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Business, Economy

“Lamborghini reports record profits in 2020, CEO teases electric future”

“Lamborghini reported record profits in 2020 as its wealthy customers — especially in China — rode the global bull market in style. Despite a mandatory factory shutdown of over two months during the Covid-19 pandemic, the “raging bull” of the auto world delivered 7,430 cars in 2020, down only 9% from the record high in 2019. Sales topped 1.6 billion euros ($1.9 billion at the current exchange rate), down 11% from 2019, but the company said profits increased to a record high as customers ordered more pricey, highly customized cars…”

https://www.cnbc.com/2021/03/18/lamborghini-reports-record-profits-teases-electric-future-.html

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