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

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...

MCX & BSE faced a technology reckoning in 2025

MCX & BSE faced a technology reckoning in 2025