Revuelto is offered out for subsequent three years, and Urus SE has an order ebook until 2025.
Lamborghini had a document run final yr not simply globally, with over 10,000 automobiles offered, but additionally in India the place it crossed the 100-unit gross sales mark for the primary time. Talking to our sister publication Autocar Skilled lately, Stephan Winkelmann, CEO of Automobili Lamborghini stated, “India remains to be a small market, however it’s growing very quick.”
Whereas the volumes could also be modest, India is usually mentioned at Lamborghini’s headquarters in Bologna, and the corporate retains a detailed eye on the event of different luxurious product classes like trend, watches and equipment to trace the pattern amongst the Indian youth.
Practically 200-unit order backlog in India
Think about this. The Revuelto’s order ebook is shut for the subsequent three years, it has orders for the Urus plug-in hybrid until 2025 and the present Huracan is offered out until the top of manufacturing. The bookings for the PHEV model of the Huracan shall be opened in Europe on the finish of the summer season.
The corporate presently has an order ebook of just about 20,000 models globally, and in India, nearly all of its automobiles are booked till 2025. This interprets to an order ebook of over Euro 6 billion (over Rs 48,000 crore) globally, and in India, sources say that there are 200 orders pending.
A landmark of 10,000 models annual gross sales in 2023 was not by “likelihood or pushing,” says Winkelmann. The core focus has been on constructing the model. In some markets, the residual worth of the model is greater than the acquisition value, so the automobile appreciates due to shortage and ready time.
Whereas there’s a lengthy wait, Winkelmann assures that the corporate will ramp up capability if wanted. “Ideally, the ready must be greater than a yr; right this moment, we’ve a ready checklist that’s a bit too lengthy, however it’s nonetheless higher this manner than a brief one. We might add extra capability, however we aren’t pushing volumes. We need to have the proper steadiness. If the market is secure and rising, we’ll adapt our capability,” he added.
Lamborghini so as to add one other dealership in India
Francesco Foscini, head of gross sales at Lamborghini, says that the market is ripe for future progress given the rising variety of millionaires in India and the rising economic system. “India is amongst the highest 5 largest economies; it can quickly break into the highest 3 or 4. The market has remained modest because of excessive taxation, the saving tradition and the standard of roads.”
“We’re taking the proper steps. The goal is to develop yr on yr in a rational and accountable means, and never attempt to overshoot,” he added.
Lamborghini presently has three sellers, and Foscini says he sees the potential so as to add one other dealership in India.
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