Lamborghini Zooms Into India Over PotholesBy
Lamborghini, Volkswagen’s ultra-rarefied brand, opened a second showroom in India this week in a bid to offset falling sales, as China’s elite tap the brakes on spending. Lamborghini Chief Executive Officer Stephan Winkelmann, who was in New Delhi to cut the ribbon on the new dealership, expects sales in China will decline by about 13 percent this year. A slightly cooler Chinese economy and government campaigns against lavish spending and graft take the blame for weakening the No. 2 market for the Italian sports cars.
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