Lamborghini taking the financial bull by the horns
Just before Winkelmann stepped in, the company had finally surpassed 1,000 units sold in 2003, but it wasn't until 2004/2005 that they saw any kind of profit. Last year, they passed 2,000 vehicles sold worldwide and reported earnings of €18.1 million. That's a far cry from the 1970s and 1980s, when selling 250 cars a year seemed fine. Looks like the Superleggera and LP640 Roadster have made '07 a pretty good year so far, too. And there is more to come. "We're getting serious," Winkelmann says. "We are not just a toy producer for men. We are a quality car company and the results will speak for themselves."
Read the whole story to see more details about Winkelmann's plan for the company. Hint: It doesn't include a third (or fourth) model.
[Source: Times Online]
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models