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Could Lamborghini be feeling the effects of the economy?

Last month we reported how Ferrari was up in sales for 2008. Well now we are reporting that market competitor Lamborghini is beginning to feel some negative effects of the economy on its sales numbers. Lamborghini CEO Stephan Winkelmann recently spoke of the state of Lamborghini and its future, depicting a grim 2009 with luxury market sales down spiraling 40 percent for the first two months of 2009.lambo2_001.jpg
For those who have already placed orders, well you are in luck. Average waiting times have been cut from twelve months to just under six months in order to complete orders and ship them out before anything else negative stirs up. So far, Lamborghini has received 100 orders for the new Murcielago LP 670-4 SV for which only 350 will be made. Ironically, in a more stable economy we would have seen all 350 units pre sold before the car even being available to the public.

Over 200 people were temporarily cut this week in an effort to stabilize an uncertain future. This 20% cut in workforce also mimics what Winkelmann explains as “temporary” despite the financial difficulties that Lamborghini will be facing in the near future.
Lamborghini expects a 20% drops in sales for 2009 but with the state of the American economy, and the fact that we are its largest market slice, things could get worse…

This post was written by:

Drew - who has written 230 posts on Tuned.com!.

I am Tuned's Editor in Chief. The Staff and I are eager to bring you a fantastic way of looking at the automotive world, we welcome you to the world, the lifestyle that is Tuned.

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