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

Reliance Digital’s Festival of Electronics until Oct 26

Reliance Digital’s Festival of Electronics until Oct 26

Gold Prices Could Hit ₹1.5 Lakh Per 10 Grams By 2026 Amid Global Economic Uncertainty: Report

Gold Prices Could Hit ₹1.5 Lakh Per 10 Grams By 2026 Amid Global Economic Uncertainty: Report

GST 2.0 Already Boosting Festive Sales, Top Ministers To Highlight Diwali Impact In Dhanteras Press...

GST 2.0 Already Boosting Festive Sales, Top Ministers To Highlight Diwali Impact In Dhanteras Press...

Gold Smuggling Sees Big Spike Before Dhanteras, What’s Fueling This Illegal Rush Amid Record...

Gold Smuggling Sees Big Spike Before Dhanteras, What’s Fueling This Illegal Rush Amid Record...

Havells Q2 Profit Rises 18.86% To ₹318.28 Crore

Havells Q2 Profit Rises 18.86% To ₹318.28 Crore