Lamborghini and Ferrari : record performance in first quarter 2023

The automotive industry is definitely not weakening. Lamborghini and Ferrari have recorded strong performances for this beginning of the year 2023, exceeding the analysts’ objectives. A first quarter that ends on a high note for both manufacturers.

 

Lamborghini’s sales soar

 

Between January and March, the Italian carmaker saw its sales rise by +23%, compared to the same period last year. At the end of the first quarter, the company’s turnover reached 728 million euros. This is a good start and a nice birthday present for the brand, which is celebrating its 60th anniversary this year.

 

Operating profit increased significantly from 178 to 260 million euros over the same period.

 

A performance that follows Lamborghini’s very good results last year, with a +22% increase in sales to 2.38 billion euros, double that recorded by the brand in 2017.

 

The reason for this remarkable data? The delivery of more than 2 600 models over the beginning of the year. It’s safe to say the Italian automaker has outdone itself, as such a score has never been achieved before.

 

These very strong numbers add up to an order backlog that almost fully covers 2024 production,” Lamborghini said in a statement.

 

Record delivery numbers, multi-year bookings and a new path to electrification. Lamborghini definitely has more than one trick up its sleeve, or rather under the hood.

 

Ferrari follows suit

 

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Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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