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Lamborghini could sell 10,000 vehicles this year

MILAN — Lamborghini could sell 10,000 cars this year for the first time, its CEO said, as the luxury sports carmaker reported a rise in profit and revenues for the first half. The Italian brand, a subsidiary of Germany's Volkswagen, sold 5,341 cars between January and June, up 4.9% on the same period last year. The United States was its largest single market, with 1,625 deliveries. Chairman and CEO Stephan Winkelmann said it was not easy to make forecasts due to market uncertainties, including with raw materials, but added that selling 10,000 cars this year was a "feasible goal". "It is not something we are obliged to achieve, but it's important to show what the health of the company is and how big (clients') willingness to buy our cars is," Winkelmann said. Supported by the success of its Urus SUV, which costs around 200,000 euros ($219,900) before tax, Lamborghini has in recent years expanded its output, relying on solid demand from wealthy car lovers. It delivered over 9,200 vehicles in 2022. Rival Ferrari, whose headquarters is less than 40 kms (25 miles) away, shipped more than 13,200 cars last year. In the first half, Lamborghini's revenues grew 6.7% to 1.42 billion euros and its operating income rose 7.2% to a record 456 million euros, the company said. Lamborghini is investing 1.9 billion euros to 2027 in its shift to hybrid and electric cars, but further investments are expected. The carmaker earlier this year presented its first plug-in hybrid model, the Revuelto, adding to the Huracan 10-cylinder sports car and the Urus in its current range. The line-up is set to become all hybrid next year with the new Urus and a new sports car replacing the Huracan. Lamborghini plans to launch its first fully-electric model in 2028 - three years after the first promised by Ferrari - followed by a battery version of Urus in 2029. "What matters is to be there at the right time, when we know we are at our best and the market is ready," Winkelmann said. He added the use of so called e-fuels was an option, but only for the brand's sports car models. But any decisions about possible e-fuel powered models for the next decade would depend on future regulation in different parts of the world, not only in Europe, Winkelmann said. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Lamborghini Revuelto revealed, a V12 making 1,001 horsepower

Lamborghini implements 4-day workweek for production workers

Wikipedia Lamborghini is planning to implement a four-day workweek for its production workers. The new workweek is a historic industry win; other auto unions have failed to secure the same terms. Other companies that use the four-day workweek have reported high levels of productivity.  On Tuesday, Lamborghini announced a deal with its unions to implement a four-day workweek for car production workers. The unions called the agreement "historical," per Reuters. It is the first agreement of its kind in the European auto industry that reduces working hours without a wage cut — instead, it includes a raise and a one-time bonus of $1,082 in the next month. Overall, the new workweek will mean production workers work up to 31 fewer days a year, according to Road & Track. Lamborghini isn't the only company in Europe to adopt the shortened workweek — others, like the bank Intesa Sanpaolo and eyewear company EssilorLuxottica, have also recently made the change, per Reuters. Companies in Britain that have made the change have reported increased work productivity, better job retention and recruitment rates, and fewer sick days, according to Reuters. Other unions in the auto industry could not get companies like Ford, General Motors, and Stellantis to approve the shortened work hours, per The Street. "Work less and work better, this is the principle that guided this negotiation, and which is part of a comprehensive reasoning," FIOM and FIM-CISL unions said in a statement, per Road & Track. It's been a year of historic developments for the auto industry. In late October, the United Auto Workers strike ended strikes and made tentative agreements with all Big Three Detroit automakers, per previous Business Insider reporting. The deals included 25% raises, cost-of-living adjustments, and more accessible paths to full pay. Plants/Manufacturing UAW/Unions Lamborghini

Italian cops get a Lamborghini to haul some precious cargo

Three years ago, we told you about Lamborghini's gift to law and order: a Huracan LP 610-4 that was donated to the Italian State Police. That car went into service near Rome in 2015, replacing a Gallardo they'd been using previously. Now, a second Huracan has just been delivered for service in the region around Bologna. Law enforcement may be done a bit differently in the country that convicted, acquitted, re-convicted and re-acquitted Amanda Knox. But why would a police agency need a $200,000, 610-horsepower supercar? Firstly, no one in their right mind turns down a free Lamborghini. Second, it's a display of national pride, decked out, to quote the press release, in "the official colors of the Italian Police (Police Medium Blue), with the white areas and lettering specially executed to match the Huracan's dynamic look. The livery is completed by a stripe divided into the three colors of the Italian flag, which runs along both sides of the vehicle. As is true for all Lamborghini cars, the Huracan Polizia is equipped with P Zero Pirelli tires, but their sidewalls are tinted in Police Medium Blue and were specially created for the occasion." And third, they actually did dream up a role that suits its capabilities. In addition to the usual cop-car complement of police radio, tablet computer, gun holster, fire extinguisher and hand-held sign for directing traffic, the Lambo has been designated for medical responses and, like many police cars in the States, carries a defibrillator for medical emergencies. More to the point, its front trunk is equipped with a special refrigeration system for transporting human organs for transplant. The authorities describe two cases in 2016 in which a series of transplants had donor organs busily crisscrossing the Lombardy and Tuscany regions to various recipients – a situation in which speed is of the essence. Between organ transplants, presumably the car's primary duty will be to look good, serving as an ambassador of goodwill for both the Polizia as well as Lamborghini. Related Video: