LAMBORGHINI HURACAN STO MODEL
In India, young revving up demand for Lamborghini: Stephan Winkelmann
Lamborghini is experiencing strong sales growth in India, with young, aspiring Indians driving demand for its supercars. The company's CEO, Stephan Winkelmann, noted the surprising improvement in India's infrastructure and the increasing interest from women buyers. With a stable tax regime and a growing luxury segment, Lamborghini is optimistic about its prospects in India. The company sells three models in India, with sales crossing 100 vehicles in 2023. Winkelmann also highlighted efforts to reduce carbon emissions as part of the company's future plans.
Lamborghini topped 10,000 sales last year for first time, CEO Stephan Winkelmann says
"I am so incredibly proud to announce that we have reached another historic milestone," he said on Linkedin. Supported by the success of its Urus SUV, which now costs over 230,000 euros ($250,000), Lamborghini has in recent years expanded its output, relying on solid demand from wealthy car lovers.
Revuelto hybrid: Lamborghini’s most expensive model in India sold out till 2026
Priced at Rs 8.89 cr (ex-showroom), it’s the most expensive model launched in India by the Bologna-based manufacturer. It marks the entry of Lamborghini in the plug-in hybrid electric vehicle segment. The hybrid Revuelto is a much more powerful successor to the Lamborghini Aventador, which was discontinued in 2022.
Many buyers of Lamborghini in Indian Diaspora: CEO Stephan Winkelmann
"There are more (Indian) owners than we sell cars in India. What is a bit of a challenge today for the Indian market, for sure, is the high taxation we have for our type of products, and then, the infrastructure," Stephan Winkelmann told ET.
Advanced Lamborghini SC63 LMDh unveiled, set to compete at Le Mans
Enthusiasts and fans can witness the Lamborghini SC63 firsthand at the 2023 Goodwood Festival of Speed, taking place from July 13th to July 16th.
Prepare to be shocked: This iPhone 14 model is costlier than Lamborghini Huracan Evo
Believe it or not, this iphone 14 Pro Max model will blow your mind with its unthinkable cost of almost $616,000 (approximately Rs 5 crore). Calling it India's most expensive phone, the Diamond Snowflake variant surpasses the cost of the Lamborghini Huracan Evo supercar, which is currently available in India for Rs 3.7 crore.
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Lamborghini India shifts to hybrid gear
Lamborghini India is investing €1.8bn to ensure its entire range is hybridised by 2024. The company's last internal combustion model was the recently launched Urus S. Lamborghini India's fastest growing market for the past two years has been the luxury supercar Urus, a crossover SUV that has proved popular among first-time buyers both in India and globally.
Lamborghini India expects luxury supercar segment to see double-digit growth this year
Lamborghini India is hoping for double-digit growth in the supercar segment in 2023 thanks to better infrastructure, increasing ultra-high net worth individuals, and positive economic forecasts. Lamborghini India began operations in 2007, and last year it sold 92 units, seeing a growth of 33 percent over 2021. The company launched Urus S, the second model in the Urus SUV lineup, with a cost of INR 4.18 crore.
Lamborghini to deploy hybrid tech across model range in India by 2024-end
"The roadmap for us is that by the end of 2024 we are going to hybridise our entire model range. So this year we will have a first hybrid, the new V12, then in 2024 we will have the Urus hybrid and also a new V10 which is also going to be a hybrid," Lamborghini India Head Sharad Agarwal told PTI.
Lamborghini eyes Tier I, Tier II cities for biz growth in India
"We launched a programme and reached out to possible customers in 100 cities. Today we have 50 cities in India where you can find a Lamborghini owner and these Tier I and Tier II cities now contribute to more than 25 per cent of the business. So these cities are becoming very important for us," he noted.
Lamborghini looking to cross century mark in sales in India this year
The company, which sells a range of super luxury cars with prices starting from Rs 3.8 crore in India, is also bringing to the country this year its first hybrid car after it makes its global debut in the first quarter of 2023.
Strong demand momentum in India: Lamborghini
Francesco Scardaoni, Region Director, Automobili Lamborghini Asia Pacific said, “Our sales in the Indian market grew by 33% last year. It is one of the top performing regional markets that recorded the most in terms of order collection on our latest Lamborghini models. We have a strong order book on back of which we can safely say we will grow again this year. We are sold out for 2023.”
