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Lamborghini struggles to cap its own production to maintain brand exclusivity
Mon, Jul 8 2019Lamborghinis, Ferraris, Bentleys, and so on demand high prices, and that's not just because you’re buying incredible performance, technology and luxury. YouÂ’re also buying exclusivity. Recently, however, Wall Street and shareholders have been pressuring supercar makers to produce more cars and yield more profits. The problem is that higher production volume compromises exclusivity and dilutes the brand. So while LamborghiniÂ’s shareholders want the company to produce more cars, executives are seeking to impose limits and cap production. "We must not go on growing forever. We now have to consolidate these results and preserve exclusivity," Lamborghini CEO Stefano Domenicali told reporters at an event inaugurating the companyÂ’s newest paint and body shop at the SantÂ’Agata Bolognese plant in Italy. The execs are having limited success, however, as the company announced that it plans to sell more than 8,000 cars this year, which is “the right dimension of our company with our current product portfolio,” Domenicali said. A run of 8,000 cars would be an increase of 39 percent from 2018's total of 5,750 new Lambos. It has been a strong decade for Lamborghini; a mere 1,302 vehicles were sold back in 2010. However, that goal of 8,000 could swell to around 10,000 cars, depending on whether the company adds another model to its small lineup. Such a case would have to be deliberated among shareholders. Lamborghini saw considerable growth in the first quarter of this year, likely attributed to the launch of its Urus SUV. So far, analysts are forecasting an increase in revenue to around 1.7 billion euros, or $1.92 billion USD, up from 1.42 billion euros or $1.6 billion USD in 2018, said Chief Financial Officer Paolo Poma. At the same event, Lamborghini confirmed that an electric supercar is not in its future at this time as “customers are currently not interested,” Poma said. However, Lamborghini is indeed seeking to add hybrid vehicles to its lineup by 2025, as itÂ’s pressured to lower CO2 emissions and meet future mandates. The Urus is expected to be one of the cars receiving a hybrid powertrain, as it is not planned to get a V10 or V12 engine.
This fresh Lambo Diablo SV could be yours for $500k
Tue, May 3 2016This Diablo isn't just any Diablo: it's a Diablo SV – shorthand for Super Veloce, or really fast. It was the last model that Sant'Agata offered with a V12, a manual, and rear-wheel drive. Despite being 17 years old now, it has just a single mile on the odometer. It features a titanium exterior paint and a black interior, and could hardly appeal to our childhood sense of wonder any more if it had rocket launchers popping out of the fenders. It's offered for sale by the Lamborghini dealership in Montreal – one of North America's great racing capitals, where supercars are thick on the ground in the summer. It can be yours for $499,900. Now if you're thinking that much money could get you into a new Aventador SV, you would be correct. But though the latest version may be empirically better in just about any way you could measure – including a 223-horsepower advantage – it lacks the Diablo's old-school appeal. If you have the money, the choice is yours. Related Video:
Man hired to remove Confederate monuments finds Lambo burned
Wed, Jan 20 2016A contractor in Louisiana is discovering that no good deed goes unpunished. After David Mahler, the owner of H&O Investments, was hired by the city of New Orleans to remove monuments to the rebellious Confederate States of America, he was subjected to death threats. Then his Lamborghini was set on fire. What's bizarre here is the sequence of events. The death threats started rolling in after Mahler was announced as the city's contractor to remove monuments to Confederate Generals Robert E. Lee, PGT Beauregard, and Confederate States of America President Jefferson Davis. Then the threatening phone calls started rolling in, New Orleans NBC affiliate WDSU reports. Mahler then pulled his company out of the job, but that didn't stop the torching of the new Huracan. A Baton Rouge Fire Department investigation into the fire at the H&O Investments office is still in progress, WDSU reports, but when Mahler's attorney calls the circumstances "extremely suspicious," it's not an unreasonable statement. The car was utterly unrecognizable after the fire. You can make out the tires and seat frames, and a lump of melted metal where the engine used to be, but that's about all that's left of Sant'Agata's new entry-level model. It's just another victim in a war that most sane people understand ended over 150 years ago. Check out WDSU's report at the top of the page for before and after images of the poor Huracan.
















