Lamborghini has record sales, 2008 profits

Posted on Thursday, 16 April 2009 , 10:04:00 byEmil

Filed under lamborghinirecordsalesprofit2008chinau.s.Lamborghini

Lamborghini has record sales, 2008 profits

Despite a tough year for the car industry as a total, Lamborghini announced record sales and 2008 profits on Wednesday. Lamborghini late last year hinted that 2008 could be a 'record' year for the firm, with profits and sales topping highs of record.

The Detroit News says the pre-tax profit of Lamborghini totaled 79.6 million Dollars in 2008 – it's up from 2007 with 27 percent. Lamborghini failed to show its 2008 net profits. 'In the light of worldwide economic uncertainties, this new record year above all proves the sustainability of our business strategy' said Stephan Winkelmann - Lamborghini Chief. 'We know that there are tough times ahead now, but we have increased the value and appeal of our luxury brand and we are ready to take on the challenges the future might bring us'.

Lamborghini in 2008 sold a record-setting of 2,430 autos, despite the waning demand on a few of its biggest markets. The U.S. fell 20.3 % to 741 cars, but powerful sales in the Middle East and China helped push the sales to some record levels. Lamborghini did not comment specifically on its 2009 forecast 2009, but affirmed the company focused on turning profits.