Lamborghini close to sold out Covid does not stop the sale of racing cars

Lamborghini close to sold out Covid does not stop the sale of racing cars
Lamborghini close to sold out Covid does not stop the sale of racing cars

The difficulties of the automotive market certainly do not affect Lamborghini. The Sant’Agata Bolognese company had already succeeded in limiting the damage of the pandemic, closing the 2020 financial year with a turnover of 1.61 billion euros, down by only 11% compared to 2019, due to the 70-day production stop in spring, Last year, for the record, Lamborghini had delivered 7,430 cars worldwide, a value that represents the second best commercial result of always after the record of 2019 with 8,205 cars. Now it’s time for revenge spending and the premium brands in every sector are gaining, even more than expected. Lamborghini one of these as confirmed by the managing director Stephan Winkelmann. We are set for strong growth for 2021, deliveries increased by 25% in the first quarter. And we sold about 10 months of our production capacity, he said during the MiMo where the recent Huracan STO was exhibited.

Electrification by 2024 The Sant’Agata Bolognese company does not rest on its laurels, despite having a loyal audience of enthusiasts who continue to buy high-performance cars with petrol engines. It is spending a record € 1.5 billion ($ 1.8 billion) to electrify the range, proposing plug-in hybrid versions of each model by 2024, and plans to launch a first battery-only vehicle during the second half of the decade. The excellent economic results (+ 5.4% in the first quarter of 2021, with 509 million euros in turnover) and the iconocity of its models make Lamborghini a brand that is of interest to large investors. Last month the news of an offer of 7.5 billion euros was delivered to VW, following rumors about the possible sale or listing of the Emilian company, in a context where the Wolfsburg group intended to focus even more on Audi and Porsche, the main profit drivers. But Winkelmann reiterated in Milan that the brand is not for sale and at the moment there are no plans for the listing of Lamborghini.

June 14, 2021 (change June 14, 2021 | 12:51)



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