellence in our largest global market, offers the perfect setting for our customers to experience this limited-edition masterpiece up close.' Delivering a total output of 805kW, most of that from the naturally aspirated V12 engine and 180kW from three electric motors, the combination enhances driving dynamics and performance. The Fenomeno can evidently accelerate from zero to 100km/h in 2.4sec while top speed is said to exceed 350km/h. Its agility is supported by central locking forged rims and specially developed track-oriented Bridgestone tyres. Fenomeno takes its name from a renowned Mexican bull. If it sounds suspiciously close to 'phenomenal' that's because it means precisely that in Italian and Spanish. Also present at the event were the flagship Revuelto2 and the successor to the Huracán, the Temerario3. Both of these also sport hybrid systems, their combined outputs reach just over and just under 1000hp, respectively. For more information on the Fenomeno see here.


NZ Herald
15-07-2025
- NZ Herald
KiwiSaver: In wake of Aussie failure, what would happen here if a KiwiSaver provider failed?
Providers are subject to oversight from a supervisor, who can also choose to appoint a third-party custodian or act as custodian themselves. 'I think we've got a more effective regulatory regime. It's set up really well to protect KiwiSaver members and investors,' Callanan said. There is always the risk that investments could go wrong, but KiwiSaver schemes do have some protections in place. Photo / Getty Images He said the supervisor was 'effectively a trustee'. 'We're in place to ensure that KiwiSaver providers are doing the right thing for investors. If there was an issue with a KiwiSaver provider then the supervisor would be able to step in and take control back and come up with a solution.' Callanan said that could involve appointing another manager if necessary. 'We have the power to step in and to take control back in the interests of those investors.' He said that because there were a limited number of independent supervisors, they were closely regulated by the Financial Markets Authority. 'In Australia, there are hundreds of responsible entities who play that role.' Callanan said if a fund manager was failing, it would not be able to access investor funds. 'That's another area that in those scenarios that I've seen in Australia hasn't worked. You've got fund managers just dipping into investor monies, you know, to go and buy a Lamborghini or whatever they feel like on a whim. 'That just couldn't happen here because we've got independent custodians and again, Public Trust is an independent custodian for a number of KiwiSaver providers, and that can give investors confidence.' He said there was also a strong conflict-of-interest regime in place. 'Even for fund managers who might undertake what is called a related-party transaction ... the Financial Markets Conduct Act stipulates the process they have to go through to work with their supervisor to get that transaction across the line.' But that does not mean you cannot lose money in KiwiSaver. Callanan said there was always the risk that investments could go wrong and financial markets might not perform as expected. 'But if you're with a KiwiSaver provider in New Zealand, you can have confidence that there's a mechanism in place in the supervisors that if something was to go wrong with that manager, the supervisor would step in and stop you falling down the metaphorical cliff. 'There's always the possibility that someone makes a silly financial decision or you could pick an investment that's really bad. My advice would be to avoid a situation where you have all your eggs in one basket.' He said that could only happen with the KiwiSaver schemes that allow people to choose their own investments. 'Most KiwiSaver providers are offering these diversified products and you can be really confident you've going to get a good outcome because you've spread your risk in an appropriate way.' Financial Markets Authority (FMA) director of markets, investors and reporting John Horner said the law prescribed the segregation of duties in relation to managed investment schemes. 'Generally, while the manager of the scheme is responsible for investment decisions, the custodian is responsible for holding and safeguarding the scheme property – segregation of legal ownership – and for keeping records of the scheme property – segregation of functions. Supervisors licensed by the FMA are responsible for custody. Depending on the scheme's governing documents, a supervisor may appoint another appropriate independent person as custodian. 'MIS [managed investment scheme] managers and supervisors are obliged to act with care, diligence and skill. MIS managers are expected to maintain strong capital positions, professional indemnity insurance, parent company guarantees or other, similar arrangements. Managers are also required to notify the supervisor if they are, or are likely to become, insolvent. The supervisor is responsible for monitoring the manager's performance of its functions and obligations, as well as its financial position. 'In the event that the fund manager becomes insolvent or is otherwise unable to continue operations, the supervisor has the power to appoint a temporary manager to ensure the continued management and operation of the fund until a permanent replacement is appointed.' – RNZ


Otago Daily Times
05-07-2025
- Otago Daily Times
The rubber meets the road, again
Bridgestone Queenstown's back under the ownership of Paul Robertson, pictured third from left, with, from left, Mike Watson, Georgia Young, Kyle Barringer, Lee Jenaway, Cam Morris and Nick Sloley. PHOTO: SUPPLIED Queenstowner Paul Robertson's come full circle. The fifth-generation local — his great-great grandfather was James Robertson, Queenstown's first mayor; his brother was the Earnslaw's first skipper — last Friday bought back Bridgestone Tyre Centre, which had sites at Industrial Pl, in Queenstown, and Jock Boyd Pl, at Frankton. He set up the latter during his first spin as the owner, about 15 years ago, but on Monday he amalgamated both stores at the Frankton site, with nine local staff. That decision's been led by the growth at Frankton, he says. Robertson's spent most of his life in the tyre industry, starting out with Mike Hansen when he was 15, and then working for Bridgestone, under Andrew Earl, a year later. He went on to manage the Beaurepaires store, at just 18, became the national sales manager for Goodyear Dunlop and then national sales manager for YHI International, for commercial tyres. But when his dad got sick, Robertson, who had been based out of Christchurch and Wellington, decided to move back, so bought Bridgestone about 2010 to be close to him. He stayed on as the owner till just before Covid. ''I wanted a change, and to do a building apprenticeship, [and] Bridgestone New Zealand wanted to buy it. "But I've always wanted it back ... I'm really excited to sink my teeth back into it again," he says.