Lamborghini’s Vehicles Are All Sold Out Until 2024 Despite Global Inflation...Operating profits surged 70% over the first half of 2022.

https://hypebeast.com ^ | Aug 26, 2022 | Staff

[Red Badger]

Despite global inflation rates and the expectation of recession across a number of countries, Italian supercar maker Lamborghini says business has been better than ever, with all of its vehicles already sold out through 2024.

According to a new report from Bloomberg, the automaker is achieving record results in terms of vehicle orders and sales, delivering 5,090 cars over the first half of 2022. The figure represents a 4.9 percent increase over the same period last year and translates to a surge in operating profits by a staggering 70 percent. Most notably, 61 percent of its sales during the period were accounted for by the company’s SUV, the Lamborghini Urus, which has found a much wider market than its conventional supercar counterparts.

“With high interest rates and high inflation, we’re still going strong,” CEO Stephan Winkelmann told the outlet. “With the prices of energy skyrocketing, especially in Europe, we have not seen any slowdown yet.” Despite the stellar results and increasing costs of production, however, the executive claims that prices for its vehicles will not see much of an increase over the next year.

Elsewhere in the automotive industry, Acura has unveiled its Precision EV concept, combining Formula 1 cockpits with Italian power boat aesthetics.

[Red Badger]

DARN!..............😢

[CatOwner]

Many of the wealthy have screwed over the smaller investors, so it’s no wonder they can still afford luxuries like this.

[waterhill]

Bet most are in Dubai.

[rktman]

Wait for the Lambo EVs. They’ll be sold out to 2035.

[PMAS]

Inflation is for the little people

[MotorCityBuck]

Good News, and a Hell of a Ride!

[4Runner]

My bet is on the Mexican cartels.

[Leaning Right]

Bad news for me as I was planning on buying a Lamborghini or two next month. Oh, well. I guess I’ll go with my second choice, a reconditioned Yugo.

[HighSierra5]

The rich get richer and the poor get poorer. Thanks Byedone!

[21twelve]

I sure like the looks of the more conventional models of the supercars. There are lots of Masarati coupes around here that are very understated but I’m guessing they still have plenty of performance.

[Varda]

"Lamborghini Urus" I want one!....as soon as I win the lottery

[gw-ington]

Lamborghini’s Vehicles Are All Sold Out Until 2024 Despite Global Inflation...Operating profits surged 70% over the first half of 2022.

Don't worry, the senile Sleepy Joe puppet and the Laughing Hyena will fix inflation with their Inflation Reduction program which most people say will make inflation even worse ......... soooooo ........ never mind.

[4Runner]

Wait for the Lambo EVs. They’ll be sold out to 2035.

A million dollar car that'll accelerate 0-60 in .245 seconds, then stop dead needing a recharge at .250 seconds?

We live on a petroleum-based planet. Those people will never get it.

[A Navy Vet]

I don’t like the styling. I like the more exotic racing styles. It looks like a soccor-mom sedan.

[Michael.SF.]

They are known to have a sensitive gas pedal.

[Red Badger]

Almost bought a Maserati once................

[dfwgator]

Almost bought a Maserati once................

Does it do 185?

[SGCOS]

Why do Yugos have rear defrosters?

To keep your hands warm while you're pushing it!

[Carthego delenda est]

“It looks like a soccor-mom sedan.”

Yes, it does.

[gw-ington]

Bad news for me as I was planning on buying a Lamborghini or two next month. Oh, well. I guess I’ll go with my second choice, a reconditioned Yugo.

Used car prices have soared, so you could instead buy senile Sleepy Joe's bicycle which likely has damage from his recent fall, resulting in a price discount.