Bullish Lamborghini rolls out Huracan Evo Spyder

Bullish Lamborghini rolls out Huracan Evo Spyder

With the new car, priced at Rs 4.10 crore, the Italian company is also looking to expand its segment leadership further and has opened a new dealership in the city.

AgenciesUpdated: Friday, October 11, 2019, 09:01 AM IST
article-image

Mumbai: Super luxury carmaker Lamborghini on Thursday launched the Huracan Evo Spyder, and said it is looking a 30% volume growth despite the deepening slump in the market.

With the new car, priced at Rs 4.10 crore, the Italian company is also looking to expand its segment leadership further and has opened a new dealership in the city.

The bullishness comes despite the fact that the domestic super luxury car market is around 300 units per annum and the volume is expected to remain stagnant for the second consecutive year in 2019.

And Lamborghini India head Sharad Agarwal blamed the negative sentiment coupled with high taxation and "inconsistent" government policies for the troubles that the industry is facing now.

RECENT STORIES

Neolite ZKW Lightings Files Draft Papers For ₹600-Crore IPO With SEBI

Neolite ZKW Lightings Files Draft Papers For ₹600-Crore IPO With SEBI

Banks Post Robust Performance In FY25; GNPA Declines To Multi-Decadal Low Of 2.2 Per Cent, Says RBI

Banks Post Robust Performance In FY25; GNPA Declines To Multi-Decadal Low Of 2.2 Per Cent, Says RBI

Office Leasing In India Steady At 75.2 Million Sq Ft In 2025, Bengaluru Leads: Savills

Office Leasing In India Steady At 75.2 Million Sq Ft In 2025, Bengaluru Leads: Savills

India’s Capital Market Likely To Witness ₹4 Lakh Crore Capital Formation In 2026

India’s Capital Market Likely To Witness ₹4 Lakh Crore Capital Formation In 2026

India Poised To Become 3rd-Largest Economy With GDP Of $7.3 Trillion By 2030

India Poised To Become 3rd-Largest Economy With GDP Of $7.3 Trillion By 2030