Lamborghini unveiled the Urus concept over two years ago but it looks like it might not be approved for production anytime soon.

Lamborghini unveiled the Urus concept over two years ago but it looks like it might not be approved for production anytime soon.

Citing company insiders, Autocar is reporting Lamborghini is still discussing the model but there are growing concerns about the global economy. As one source explained, there are a number of indicators - including instability in the Middle East - that could point to a downturn in the global economy. The source went on to say “We are convinced the Urus can significantly boost global sales, but the financial conditions need to be sound."

As we have previously reported, the Urus was slated to be launched in 2017 and ride on the MLB Evo platform.  Lamborghini has been coy on specifications but previous reports have suggested the crossover could be equipped with an Audi-sourced twin-turbo 4.0-liter V8 engine. There have also been rumors about a hybrid variant which could produce up to 680 PS (500 kW).

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