LAMBORGHINI CEO WARNS TARIFFS HAVE EVEN FORCED ITS WEALTHIEST CONSUMERS—WHO HAVE AN AVERAGE OF 5 CARS IN THEIR GARAGE—TO WAVER ON BUYING A NEW RIDE
https://s.yimg.com/ny/api/res/1.2/XhT3I2rhfbfXJWRMgiJdug--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/25dcd7ca0aaa4a7a7761bc756a5d18fa
✍️ Lamborghini CEO Stephan Winkelmann warns that tariffs between the US and EU are causing wealthy customers to hold back on new car purchases.
👉 Lamborghini CEO Stephan Winkelmann warns that tariffs between the US and EU are causing wealthy customers to hold back on new car purchases. 👉 The company's largest market is the US, but production cannot be moved there to avoid tariffs. 👉 Lamborghini reported a 16% year-over-year increase in revenue and a double-digit increase in operating income for fiscal 2024. 👉 The company has launched three new plug-in hybrid models since 2023 and has an increasingly diverse customer base.
-- #StephanWinkelmann #DonaldTrump #US #EU #Italy #Asia #business
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