Lamborghini sees its first fully electric model at end of decade
Italian supercar brand Lamborghini plans to roll out its first fully electric model at the end of this decade, its Chief Executive Stephan Winkelmann said. The plan underscores an even more cautious approach by Lamborghini - part of the Volkswagen Group - to electrification, after Winkelmann earlier this year said the brand's first fully electric car model would appear in the second half of the decade.
Lamborghini to bid farewell to pure combustion cars this year
The Volkswagen AG brand with the track-focused Aventador, Huracan and Urus SUV models will unveil its first production car with a plug next year before electrifying its full offering by 2024. For this year, Lamborghini has almost sold out its entire production run following record deliveries during 2021, according to Chief Executive Officer Stephan Winkelmann.
Lamborghini looks to deliver consistent growth in India during 2022
While the company is yet to declare the full sales numbers for 2021 in the first nine months of the year, globally Lamborghini delivered 6,902 cars, up 23 per cent compared to 2020 and also plus six per cent versus the same period of 2019. In the Asia Pacific region for the same period, its sales were up 8 per cent.
Pre-owned luxury car dealership Boys and Machines plans expansion
Boys and Machines plans to underpin its ambitious growth goals by expanding its presence aggressively across India and plans to start operations in three more cities - Ahmedabad, Indore and Chandigarh-in 2022, the company said in a release.
Lamborghini looks at doubling sales number in next four years in India
While the company has taken a tad more than a decade to cross the 300 units cumulative sales milestone, Lamborghini India Head Sharad Agarwal said the pace of adding the car has increased over the last few years.
Lamborghini aims at triple digit sales in India
Presently, the Italian company is selling around 52 cars in India and is enjoying market leadership in the super luxury segment, priced above Rs two crore. "We want sell in triple digits in India in the super luxury segment. We are selling around 52 cars in the country at the moment", Sharad Agarwal, head, Lamborghini India told reporters at the launch of Huracan STO super sports car.
Lamborghini Huracan STO model comes to India at Rs 4.99 cr
It has a dry weight of 1,339 kg, which is less by 43 kg compared to the Huracan Performante.
Lamborghini unveils Huracan EVO Rear-Wheel Drive Spyder in India at Rs 3.54 cr
The car is powered by a V10 engine delivering power of 610 hp and is capable of accelerating from 0-100 km/h in 3.5 seconds.
India is central to Asian market strategy: Automobili Lamborghini's Stephan Winkelmann
He said given the rising number of high networth individuals in India, there will be a shift in the coming years, even as the large part of the population takes the first step towards personal mobility.
Lamborghini and Mercedes Benz's AMG cars to post record numbers in 2021
Lamborghini, the Italian sports car maker, is set to post its highest ever sales in India in 2021after a dramatic bounce back from 25-30% drop in volumes in 2020 hit by the rapid spread of the pandemic. But it was also the year India added one billionaire every 10 days.
Aiming for Indian sales this year to be over 2019 levels, says luxury carmaker Lamborghini
The company is hoping that there is no change in the tax structure in the upcoming Budget to let the segment come back to normal growth trajectory and it believes that any increase would "hit the segment very negatively".
Luxe meets speed! Lamborghini drives in 2021 Huracán EVO RWD with V10, 602 HP engine priced at $208,571
The Huracan EVO RWD is one of the few rear-wheel-drive sports cars still available on the market today.
Urus to drive future growth of Lamborghini in India
The company, which delivered its 50th Urus in India last year, has an eight-month waiting period on the model at present.
Lamborghini sees double-digit sales growth in India in 2020
"We ended 2019 on a very positive note despite whatever challenges we are having in the market. We were aiming higher but due to various challenges we could not reach there," Lamborghini India Head Sharad Agarwal told .
Lamborghini expects 30% growth driven by non-metros
Almost a quarter of Lamborghini’s sales come from cities other than key metropolitan areas.
Lamborghini drives in Huracan Evo to India at Rs 3.73 crore
India is the first market where the luxury car-maker is introducing the Huracan Evo.
Beast of a car: The Lamborghini Huracan Performante Spyder at $310,000 is pure joy
The convertible is more aggressive than the excellent coupe version of the same car.
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