Manufacturing News

Lamborghini projects 46% sales increase in China

Automobili Lamborghini S.p.A. expects to sell more than 300 cars in China this year, up from 206 units in 2010.

At a Reuters conference in Paris last week, Lamborghini CEO Stephan Winkelmann said China will account for a fifth of Lamborghini's global sales.

The Aventador LP 700-4, priced at 255,000 euros (2.3 million yuan) in Europe, is sold out for the first 18 months of production, and China accounts for a fifth of buyers so far.

Winkelmann said Lamborghini expects to sell 1,500 cars worldwide this year, up from 1,302 units in 2010.

China's demand for luxury cars and high-performance vehicles continues to outpace industry sales. Analysts at IHS Automotive expect China's premium segment will grow to 910,000 units in 2011, compared with 727,227 last year.

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