Celebrating its 60th anniversary and pushing the boundaries of innovation, Automobili Lamborghini has posted record results for the first six months of 2023. The company has witnessed remarkable growth in sales, turnover, and profitability.
In their latest press release, Lamborghini said they delivered 5,341 units globally, marking a 4.9% increase compared to the first half of 2022. The Urus Super SUV and the Huracán V10 sportscar, sold out until production ends in the second half of 2024, drove this stellar performance.
Furthermore, Lamborghini unveiled the brand-new Revuelto in March, with orders already covering over two years of production, positioning the company for future success.
The United States was the largest single market
EMEA (Europe, the Middle East, and Africa) was the largest market, receiving 2,285 cars. America followed with 1,857 units, and Asia Pacific took 1,199 vehicles. The United States remained the single largest market, with 1,625 units, followed by the UK, Germany, Chinese mainland, Hong Kong, Macau, Japan, and Italy.
Lamborghini increased its revenues by 6.7%, reaching €1,421 million, and raised its operating income by 7.2% to a record €456 million. This growth improved the return on sales (RoS) to 32.1%.
Words from CEO
Stephan Winkelmann, Chairman and CEO of Lamborghini, communicated immense pride in achieving these results and expressed excitement about this particular year marked by electrification, innovation, and racing excellence.
He stated, “We have achieved yet another record half-year for our company, and take great pride once again in communicating the results. We are really excited about these numbers, delivered with only two models in the range, in a year that we can define as special for Lamborghini. In fact, 2023, in addition to marking the company’s 60th anniversary, has seen the launch of the Revuelto, the first plug-in hybrid in our history, and the presentation of the SC63, the most advanced racing car ever designed by Lamborghini that follows the company’s Direzione Cor Tauri strategy for electrifying the range.”
A sneak peek into Lamborghini’s future timeline
The Urus and Huracán, no longer available for order, have sold out their production run. However, Lamborghini is developing the Urus as a plug-in hybrid, and the successor to the Huracán, possibly featuring a turbocharged V8, is also under testing.
Lamborghini’s introduction of the Revuelto, its first plug-in hybrid, and the SC63 LMDh hybrid prototype underline its innovative commitment.
Moreover, by 2028, Lamborghini plans to launch its first-ever EV, a 2+2 grand tourer, following its Direzione Cor Tauri strategy for electrifying the range.
The company expects to close the year with further record results in all key financial metrics. Paolo Poma, Managing Director and CFO of Lamborghini added, “We are proud to confirm Lamborghini’s growth path once again. The positive trend reinforces our expectation that we will close the year with further record results in all the key financial metrics, with profitability that confirms Lamborghini’s place among the leading brands in the luxury segment.”
