Lamborghini records 86% growth, crosses 400-unit sales mark in India
Category: #business  By Akshay Kedari  Date: 2022-03-30
  • share
  • Twitter
  • Facebook
  • LinkedIn

Lamborghini records 86% growth, crosses 400-unit sales mark in India

Since it began operations in India in 2007, Lamborghini has delivered 400 Lamborghinis throughout the country, representing an 86% increase. With outlets in Mumbai, Bengaluru, and Delhi, Lamborghini has outperformed its rivals in the ultra-luxury market, such as Ferrari and Porsche. Urus, which is among the world's fastest SUVs, is the brand's top-selling vehicle in India.

Sharad Agarwal, Head of Lamborghini India was thrilled to announce the attainment of 400 Lamborghini sales in India and mark the Lamborghini Day experience with this huge accomplishment along with the customers who have supported the company on this journey.

Lamborghini achieved a sales milestone of 300 ultra-premium automobiles in India last year. The Urus SUV accounted for a third of the 300 vehicles sold, and the facelift version of the Urus SUV is expected to be released later this year.

 In addition to the Urus, Lamborghini also sells its Huracan sports car in India. Huracan STO, Huracan EVO, and Huracan EVO RWD Spyder versions are among its presently available models.

Lamborghini's Chairman and CEO, Stephan Winkelmann, recently stated that the Indian market holds enormous potential for the Italian brand's cars, because of the growing number of wealthy individuals.

He further added that the increase in high net-worth people arriving in the industry will continue to escalate the demand in the coming years.

For those unaware, Lamborghini had its best year ever in 2021 in terms of profit and sales, with 8,405 cars shipped around the world, the super luxury carmaker has announced an all-time high turnover of USD 2.16 billion (1.95 billion euros), a 19% increase over 2020.

This is a 13% surge in delivery numbers for 2020, with the largest increases happening from the Asia-Pacific and Americas. The U.S. remains the brand's most important market, followed by Germany and China.

Source Credit:

https://auto.hindustantimes.com/auto/cars/lamborghini-clocks-86-growth-in-india-sell-400-super-luxury-cars-in-2021-41648520663851.html

About Author

Akshay Kedari    

Akshay Kedari

Akshay holds a Bachelor’s degree in computer engineering. Despite having a penchant for software development and the like, Akshay took to writing as a career owing to his passion for the field. Presently, Akshay writes articles for itresearchbrief.com and a few oth...

Read More>>

More News By Akshay Kedari

SMSes from firms without IMDA registration to be marked ‘likely scam’
SMSes from firms without IMDA registration to be marked ‘likely scam’
By Akshay Kedari

SMS messages sent by organizations that are not registered with the Infocomm Media Development Autho...

Fashion chain Uniqlo to raise pay by over 40% for its Japan workforce
Fashion chain Uniqlo to raise pay by over 40% for its Japan workforce
By Akshay Kedari

Uniqlo, a fashion chain based in Japan, has reportedly announced a pay hike for its workforce in Jap...

U.K. food inflation surges 13.3%; prompts concerns over a difficult 2023
U.K. food inflation surges 13.3%; prompts concerns over a difficult 2023
By Akshay Kedari

Recent figures reveal that food price hikes in the U.K. have reportedly reached a new high in Decemb...