Lamborghini’s Vehicles Are All Sold Out Until 2024 Despite Global Inflation
Operating profits surged 70% over the first half of 2022.
Despite global inflation rates and the expectation of recession across a number of countries, Italian supercar maker Lamborghini says business has been better than ever, with all of its vehicles already sold out through 2024.
According to a new report from Bloomberg, the automaker is achieving record results in terms of vehicle orders and sales, delivering 5,090 cars over the first half of 2022. The figure represents a 4.9 percent increase over the same period last year and translates to a surge in operating profits by a staggering 70 percent. Most notably, 61 percent of its sales during the period were accounted for by the company’s SUV, the Lamborghini Urus, which has found a much wider market than its conventional supercar counterparts.
“With high interest rates and high inflation, we’re still going strong,” CEO Stephan Winkelmann told the outlet. “With the prices of energy skyrocketing, especially in Europe, we have not seen any slowdown yet.” Despite the stellar results and increasing costs of production, however, the executive claims that prices for its vehicles will not see much of an increase over the next year.
Elsewhere in the automotive industry, Acura has unveiled its Precision EV concept, combining Formula 1 cockpits with Italian power boat aesthetics.
