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“Revenge Spending” Clears Out Lamborghini for Most of 2021

  • CEO sees strong growth in 2021, order book filled through Oct.
  • No current plan to sell or list performance carmaker, CEO says
Bloomberg business news
Lamborghini Profits Soared in 2020

Lamborghini said it’s almost sold out for the year as an easing pandemic unleashes a free-spending attitude among consumers confined to their homes for months.

The Italian supercar brand is set for “strong growth” in 2021 and has sold about 10 months of its production capacity, Chief Executive Officer Stephan Winkelmann said in an interview at the Milano Monza Motor Show. The Volkswagen AG unit showed off the Huracan STO at an open-air walk close to the global fashion hub’s Duomo cathedral.