Lamborghini sales down 30%
Jun 10, 2009 | 01:27 PM
#1
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Lamborghini sales down 30%
By Autocar:
Lamborghini boss Stephan Winkelmann has reported a sales drop of 30 per cent in the first five months of this year - and has predicted markets won't recover until 2011.
Lamborghini boosted pre-tax profit 27 per cent in 2008 to 60 million euros (£51.5 million) on revenue up 2.5 per cent to 479 million Euros (£411 million). A serie sof cost savings in particular boosted profits.
"In the first five months we are minus 30 per cent," Winkelmann told the Reuters Global Luxury Summit in Paris.
"We could stay profitable with sales that are dropping at 40 percent (in 2009). We are foreseeing a scenario that is staying on the same level next year and coming back in 2011."
Lamborghini is part of Audi AG, which is owned by Europe's biggest carmaker, Volkswagen AG.
Autocar - Lamborghini sales down 30%
Lamborghini boss Stephan Winkelmann has reported a sales drop of 30 per cent in the first five months of this year - and has predicted markets won't recover until 2011.
Lamborghini boosted pre-tax profit 27 per cent in 2008 to 60 million euros (£51.5 million) on revenue up 2.5 per cent to 479 million Euros (£411 million). A serie sof cost savings in particular boosted profits.
"In the first five months we are minus 30 per cent," Winkelmann told the Reuters Global Luxury Summit in Paris.
"We could stay profitable with sales that are dropping at 40 percent (in 2009). We are foreseeing a scenario that is staying on the same level next year and coming back in 2011."
Lamborghini is part of Audi AG, which is owned by Europe's biggest carmaker, Volkswagen AG.
Autocar - Lamborghini sales down 30%
Jun 10, 2009 | 07:06 PM
#7
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Joined: Apr 2008
Posts: 31,976
From: Minnesota
They'll rebound easily with the Murci replacement and if they build the Estoque sedan, they'll increase sales even more. Nothing to worry about!
That's just because it's all free on the interweb!
That's just because it's all free on the interweb!
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