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

Razorpay POS Secures RBI Licence As Offline Payment Aggregator, Completes Trio Of Key Regulatory...
Razorpay POS Secures RBI Licence As Offline Payment Aggregator, Completes Trio Of Key Regulatory...
Reform Momentum: India Widens Export Base To Blunt Global Shocks, Pursues New Trade Pacts, FTA...
Reform Momentum: India Widens Export Base To Blunt Global Shocks, Pursues New Trade Pacts, FTA...
Zee Entertainment Net Profit Surges 127% YoY To ₹109 Crore In Q3, Revenue Rises To ₹2,124 Crore
Zee Entertainment Net Profit Surges 127% YoY To ₹109 Crore In Q3, Revenue Rises To ₹2,124 Crore
Bank of India Shares Surge Nearly 7% To 52-Week High After Q3 Profit Rises 7% To ₹2,705 Crore
Bank of India Shares Surge Nearly 7% To 52-Week High After Q3 Profit Rises 7% To ₹2,705 Crore
Steel Strips Wheels Q3 Profit Jumps To ₹466 Crore, Revenue Rises 23% YoY To ₹1,321 Crore
Steel Strips Wheels Q3 Profit Jumps To ₹466 Crore, Revenue Rises 23% YoY To ₹1,321 Crore