Lamborghini's Profits Skyrocket 27.4% For 2008

Lamborghini's Profits Skyrocket 27.4% For 2008
Helped by its drive to cut costs, VW Group owned Italian supercar Lamborghini managed to report a 27.4 percent increase in pretax profits in 2008 over 2007 despite the fact that its sales remained virtually the same.

More specifically, turnover increased from €467,1 million. to €78,8 million in 2008 (+2,5%) while pretax profits rose from €47,1 million to €60,0 million. In terms of sales, the brand with the raging bull logo sold 2,430 cars worldwide in 2008, or 24 vehicles more than 2007 which represents a 1 percent increase.

Not surprisingly, the Italian brand saw a significant decrease in sales in the U.S. with 741 units sold compared to the 930 sold the year before - that's a 20.3% drop. In Europe, the firm's sales remained stable.


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B7FANB7FAN - 4/15/2009 2:35:43 PM
+2 Boost
it will soar even further once the Estoque drops!!!!!!!!!!!!!!!!!!!!!!


Joe_LimonJoe_Limon - 4/15/2009 3:38:27 PM
+4 Boost
Estoque... will be nice, but I am more so waiting to see the murc replacement.


dhkss2002dhkss2002 - 4/15/2009 4:07:57 PM
+2 Boost
"Turnover increased from 467 million Euros to 78.8 million Euros." That doesn't sound right. Anyway, a pre-tax profit of 60 million Euros, jeepers, Oprah spend more than that at the fat farm each year. Oh well, at least they're profitable and that LP-560 is to die for.


dhkss2002dhkss2002 - 4/15/2009 4:10:45 PM
+1 Boost
Ok, now get me a bottle of that Dick Gregory, LOL.


1dott81dott8 - 4/15/2009 4:36:55 PM
+2 Boost
i'm happy to hear the good news. keep up the good work Lamborghini.


Type707Type707 - 4/15/2009 8:28:38 PM
+1 Boost
Glad to hear a Company is ACTUALLY selling. Tsk...Tsk...GM.


S4cabriofoxoneS4cabriofoxone - 4/15/2009 10:47:16 PM
+2 Boost
Audi knows what they are doing. I'm glad that Lamborghini won't have any more survival problems (at least not any time soon).


Agent009Agent009 - 4/16/2009 9:00:40 AM
+3 Boost
Audi introduced cost control measures the Lambo could not have done on their own. They are finally stable after decades of turmoil.


VISOVISO - 4/16/2009 12:40:57 PM
+1 Boost
Congrats to Audi AG making Lambo relevant again (and profitable).
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