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Lamborghini Amongst the Most Profitable Car Brands

turbox submitted on 07/28/2008 Official AutoSpies Timestamp: 11:52 AM
from: ucarmagazine.com

[12] user comments | category: New Cars

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Lamborghini Amongst the Most Profitable Car Brands

Automobili Lamborghini S.p.A. has once again attained record financial results, for the first six months of the financial year 2008 (which ends 31/12/2008). All major indicators such as deliveries, turnover and profit before tax have clearly risen again. The company has reconfirmed its position amongst the ‘most profitable automobile brands’ in the world.
In the first six months of 2008, the tradition-rich automaker located in Sant’Agata Bolognese, Italy, has delivered 1309 cars, which represents a growth of 5,7% compared to the same period of 2007 (1238 cars).

The company also set new records in turnover and pre-tax profit. Turnover rose by 9,6% from € 253.1 to € 277,4 million.

The pre-tax profit increased more substantially than all other key figures. Pre-tax profit has risen by 32,5% to € 35 million (€ 26,4 million for the same period in 2007).

Growth and profitability were driven by three main, mutually-enforcing factors. With a long history of legendary models, the company today has the latest and most attractive model line-up ever. The global introduction of another new model in spring this year, the Lamborghini Gallardo LP560-4, has resulted in a highly favourable market reaction and further added to the product portfolio´s appeal. Alongside product development, the company places persistent emphasis on expanding and moving upmarket its dealership network. At the same time, key brand indicators continue to rise, including general awareness of the marque, its appeal, and the value of the Lamborghini brand with customers and in the public.

The President and CEO of Automobili Lamborghini, Stephan Winkelmann, commented, “Only three years after the turnaround of the company and after several consecutive record years, we are in a good position to achieve another record year. At the same time, we are proud of having established our luxury car brand within the elite group of highly profitable car manufacturers. But we have not finished our job, and remain relentlessly committed to growing both profitability and our international brand presence.”

To further reinforce Automobili Lamborghini’s global and profitable growth, the world-wide dealer network will see on-going expansion. With eight new dealerships opened in the first half of 2008, Lamborghini dealers number 114 today, compared to 65 in 2004.

The demand in 2008 for the Murciélago and Gallardo model variants remains strong, with additional demand created by the new Gallardo LP560-4, altogether resulting in record figures for the first half of FY 2008

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mattman953 - 7/28/2008 12:58:06 PM

+1 Boost

Big suprise!

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EL34 - 7/28/2008 1:19:02 PM

+3 Boost

People that buy these cars don't care about how much gas prices are.

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EL34 - 7/28/2008 4:32:50 PM

+9 Boost

But, you must remember the Lambo cars are not stupid lookin' like the Nissan.

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Agent63 - 7/28/2008 9:05:44 PMView My AgentSpace

+7 Boost

It's not always about the figures but the emotions when driving a car. The GT-R gave me no emotions when I drove it. It just felt like an overpriced Nissan that could have been accomplished by tuning up a 350z or upcoming 370z.

The difference between Lamborghini's and your beloved GT-R is that a Lambo doesn't need hype. The GT-R had to be built up through games and marketing strategies. On top of that a REAL supercar sounds 6 times better, 6 times more curb appeal, 6 times better quality, 6 times more exotic, and 6 times more desirable.

Sorry GT-R for $60k maybe but not for $80k, not for a Nissan. I'm not a badgewhore but don't forget Nissan's an economy brand.

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Lexurious - 7/29/2008 6:22:55 AM

+5 Boost

lol a63 u totally shut me the hell up. i was gonna argue against you cause i never agree with u but with ur 6 this n that it put silence to my fury lmao. gt-r is fast but it does not have those u mentioned. wow ur right on point.

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FerrarisR4me - 7/28/2008 4:41:58 PM

-1 Boost

The only reason I've never bought a Lambo is b/c there wasn't enough cup holders or storage space. Then when I heard about the gas milage, that was the last straw. I couldn't believe it doesn't even get 30 mpg. And now they are making record profits while helping the terrorists win? Incredible.

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CLK63BlackSeries - 7/29/2008 8:57:52 AMView My AgentSpace

+2 Boost

lol you're funny

ym73 - 7/28/2008 8:21:27 PM

+2 Boost

The might have the highest profit margin per car, but they are not the most profitable. Their profit is 277 million euros. Toyota, BMW, Mercedes have profits in the billions.

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