Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackAutomobili Lamborghini S.p.A. is an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant'Agata Bolognese. The company is owned by the Volkswagen Group through its subsidiary Audi.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackDespite the decline in the Russian car market, demand for luxury cars has grown sharply, in particular, for Rolls-Royce and Ferrari. The leader of the premium segment was the Rolls-Royce brand - 100 cars were sold in six months, which is 56% more than a year earlier. Bentley took second place with 90 cars sold (+4%), followed by Lamborghini (72 units, -5%), Ferrari (43 units, +115%), Aston Martin (11 units, +83%) and Maserati (4 units, -75%). Despite the fact that official deliveries of luxury brands to Russia were stopped in 2022, cars continue to enter the country through parallel imports.
Suspend all shipments to Russia but Russia began to import Lamborghini with mileage on parallel imports.