In calendar yr 2022, the Italian tremendous sports activities carmaker Automobili Lamborghini offered 9,233 automobiles worldwide, a rise of 10% over the earlier yr.
The Indian market, nonetheless, contributed simply 1% to international gross sales, with 92 automobiles offered in 2022.
“However this quantity is a big enhance of 33% over a yr earlier gross sales of 69 automobiles,” Stephan Winkelmann, chairman & CEO of Automobili Lamborghini, advised FE over a video name.
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Previous to that, Lamborghini India had offered 37 automobiles in 2020, 52 automobiles in 2019 and 45 automobiles in 2018.
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“India is a tiny market by way of dimension, however in share development it’s performing very effectively,” Winkelmann mentioned. “India has excessive taxation on imported automobiles, and that’s limiting the variety of automobiles offered there. However greater than that, I consider the largest problem is infrastructure, as a result of there are international markets the place taxation on imported automobiles is excessive, however as a result of their street infrastructure is healthier, extra individuals purchase super-sports automobiles in these markets as in comparison with India.”
India imposes 100% responsibility on absolutely imported automobiles with CIF (value, insurance coverage and freight) worth greater than $40,000, and 70% on these costing lower than the quantity. Native registration prices are added onto that worth.
China, however, levies 15% import duties on automobiles, down from 25% it used to levy till June 30, 2018.
That makes Lamborghini automobiles in India doubly as costly as in comparison with most international markets.
Its automobiles — Urus, Huracan and Aventador, with their quite a few variants — are priced on-road upwards of Rs 4 crore, and with customisation that almost all consumers go for, costs can attain Rs 7-8 crore.
So far as international gross sales are involved, the US remained within the high spot (2,721 automobiles delivered); adopted by the Chinese language Mainland, Hong Kong and Macao (1,018 automobiles); Germany (808 automobiles); the UK (650 automobiles); and Japan (546 automobiles).
When it comes to fashions, the Urus Tremendous SUV led the best way with 5,367 items, adopted by the Huracán (3,113 items) and the Aventador (753 items), which reached the tip of its manufacturing run in September 2022.
Lamborghini is now readying its hybrid fashions and ultimately will go electrical. For that, it wants heavy funding and the yr offered a superb begin for a similar. It posted record-breaking figures by way of turnover, which topped 2 billion euros for the primary time with a 56% enhance in working revenue in comparison with 2021. “These figures are available a vital yr, as we’re coming into the second part of the Direzione Cor Tauri: an unparalleled funding plan that can information our development,” Winkelmann mentioned.
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Underneath Direzione Cor Tauri (In the direction of Cor Tauri — the brightest star within the Taurus constellation), Lamborghini is celebrating the combustion engine (2021-22) by presenting fashions paying tribute to the corporate’s latest interval of success.
Then there may be hybrid transition (by the tip of 2024). In reality, in 2023, Lamborghini will launch its first hybrid sequence manufacturing automobile, and by the tip of 2024 your entire vary shall be electrified.
Lastly the primary fully-electric Lamborghini shall be launched within the second half of the last decade.
