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SALES Fiat turns to Germany as Italy sales seen as worst since 1966April 5, 2013 06:01 CET Fiat, faced with Italy sales that could fall to their lowest level for 47 years, is seeking to boost sales in Germany by offering steeper discounts than any other automaker there. Plummeting deliveries, hit by political turmoil, are upending Italy's auto industry and will hit Fiat, which makes 56 percent of its sales in the country, especially hard. As a result, hundreds of Italian dealerships are closing and factories are running at half capacity.... Read More »
NICK GIBBS Lamborghini celebrates 50th with exclusive Veneno 12:01 am U.S. ET | March 5, 2013 Lamborghini stole the limelight from McLaren and Ferrari rivals on Monday by celebrating its 50th anniversary with an exclusive hypercar of which just three will be built.... Read More »
Lamborghini CEO says ultraluxury car demand won't grow in 2013Nov. 14, 2012 06:01 CET Lamborghini CEO Stephan Winkelmann said global demand for ultraluxury sports cars will probably not increase next year as the European debt crisis drags on and China's economy slows.... Read More »
Lamborghini CEO says ultra-luxury car demand won’t grow in 2013 12:49 pm U.S. ET | Nov. 13, 2012 Lamborghini CEO Stephan Winkelmann said global demand for ultra-luxury sports cars will probably not increase next year as the European debt crisis drags on and China’s economy slows.... Read More »
Bentley, Lamborghini may delay SUVs, sources sayOct. 11, 2012 13:12 CET Bentley's and Lamborghini's plans to launch superluxury SUVs may be put on hold to save cash for parent VW Group, company sources said, in a sign that Europe's economic crisis even is beginning to cause pain at the German auto giant.... Read More »
Lamborghini to add 6 dealerships in ChinaMay 29, 2012 09:24 CET Lamborghini plans to add 6 stores in China this year for a total of 20 dealerships -- a sign of its commitment to the market despite flat sales this year. The carmaker could receive another boost in China over the next few years if it decides to build the Urus SUV concept, which it unveiled last month at the Beijing auto show.... Read More »
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