Automobili
Lamborghini S.p.A. will deliver another record year’s
results in 2008. Official sales figures will be
communicated on the occasion of Lamborghinis appearance
at the North American International Motor Show in
January 2009.
Even as a low volume luxury car manufacturer, Automobili
Lamborghini is not unaffected by the present downturn in
economic activities in the wake of the global financial
crisis. However, the company is in a favourable
strategic position due to its identity as a luxury brand
of longstanding tradition. One of its core brand values
is exclusivity, which is maintained through tight
management of volumes and a strict policy of maintaining
a strong forward order bank. This exclusivity is of
essential relevance to both dealers and customers and is
pivotal for the appeal of the brand.
Lamborghini has the most attractive product line-up in
the company's 45 year history. With at least one new
product launched every year, and the continued
development of the dealer network to maximise market
penetration, Automobili Lamborghini has produced a year
on year record performance in terms of turnover, profit
and volumes for the last four years, together with a
rare double digit profit margin. The company's
development marks one of the most respected company
turn-around programmes in the automotive and luxury
industries.
Long before 2009, the company took decisive steps to
address potential market volatility. Production
flexibility is made possible by cooperative concepts
developed with the union representatives. Besides
flexible working hours, it provides the opportunity to
create training and qualification programmes during work
hours. There will be no layoffs, but an extension of the
Christmas holiday for eight days has been confirmed.
Lamborghini will not divert from its long-term strategy.
Investment into R&D will not be reduced, and there will
be ongoing expansion of its brand presence on a
world-wide scale, with more new products and further
expansion of its dealer network. The company will
continue its strategy of announcing at least one new
product each year. The latest examples of this are the
new Lamborghini Gallardo LP 560-4 Coupe for which
deliveries commenced summer 2008, and the Gallardo LP
560-4 Spyder unveiled in November 2008 with market
launch in spring 2009. Lamborghini continues its stated
objectives of becoming the most profitable
supersportscar manufacturer, the most attractive
employer and the most attractive brand in its market.
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