Lamborghini posts record sales and profits
December 31st, 1969
Lamborghini continues to do something it was incapable of doing in the past – remain profitable. Under the ownership of Audi, the brand has gone from strength to strength and last year sold just over 2000 cars. Figures for the first half of this year have just been announced and it’s more good news. Car sales have gone up to 1343 units, with the majority of them being the new Gallardo Spyder. The recently released LP640 also did well, doubling sales of the Murcielago over last year, and early results for the new Superleggera coupe are also promising.
Revenues were €222m (US$304m) and these turned a profit of €18.1m (US$25m) for the Sant’Agata Bolognese company. All up, Lamborghini should be able to surpass 2500 cars sold this year, and even though this is less than half of what the Ferrari boys across town do, it’s still very impressive for a company that has been on the brink of bankruptcy for most of its life.
Usually we’re not ones to pay much attention to financial issues here at Motor Authority but healthy sales and profits mean more supercars and wild designs. Look out for our review of the Gallardo Superleggera tomorrow.
Lamborghini continues to do something it was incapable of doing in the past – remain profitable. Under the ownership of Audi, the brand has gone from strength to strength and last year sold just over 2000 cars. Figures for the first half of this year have just been announced and it’s more good news. Car sales have gone up to 1343 units, with the majority of them being the new Gallardo Spyder. The recently released LP640 also did well, doubling sales of the Murcielago over last year, and early results for the new Superleggera coupe are also promising.
Revenues were €222m (US$304m) and these turned a profit of €18.1m (US$25m) for the Sant’Agata Bolognese company. All up, Lamborghini should be able to surpass 2500 cars sold this year, and even though this is less than half of what the Ferrari boys across town do, it’s still very impressive for a company that has been on the brink of bankruptcy for most of its life.
Usually we’re not ones to pay much attention to financial issues here at Motor Authority but healthy sales and profits mean more supercars and wild designs. Look out for our review of the Gallardo Superleggera tomorrow.
Revenues were €222m (US$304m) and these turned a profit of €18.1m (US$25m) for the Sant’Agata Bolognese company. All up, Lamborghini should be able to surpass 2500 cars sold this year, and even though this is less than half of what the Ferrari boys across town do, it’s still very impressive for a company that has been on the brink of bankruptcy for most of its life.
Usually we’re not ones to pay much attention to financial issues here at Motor Authority but healthy sales and profits mean more supercars and wild designs. Look out for our review of the Gallardo Superleggera tomorrow.
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Comments (3 total)
Meet the top commenters on the LeaderboardBy HECTOR #1, Posted: 7/31/2007
Proof positive that you don't have to have 45 different categories of cars - like the Germans (except Porsche... for now) - to be able to turn a profit.
By Gus #2, Posted: 7/31/2007
Yes, I agree.
I don't think the Lambo SUV will make a comeback anytime soon, followed by a minivan and of course the ubiquitous cute ute...
By moaz #3, Posted: 4/30/2008
i need your sales and profits of last 15 month as a student of university
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