Lamborghini has its work cut out for it. After revising the Gallardo, the Bolognese automaker is preparing the (limited) production version of the Sesto Elemento, a roadster version of the Aventador and an all-new replacement for the Gallardo to launch in the coming years. But its biggest project is still awaiting approval. That project, according to former Road & Track editor Matt DeLorenzo (now reporting for Autoblog), is the Urus, which Lamborghini is still waiting for parent-company Volkswagen to approve.

The Urus, in case you don't recall, currently stands as a concept for a new Lamborghini SUV to pick up where the legendary LM002 "Rambo Lambo" left off and further the success that sister-company Porsche has had with the Cayenne. The Raging Bull marque presented the Urus concept at the Beijing Auto Show back in April and at several private viewings prior and since, but while VW has yet to sign off, Lamborghini is reportedly continuing with development. Even if Volkswagen were to give the approval today, however, it would reportedly take until 2017 - at least four and a half years from now - until it could be ready for production.