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

FIIs Set For 2026 Comeback, Analysts Forecast Inflows Amid Strong GDP & Earnings Recovery

FIIs Set For 2026 Comeback, Analysts Forecast Inflows Amid Strong GDP & Earnings Recovery

NCLAT Upholds NCLT Order, Rejects Equitas Bank's Insolvency Plea Against Jumbo Finvest

NCLAT Upholds NCLT Order, Rejects Equitas Bank's Insolvency Plea Against Jumbo Finvest

PNB Exposes ₹2,434 Crore Loan Fraud By Former Srei Promoters, Flags Evergreening & Connected...

PNB Exposes ₹2,434 Crore Loan Fraud By Former Srei Promoters, Flags Evergreening & Connected...

Banking Sector Outlook Brightens: Capital Market Company Elara Forecasts Strong Q3 FY26 Loan Growth

Banking Sector Outlook Brightens: Capital Market Company Elara Forecasts Strong Q3 FY26 Loan Growth

SIP Inflows Surge Past ₹3 Lakh Crore First Time In 2025

SIP Inflows Surge Past ₹3 Lakh Crore First Time In 2025