Automakers

Lamborghini pulls into sight of Ferrari with $11 billion value

The Urus helped Lamborghini to dramatically widen its appeal and to increase its vehicle sales by 51 percent last year.
AN
By:
Andrew Noel
B
By:
Bloomberg
|
August 23, 2019 08:27 AM

For decades, Lamborghini has been known for brash supercars that combine brute power and daring design, such as the classic Miura or the edgy Countach. Now the Italian company’s successful push into more comfortable SUVs has helped to boost its valuation to $11 billion, making it a viable initial public offering candidate for owner Volkswagen Group, according to Bloomberg Intelligence analysts.

Staying current is easy with newsletters delivered straight to your inbox.