MILAN — Lamborghini may promote 10,000 vehicles this yr for the primary time, its CEO mentioned, as the posh sports activities carmaker reported an increase in revenue and revenues for the primary half.
The Italian model, a subsidiary of Germany’s Volkswagen, bought 5,341 vehicles between January and June, up 4.9% on the identical interval final yr. The USA was its largest single market, with 1,625 deliveries.
Chairman and CEO Stephan Winkelmann mentioned it was not simple to make forecasts because of market uncertainties, together with with uncooked supplies, however added that promoting 10,000 vehicles this yr was a “possible purpose”.
“It’s not one thing we’re obliged to realize, but it surely’s necessary to point out what the well being of the corporate is and the way huge (shoppers’) willingness to purchase our vehicles is,” Winkelmann mentioned.
Supported by the success of its Urus SUV, which prices round 200,000 euros ($219,900) earlier than tax, Lamborghini has lately expanded its output, counting on stable demand from rich automobile lovers. It delivered over 9,200 autos in 2022.
Rival Ferrari, whose headquarters is lower than 40 kms (25 miles) away, shipped greater than 13,200 vehicles final yr.
Within the first half, Lamborghini’s revenues grew 6.7% to 1.42 billion euros and its working revenue rose 7.2% to a report 456 million euros, the corporate mentioned.
Lamborghini is investing 1.9 billion euros to 2027 in its shift to hybrid and electrical vehicles, however additional investments are anticipated.
The carmaker earlier this yr introduced its first plug-in hybrid mannequin, the Revuelto, including to the Huracan 10-cylinder sports activities automobile and the Urus in its present vary. The road-up is ready to change into all hybrid subsequent yr with the brand new Urus and a brand new sports activities automobile changing the Huracan.
Lamborghini plans to launch its first fully-electric mannequin in 2028 – three years after the primary promised by Ferrari – adopted by a battery model of Urus in 2029.
“What issues is to be there on the proper time, after we know we’re at our greatest and the market is prepared,” Winkelmann mentioned.
He added using so referred to as e-fuels was an choice, however just for the model’s sports activities automobile fashions. However any selections about attainable e-fuel powered fashions for the subsequent decade would rely upon future regulation in several components of the world, not solely in Europe, Winkelmann mentioned.