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.
Telangana: All 5 Bodies Recovered From Nampally Godown Fire, Cases To Be Filed Against Owner
Mystery Of The Missing ₹400 Crore: Chorla Ghat At Centre Of South India's Biggest Heist Claim
Karnataka: ED Attaches ₹19.46 Crore BMS Trust Properties In Engineering Seat Scam
RBI Could Cut Interest Rates Further If India–US Trade Deal Is Delayed, Says Goldman Sachs
