News
Lamborghinis Are Almost Sold Out For The Year
Lamborghini said it’s almost sold out for the year, Bloomberg reports.
The post-COVID-19 spending spree by consumers who had been restricted for over a year has been cited for this.
The Italian supercar brand is set for “strong growth” in 2021 and has sold about 10 months worth of production capacity, Chief Executive Officer Stephan Winkelmann said in an interview with Bloomberg at the Milano Monza Motor Show. Lamborghini showed the Huracan STO at the show.
“Despite a two-month shutdown due to the pandemic, Lamborghini ended 2020 as its second-best year ever,” Winkelmann said. Bloomberg reported that crowds swarmed more than 60 brands on display at the show, including Porsche, Ferrari, and McLaren, “in a sign of normal life resuming in major cities like Milan,” adding that Lamborghini deliveries surged almost 25% to a record during the first quarter.
Buyers might be snapping up supercars, but as we’ve reported, Lamborghini is also beginning to electrifying its lineup. A few weeks ago we wrote that Lamborghini planned to spend a record amount to offer plug-in hybrid versions of its whole lineup by 2024. It also plans to launch its first EV in the second half of the decade.
“Lamborghini doesn’t want to be the first-mover at all cost,” Winkelmann said. “In electrification, we need to choose the right moment, when we think the market is ready and we think we can really be the best.”
VW late last year stopped discussions of possibly selling or spinning off Lamborghini to better focus on Audi and Porsche, its biggest money makers.
Winkelmann reiterated the brand wasn’t for sale following a report last month of VW receiving a $9 billion offer. There are no plans to sell Lamborghini, he said.
-
Celebrities Auto1 week ago₦6B Worth of Supercars: Jeff Forex And Habby Forex Takes Delivery Of Their Lamborghini Aventador SVJs
-
News1 week agoThe Mazda MX-5 (Miata) May Become An EV
-
News1 week agoDavido’s Shows Off $5m Mistral, Burna Boy’s Chiron, EFCC Seizes Aisha’s Exotic Cars Worth ₦4.3b, Hongqi E-HS9 Spotted, Nigerian News In July
-
News1 week agoThe Largest U.S. Recall Of Mercedes-Benz In 2026 Began With A Single Little Component
-
Celebrities Auto2 days agoDavido Orders $15 Million One-of-One Custom Mansory Hypercar, Rumored To Be Based On A Bugatti Centodieci
-
Celebrities Auto3 days agoA Closer Look At Cristiano Ronaldo’s 9 Rare Hypercars : Chiron, Centodieci, AMG One & Monza SP1
-
News1 week agoFull Lists Of Categories Of Vehicles Exempted From Customs Import Duty & VAT, Those Still Taxed
-
News1 week agoThrough 2027, BMW Will Flood The Market With New Vehicles