Lamborghini Gallardo LP560-4: More Power, More Sales, More Profits
April 01, 2008

Volkswagen reported its Lamborghini division doubled its profit in 2007, thanks to strong European sales. It anticipates even higher profits in 2008 with the introduction of the new Gallardo LP560-4.

Lamborghini’s pretax profit hit the equivalent of $74 million (€47 million in 2007 vs. €18 million euros in 2006). That set a new profit record for Lamborghini and marked its fourth consecutive profitable year since returning to profitability in 2004. Revenues rose 35 percent, and vehicle sales increased 15 percent to a record 2,406 sports cars.

Lamborghini's higher sales are due in part to the fact it is making more cars. The Italian sports carmaker has boosted production to 13 cars a day in 2007, a far cry from the one a day made in 2000.

Lamborghini’s European sales rose 22 percent to 959 cars. North American deliveries rose 8 percent to 1,001 vehicles, the first time Lamborghini surpassed 1,000 vehicles sold in a year in North America.

The company expects another good year this year, predicting a 4 percent rise in sales to 2,500 cars, thanks to the new faster, lighter Gallardo LP560-4, which goes on sale later this year and lists at $198,000.

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