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Lamborghini CEO says Urus brings lots of new customers from Russia and India
Tue, Mar 13 2018The new Lamborghini Urus might turn out to be a golden goose for Lamborghini. The twin-turbo V8 SUV is finding new customers for the Italian supercar manufacturer, and in an interview with CNBC, Lamborghini's CEO Stefano Domenicali says the reception for the $200,000 vehicle has been unexpectedly "fantastic." The outlook for Lamborghini's 2018 sales is projected at 5,000 cars, and the Urus could account for over a thousand of those. By 2020, Lamborghini would be building some 8,000 cars per year, and over a half of those would be Urus sales. Domenicali says that would be a point where Lamborghini would restrict its growth, as does rival Ferrari, to keep its supercar brand exclusive. The head of Lamborghini's Asia Pacific sales, Andrea Baldi also says the manufacturer will "always make sure" that demand for its cars is higher than the supply. If making SUVs turns out to be a success for Lamborghini, the key might be hidden in the nameplate of the Urus. It's indeed Russia that looks to be a fertile land for Urus sales, since it's a country with both demanding roads and demanding customers. Domenicali says Russian roads have made it hard to sell traditional Lamborghini products, but the SUV should find a strong customer base there. India is another significant new market for the Urus, for similar reasons. And as for the influx of new Lamborghini customers: a growing part of them are cryptocurrency investors. It looks like bitcoin bros will only accept a Lamborghini as the token of their newfound success. "These are young people that want to become very rich with a high-risk investment," said Domenicali. "And our customers are young as well, and very aspirational. They are not shy. So I think there is a connection." Related Video: News Source: CNBCImage Credit: AOL/Drew Phillips Lamborghini Crossover SUV Luxury Performance stefano domenicali
Volkswagen breaks 40-year-old sales record in 2012
Sun, 13 Jan 2013The last time Volkswagen moved this many vehicles in America in one year, Richard Nixon was still a President in good standing, Let It Be was a radio hit and each car wearing the VW badge boasted an air-cooled engine. That's right, with a grand total of 580,286 vehicles sold in the US last year, the VW Group has broken its own four-decades-old sales record by 2,899 vehicles.
Of that 580k total sold, 438k were Volkswagens and 139k were Audi products - increases of 35.1 percent and 18.5 percent, respectively, in year-over-year sales. The ultra-premium members of the VW group also fared well; Bentley delivered 2,315 vehicles for a 23.3-precent increase, and Lamborghini delivered 520 units for a 52.9-percent jump. Bugatti, we're told is "right on track."
Jetta (pictured) sales paced the marque with 170k models sold, and Passat also finished very strong with sales of 117k total. Tiguan also racked up its best year on file, with 31,731 models shifted.
The Lamborghini Huracan Performante Spyder is a roofless mouthful of awesome
Tue, Jun 13 2017We were not expecting the Lamborghini Huracan Performante Spyder to be much different than its fixed-roof counterpart, and as the camouflage comes off this theory looks to be vindicated. That's good news all around, except for perhaps your hairdo. As a quick refresher, we saw much more covered-up spy shots a while back. It revealed that the Performante coupe's transparent engine cover would be replaced by an opaque one and a cowl to hide the roof when it's down. That's borne out here, and since the top's down in these new photos, you get a great look at the clean lines of the cowl. Like the coupe, it'll pack a 630 horsepower V10 and Lamborghini's incredible Aerodinamica Lamborghini Attiva system. That's Lambo-speak for active aero, and it's what let the coupe lap the 'Ring in under 7 minutes. The Spyder should be packing that system too, although it's likely to be heavier and slightly less slippery than its tin-top cousin. Related Video: Image Credit: SpiedBilde Spy Photos Lamborghini Convertible Performance