Lamborghini CEO doesn’t see recovery until 2011, sales down 30%

Lamborghini CEO - Stephan Winkelmann

While the rest of the auto industry was struggling, supercar manufacturer Lamborghini reported a record year in 2008. The Italian automaker sold a total of 741 units in the U.S. in 2008 while selling a total of 2,430 units worldwide. However, 2009 isn’t looking to good for Lamborghini.

The Sant’Agata Bolognese automaker’s sales were down 30 percent in the first five months of this year. Winkelmann says that he sees no recovery in its markets until 2011. Even then, Winkelmann says that Lamborghini would achieve a full-year pre-tax profit.

“We could stay profitable with sales that are dropping at 40 percent (in 2009). We are foreseeing a scenario that is staying on the same level next year and coming back in 2011,” he said. “I’m prepared to face another tough year in 2010.”

Winkelmann said that Lamborghini is still dedicated to introducing a new model every year. So far we’ve been hearing of a small Lamborghini and a Reventon Roadster. We’re still crossing our fingers for a production version of the Lamborghini Estoque.

– By: The Daily Auto Editor

Source: Reuters