Lamborghini achieved revenue of €3.09 billion

The year 2024 was very successful for Lamborghini and the company made a profit of 3.09 billion euros (16.2 percent). It was the first time that the Italian brand achieved revenue of more than three billion, with 10,687 cars sold (+5.7 percent).

“Evolving the entire product range while continuing to grow: this is how we can summarize another record year for Automobili Lamborghini. Despite the difficulties in the automotive market and the highly competitive climate, in 2024 we recorded growth in all three macro regions (Americas, EMEA and APAC), confirming the global strength of the brand. These results highlight the strengths of our extraordinary team and fill us with confidence and determination as we embrace the next challenges in the sector, continuing to combine performance, exclusivity and innovation,” said Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini.

Lamborghini achieved its record revenue after renewing the entire range of hybrids. More than half of Lamborghini’s sales last year, 5,662, were actually Urus. The company sold 3,609 Huracans, as well as 1,406 Revuelto supercars. Ten Aventadors were also sold, while Lamborghini increased production of its hybrid replacement. Operating income was €835 million (+15.5 percent compared to 2023).

The company continued to grow from both a financial and a business perspective in 2024, confirming similar levels of profitability recorded by the leading global luxury brands. In this challenging context, our goal remains that of achieving sustainable growth from both a financial and environmental point of view, creating value for all our stakeholders,” said Paolo Poma, Managing Director and CFO of Automobili Lamborghini.

Currently, Lamborghini is developing its first all-electric car, the Lanzador, as a GT with high ground clearance. This model will debut in 2029, and it is expected to, in addition to the existing offer, further increase the sales and profits of the company.

Source: Lamborghini

Tesla Recalls 46,000 Cybertrucks Due to Body Panels Falling Off

Since its launch, Tesla has seen strong demand for the Cybertruck, with the company receiving around 2 million orders in a short period of time. However, customers soon began reporting problems with corrosion on the body, and now parts of the body are falling off. This forced the company to recall 46,000 Cybertrucks.

One of the most common problems with the Cybertruck is parts falling off, and the previous recall concerned the cargo area. There was also an issue with the gas pedal trim, which could slip off the metal.

Last week, a driver reported that the 2.74-meter-long stainless steel trim above the door had become loose. He reported the incident via the Tesla app, after which he was given an appointment for service. However, the next day, the body panel fell off. This happened on the highway while the Cybertruck was traveling at a speed of around 120 km/h.

The company has decided to recall 46,000 cars manufactured between November 13, 2023 and February 27, 2024, to fix a problem with body panels. Tesla believes that only 1 percent of the recalled vehicles may have this problem.

Source: Reuters

Alfa Romeo will shut down the petrol versions of the Stelvio and Giulia

It has long been known that Alfa Romeo will be phasing out the current gasoline versions of the Giulia and Stelvio, and now we know when. The Italian brand has informed its dealers across Italy that production of the Giulia Quadrifoglio will end on March 31, the Stelvio Quadrifoglio on April 30, and the standard Giulia, Stelvio Sprint, Veloce and Intensa on May 31.

Alfa Romeo will not completely phase out these models, as the diesel versions are not mentioned in the document, and also because the new generation of the Giulia and Stelvio is currently under development.

The new generation of the Stelvio will be built on the STLA Large platform used by the Dodge Charger, Jeep Recon and Jeep Wagoneer S. It will be offered in hybrid and electric versions. As for the Giulia, some information says that it will be completely different from the current generation. It will probably have a sleek and aerodynamic body similar to the Peugeot 408.

Alfa Romeo has not yet released official information, but it is certain that the new generations of the Giulia and Stelvio will also be offered with electric motors.

Source: Reuters

Cars and catalogues