Lamborghini also takes a step towards hybrid cars

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After nine months of record numbers, the company aims to complete its best year

Lamborghini is progressing faster than ever in its strategic growth: the Sant’Agata company is leaving behind the best nine months in its history and is saying goodbye to the “pure” V12 combustion engine to make way for the historic phase of transformation that will take place next week. to start. year with the hybridization of the entire range by 2024.

Of all the models, the Huracán was the fastest growing, with 2,378 units delivered worldwide and an increase of 11% compared to the same period of the previous year. In absolute terms, on the other hand, there was
a real Urus sales recordwith 4,834 delivered between January and September (+7%), the highest number of Super SUVs delivered in the first nine months since its debut in 2018.

The V12 model, the Aventador, reached the end of its production cycle: in September, Lamborghini said goodbye to the last Aventador, which left the production line with all the emotion of those who have worked since 2011 and have been part of the success of one of the most iconic models in Lamborghini history.

In 2022, Lamborghini launched a series of innovative initiatives to celebrate the final year of the combustion engine: from
the commercial launch of the Huracán STOfollowed by the debut of the Huracán Tecnica, until the recent restyling of the Urus with the Urus S version and its high-performance version, the Urus Performante, which set a record for an SUV on the famous and challenging Pikes Peak.

The final goodbye to the pure combustion engine will take place at the end of this year at the fair
Miami Art Basel with an off-road version of the Huracán, a model destined to impress again and create a new segment in the world of supercars.

Deliveries from January to the end of September amounted to 7,430 units (8% more than in the same period of 2021). Sales in the three macro regions
where Lamborghini is present, Americas, Asia-Pacific and EMEA (Europe, Middle East and Africa) grew proportionally. The reference market remains the United States (+8%), followed by China (+5%), Germany (+16%), the United Kingdom (+20%) and Japan (+26%). The turnover for the first nine months amounted to 1,930 million euros, 30.1% more than in the same period of 2021. The operating result also increased by 68.5% to 570 million euros.

The corresponding operating margin (RoS) was 29.6%, up from 22.8% in the same period of the previous year. The increase in profitability was due to higher volumes, growth in average sales per car (thanks to product mix and more customization) and favorable exchange rate developments.

Stephan Winkelman, President and CEO of Automobili Lamborghini, commented: “These improving numbers demonstrate the strength of Lamborghini today. We have an order book that already spans the first quarter of 2024, and this allows us to work calmly and carefully on the challenges ahead, such as the first step towards hybridization that will begin in 2023.”

Paul PomaCEO and CFO of Automobili Lamborghini, added: “The current situation is still characterized by the instability of macroeconomic variables, while the company shows its strength by
growth of all company figures and financially. We look forward to closing the financial year better than ever.”

Source: La Verdad

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