Tuesday, April 16, 2024

Lamborghini Sold 400 Units In India Since Their Entry To The Indian Market

Automobili Lamborghini S.p.A., an Italian premium sports car manufacturer, recently announced the achievement of a significant milestone. Since its debut in 2007, the Sant’Agata-based automaker has successfully sold more than 400 units of its fantastic automobiles in India.

In addition, the company stated that they have delivered roughly 100 cars in the last six months and have seen an 86 percent increase in sales in FY2021. In Goa, the firm held its third ‘Lamborghini Day’ event for existing and potential consumers to commemorate the brand’s expansion in the country.

“We are pleased to announce the achievement of 400 Lamborghinis in India and mark the Lamborghini Day experience with this milestone achievement along with our customers who have supported us in this journey,” Sharad Agarwal, Head of Lamborghini India, said during the announcement of reaching this historic milestone. We will continue to provide new platforms for our present and prospective customers to experience the Lamborghini brand’s values in India.”

The hyper SUV Urus was credited by Lamborghini India with reaching this massive milestone. The company delivered the 100th Urus in March of last year, and the number has definitely increased since then. In India, the brand also released two limited-edition Urus: the Pearl Capsule Edition and the Graphite Capsule Edition. N. T. Rama Rao Jr., a well-known South Indian actor, purchased the first unit of the Graphite Capsule Edition.

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Automobili Lamborghini sold 5,021 Urus Super SUVs worldwide, followed by the V10-powered Huracan, which had a huge increase in sales to 2,586 units courtesy of the Huracan STO in 2021. In addition, 798 Aventadors (V12 type) were sent around the world last year.

“I think there’s a significant chance for expansion in India,” Lamborghini CEO Stephan Winkelmann stated in a recent media interview, “because there’s a lot of wealth around the Indian market, and we’ll see how this develops.” We had one of the highest percentage growth rates last year, so there are possibilities for the future.” “What we can observe in the Indian market is that we are seeing an increasing number of ultra-high-net-worth individuals joining the market,” he continued. We now have a second generation of ultra-high-net-worth individuals, and their average age is lower than in other nations,” says the report.

The roaring bull began operations in the Indian subcontinent in 2007 with a single dealer, and 15 years later, the brand has grown to include two additional sites. In India, Lamborghini currently has three dealerships: Bengaluru, Delhi, and Mumbai.

In the coming months, Lamborghini will disclose two breakthroughs for the Huracan and Urus, bringing the age of internal combustion engines to a close and ushering in the age of hybridization. With the introduction of the vehicle that will replace the Aventador in 2023, the brand will begin the hybridization process.

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