Lamborghini SELLS OUT of luxury sports cars as customers spend after lockdowns

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Lamborghini SELLS luxury sports cars as customers who have been sitting at home for months splash out

  • Italian luxury brand said it has sold about 10 months of 2021 production capacity
  • CEO Stephan Winkelmann said 2020 was the company’s ‘second best year ever’
  • Supercar deliveries shot up nearly 25 percent in the first quarter
  • Comes as rich clients splash out after Covid-19 rules lift

Lamborghini has nearly stopped selling luxury sports cars this year as customers have been sitting at home for months due to the coronavirus pandemic outbreak.

The Italian supercar brand has sold about 10 months of its production capacity, Chief Executive Officer Stephan Winkelmann said Bloomberg in an interview at the Milano Monza Motor Show.

“Despite a two-month shutdown due to the pandemic, Lamborghini finished 2020 as the second best year ever,” Winkelmann said.

He added that Lamborghini’s shipments were up nearly 25 percent in the first quarter.

Among the stars recently spotted with Lamborghinis are former Emmerdale actor Kevin Fletcher and Chloe Ferry of Geordie Shore.

Fletcher was spotted in his £180,000 Lamborghini Huracan convertible outside a Cheshire supermarket in February. Fletcher is a car enthusiast and has his own motorcycle racing team.

Since April, Ferry has regularly posed in front of her £160,000 fire truck red Lamborghini in photos uploaded to social media.

Crowds gathered at the motor show to see new models from more than 60 car manufacturers, including Ferrari, Porsche and McLaren. On Lamborghini, the Huracan STO stood near Milan’s iconic Duomo cathedral.

The car has a maximum speed of 192 miles per hour and can go from 0-100 kilometers per hour in three seconds.

Lamborghini has nearly stopped selling luxury sports cars this year as customers have been sitting at home for months due to the coronavirus pandemic outbreak.  Pictured: The Huracan STO

Lamborghini has nearly stopped selling luxury sports cars this year as customers have been sitting at home for months due to the coronavirus pandemic outbreak. Pictured: The Huracan STO

The Italian supercar brand has sold about 10 months of its production capacity, Chief Executive Officer Stephan Winkelmann told Bloomberg in an interview at the Milano Monza Motor Show.  Pictured: The Huracan STO

The Italian supercar brand has sold about 10 months of its production capacity, Chief Executive Officer Stephan Winkelmann told Bloomberg in an interview at the Milano Monza Motor Show. Pictured: The Huracan STO

Despite the pandemic, Lamborghini deliveries are up nearly 25 percent in the first quarter.  Pictured: The Huracan STO

Despite the pandemic, Lamborghini deliveries are up nearly 25 percent in the first quarter. Pictured: The Huracan STO

The sleek two-door car “delivers the feel and technology of a real race car in a road-legal model,” according to Lamborghini’s website.

“Its extreme aerodynamics, track-perfected driving dynamics, lightweight content and the best-performing V10 engine to date come together, ready to bring all the emotions of the track into your everyday life,” the site continues.

Bloomberg reported that Lamborghini is spending €1.5 billion (£1.3 billion) to electrify its lineup by offering plug-in hybrid versions of each model by 2024.

It plans to launch its first battery-only car in the second half of the decade, Bloomberg said.

The move is relatively unusual for a supercar manufacturer, many of whom have been slow to adopt electric vehicles into their brands — often built on the power of their engines.

“Lamborghini doesn’t want to be the first mover at all costs,” Winkelmann told Bloomberg.

“With electrification, we have to pick the right moment, when we think the market is ready and we think we can really be the best.”

Among the stars recently spotted with Lamborghinis is former Emmerdale actor Kevin Fletcher, who stepped into his £180,000 Lamborghini Huracan convertible in front of a supermarket in Cheshire in February.  Fletcher is a car enthusiast and has his own motorcycle racing team

Among the stars recently spotted with Lamborghinis is former Emmerdale actor Kevin Fletcher, who stepped into his £180,000 Lamborghini Huracan convertible in front of a supermarket in Cheshire in February. Fletcher is a car enthusiast and has his own motorcycle racing team

Geordie Shore's Chloe Ferry has regularly posed in front of her £160,000 red Lamborghini in photos uploaded to social media since purchasing the car in April.

Geordie Shore’s Chloe Ferry has regularly posed in front of her £160,000 red Lamborghini in photos uploaded to social media since purchasing the car in April.

Direct rival Ferrari this week appointed new Chief Executive Benedetto Vigna, a 52-year-old physicist who spent 26 years at semiconductor manufacturer STMicroelectronics and is expected to drive Ferrari into the era of electric cars.

A possible sale or offer of the Lamborghini by owner Volkswagen AG was shelved at the end of last year.

Winkelmann said there were no plans to list Lamborghini, which had boosted first-quarter sales by 5.4 percent to €509 million.

Lamborghini’s most exclusive supercars

Lamborghini produces some of the expensive cars on the market, adored by football players, business magnates and celebrities.

In February, the brand set a new record for the most expensive car ever sold at auction, when a 1971 Lamborghini Miura went for £2,078,496 from Sotheby’s Paris.

Here are ten of the brand’s most expensive supercars:

1. gif roadster

Estimated Value: £5.8 million

Horsepower: 750

Top speed: 221 mph

2. Poison

Estimated Value: £3.7 million

Horsepower: 740

Top speed: 221 mph

3. Egoista concept

Estimated value: £2.1 million

Horsepower: 600

Top speed: 202 mph, estimated

4. Miura concept

Estimated value: £2.1 million

Horsepower: 380

Top speed: 322 mph, estimated

5. Sixth Element Concept

Estimated value: £1.9 million

Horsepower: 570

Top speed: 185 mph

6. Aventador J

Estimated value: £1.9 million

Horsepower: 700

Top speed: 200 mph

7. Reventon Roadster

Estimated value: £1.6 million

Horsepower: 661

Top speed: 205 mph

8. Question Concept

Estimated value: £1.5 million

Horsepower: 530

Top speed: 207 mph

9. Mansory Carbonado GT

Estimated value: £1.4 million

Horsepower: 1600

Top speed: 230 mph

10. Mansory Carbonado Grips

Estimated value; £1.1 million

Horsepower: 1250

Top speed: 236 mph

Source: Wealthygorrilla.com

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