Automobile industry

In 2020, Lamborghini’s sales volume will be 1.6 billion euro, down 11% year on year

The following is the In 2020, Lamborghini’s sales volume will be 1.6 billion euro, down 11% year on year recommended by recordtrend.com. And this article belongs to the classification: Automobile industry.

Lamborghini said the company achieved record profits in 2020. Although the factory was forced to shut down for more than two months during COVID-19, Lamborghini still delivered 7430 vehicles in 2020, a drop of 9% compared to the 2019 new high, and sales of 1 billion 600 million euros, down 11% from the same period last year. The company said profits rose to an all-time high as customers ordered higher priced, more customized cars.

The outlook for 2021 looks brighter as soaring global stock markets and rising asset values boost the wealth of wealthy car buyers. The wealth generated by cryptocurrency, spac, IPO and corporate acquisition has also created a new generation of young supercar buyers.

Stephan Winkelmann, CEO of Lamborghini, said the company had nine months of bookings in 2021. “It’s a bit like the stock market. The buyers are in high spirits and they can’t wait to go out and enjoy life again. “

Lamborghini also benefited from the success of its $220000 SUV urus. Since the delivery of urus in 2018, the total production of this model has more than doubled.

Winkelmann said China is expected to replace Germany as the company’s second largest market for the first time this year.

Lamborghini has yet to announce any plans for electric vehicles, but Winkelmann hinted that the announcement could be made in April.

More reading: ZDC: analysis report of China sports car market in July 2012 China Automobile Circulation Association: monthly report of China’s imported automobile market in April 2020 China Automobile Circulation Association: 57 new authorized 4S stores for luxury brands in the first quarter of 2020, 41 online 4S stores returned to China Automobile Circulation Association: sales volume of domestic narrow passenger car market in March 2020 will reach 1.045 million Beijing auto market analysis in January 2020 Ministry of Commerce: China exports 373000 cars from January to may 2020 ACEA: 1.3 million new car registrations in Europe in September 2020, a year-on-year increase of 1.1% Tesla: revenue in the fourth quarter exceeds market expectation, after hours stock price rises more than 11% J.D. Power: US customer service index in 2021 The sales volume of Passat in January 2021 was only 1838, ranking down 63. Canalys: it is estimated that the sales volume of electric vehicles in China market will increase by more than 50% in 2021. China Automobile Industry Association: the sales volume of new energy vehicles in January 2021 will increase by 238.5% year on year. Consumer report: Tesla, the most popular automobile brand, once again ranks the first in China’s urban automobile sales in 2020 Chengdu ranks third in China IHS Markit: it is estimated that the global sales volume of new light vehicles will be 83.4 million in 2021, with a year-on-year growth of 9%

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