Stephan Winkelmann India Italy reports 2020 pandemic Stephan Winkelmann India Italy

'Revenge spending': Lamborghinis sold out for this year as covid gloom lifts

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Italian supercar brand is set for “strong growth" in 2021 and has sold about 10 months of its production capacity, Chief Executive Officer Stephan Winkelmann said in an interview at the Milano Monza Motor Show.

The Volkswagen AG unit showed off the Huracan STO at an open-air walk close to the global fashion hub’s Duomo cathedral.“Despite a two-month shutdown due to the pandemic, Lamborghini ended 2020 as its second-best year ever," Winkelmann said, as crowds swarmed the over 60 brands on show including Ferrari NV, Porsche and McLaren Automotive Ltd.

in a sign of normal life resuming in major cities like Milan. Lamborghini deliveries have surged by almost 25% to a record during the first quarter.While buyers continue to snap up performance.

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