Italian sports car maker Lamborghini, which is part of the Volkswagen Group, increased its operating profit by 7.2 percent to a record 456 million euros (nearly CZK 11 billion) in the first half of the year, the company said today in its earnings report. The carmaker’s boss Stephan Winkelmann considers the target of “selling 10,000 cars this year” to be achievable, despite market uncertainties that make estimates difficult.
Lamborghini Aims for 10,000 Car Sales
Lamborghini’s sales rose 6.7 percent to $1.42 billion. The automaker sold 5,341 vehicles from January to June, up 4.9 percent from the same period last year. The largest single market was the United States, where 1,625 vehicles were shipped.
“It’s not something we’re obliged to achieve, but it’s important to show the health of the company and the willingness (of clients) to buy our cars,” Winkelmann said of the 10,000-car sales milestone.
Expansion and Shift to Electric Cars
Lamborghini has expanded its production in recent years, relying on solid demand from wealthy car lovers. In 2022, the automaker delivered more than 9,200 cars. Rival Ferrari delivered over 13,200 cars last year.
The carmaker is investing 1.9 billion euros by 2027 to switch to hybrid and electric cars, but more investment is expected. Models of Lamborghini’s internal combustion engine cars are sold out until the end of their production, the carmaker said in early July.
The carmaker unveiled its first hybrid model, the Revuelto, earlier this year. It joins the Huracán and the Urus sports car in the existing range. Lamborghini plans to launch its first fully electric model in 2028.
Source: ÄŒTK
