MILAN — Lamborghini might promote 10,000 vehicles this 12 months for the primary time, its CEO stated, 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 Group, bought 5,341 vehicles between January and June, up 4.9 p.c on the identical interval final 12 months. The USA was its largest single market, with 1,625 deliveries.
Chairman and CEO Stephan Winkelmann stated it was not simple to make forecasts attributable to market uncertainties, together with with uncooked supplies, however added that promoting 10,000 vehicles this 12 months was a “possible aim.”
“It isn’t one thing we’re obliged to realize, however it’s vital to indicate what the well being of the corporate is and the way large (purchasers’) willingness to purchase our vehicles is,” Winkelmann stated.
Supported by the success of its Urus SUV, which prices about 200,000 euros ($219,900) earlier than tax, Lamborghini has in recent times expanded its output, counting on strong demand from rich automotive lovers. It delivered over 9,200 autos in 2022.
Rival Ferrari, which has its headquarters lower than 40 km (25 miles) away, shipped greater than 13,200 vehicles final 12 months.
Within the first half, Lamborghini’s revenues grew 6.7 p.c to 1.42 billion euros and its working earnings rose 7.2 p.c to a document 456 million euros, the corporate stated.
Lamborghini is investing 1.9 billion euros to 2027 in its shift to hybrid and electrical vehicles, however additional investments are anticipated.
The supercar maker earlier this 12 months introduced its first plug-in hybrid mannequin, the Revuelto, including to the Huracan 10-cylinder sports activities automotive and the Urus in its present vary. The lineup is about to turn out to be all hybrid subsequent 12 months with the brand new Urus and a brand new sports activities automotive changing the Huracan.
Lamborghini plans to launch its first full-electric mannequin in 2028 — three years after the primary promised by Ferrari — adopted by a battery-powered 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 stated.
He added the usage of so-called e-fuels was an possibility, however just for the model’s sports activities automotive fashions. However any choices about attainable e-fuel powered fashions for the following decade would rely on future regulation in several elements of the world, not solely in Europe, Winkelmann stated.