Lamborghini’s successful push into the Sport Utility Vehicle (SUV) segment has helped boost its valuation to $11 billion (₦3.98 trillion), previously estimated at $9 billion (₦3.3 trillion), making it a viable initial public offering candidate for owner Volkswagen Group, according to Bloomberg Intelligence analysts.
Last year, the Urus pushed the Italian supercar maker to a record-breaking year sales with 5750 cars delivered to customers worldwide, including more than 1,700 Urus models, despite the SUV only going on sale half way through 2018.
The home of the Raging Bull also revealed last month that it delivered 4,553 cars for the first half of 2019. Not only does this represent 96% growth from January 1st to June 30, they also sold more cars than the entire 2017 model year.
Sharing the same Volkswagen Group’s MLB Eco platform with Audi Q7, Porsche Cayenne and Bentley Bentayga, the $200,000 (₦72m MSRP) Urus – pronounced “Oo-rus”, alongside the Rolls-Royce Cullinan and the Bentley Bentayga, are currently the most powerful and best selling production SUVs on the planet.