Lamborghini Estoque Concept - Click above for a high-res gallery

After a series of stories surfaced over the weekend reporting the demise of the Lamborghini Estoque, the supercar manufacturer has issued a statement addressing the rumors. According to Lamborghini, the Estoque has not been killed off, but it hasn't been approved for production either.

The release continues to tow the company line that if a new model is added to the Lamborghini line-up, "a four door luxury performance saloon could be a logical product strategy."

When the Estoque was revealed in Paris, the 500-horsepower, V10-powered all-wheel drive sedan was hailed as the automaker's first volume model – a daily driver that could conceivably sell between 2,000 and 3,000 units annually. Speculation of the Estoque's eminent arrival in 2011 was stoked when the company's R&D chief Maurizio Reggiani, said that a case was being made to VW's board and that a mule was currently undergoing testing. Hit the jump to read Lamborghini's brief release.


Related GalleryParis 2008: Lamborghini Estoque LIVE


PRESS RELEASE

LAMBORGHINI ESTOQUE

Sant'Agata Bolognese, 23rd March 2009

In reference to recent press coverage commenting on cancellation of its Estoque project, Lamborghini has not taken any decision to produce its Estoque concept car, the four door performance saloon concept shown at Paris motor show in 2008.

As stated when the car was shown, Lamborghini believes that if a third model line should ever be added to its product line up, a four door luxury performance saloon could be a logical product strategy. No decision has been made to produce the Estoque.