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

Gold Falls ₹600 To ₹1,31,600/10g On Muted Global Trends, Rate-cut Jitters

Gold Falls ₹600 To ₹1,31,600/10g On Muted Global Trends, Rate-cut Jitters

Over 31.38 Crore Unorganised Workers Registered On e-Shram Portal; NCS Records 6.02 Crore Jobseekers

Over 31.38 Crore Unorganised Workers Registered On e-Shram Portal; NCS Records 6.02 Crore Jobseekers

Sberbank Launches First-India Mutual Fund Linking Russian Investors To Nifty50 Index

Sberbank Launches First-India Mutual Fund Linking Russian Investors To Nifty50 Index

PM Vishwakarma Scheme: 23.09 Lakh Artisans Trained, 6.8 Lakh Receive ₹22 Crore Incentives

PM Vishwakarma Scheme: 23.09 Lakh Artisans Trained, 6.8 Lakh Receive ₹22 Crore Incentives

VIDEO: 'India-Russia Trade Must Be More Balanced,' Says Minister Piyush Goyal; Target USD 100...

VIDEO: 'India-Russia Trade Must Be More Balanced,' Says Minister Piyush Goyal; Target USD 100...