Lamborghini sees tariff threat to US volumes after strong 2024 results
Written by Black Hot Fire Network on March 20, 2025
MILAN (Reuters) - Potential U.S. tariffs on European-made products could hit revenue at Lamborghini, its CEO said, as the sports carmaker posted strong results for last year, despite a contraction in the luxury market.
The Italian carmaker, part of the Volkswagen group, said on Thursday its revenues rose 16% last year to 3.09 billion euros ($3.31 billion), while its operating profit was up 15.5% to 835 million euros, topping the 800 million euros threshold for the first time.
Chief Executive Stephan Winkelmann . . .
