Cars are sold on a global market, but the sales of exotic cars have other variables to consider. Bloomberg is covering the Geneva auto show from their financial perspective, and they spent a few minutes with Lamborghini’s CEO Stefano Domenicali. A tariff on European cars has been proposed by the President, but Bloomberg doesn’t seem to realize that people who have the means to afford nice cars are probably capable of paying a little extra to enjoy them.
No matter where your allegiances lie on this subject, it is nice to see the continued growth of one of the world’s most recognizable brands. Reporters make note that their booth is twice the size it was a year ago and Stefano says it is because the Urus represents a new segment and a new customer base for Lamborghini. They also bring up Ferrari’s IPO in that it helped FCA, but something tells us VW is not keen on spinning off their most profitable brand. Cheers to everyone in Sant’Agata Bolognese for the continued success, and tell us what you think of this news in the comments below.