Mexican Media Brands
Lambo’s Valuation Jumps on SUV Sales
Exotic supercar maker Automobil Lamborghini SpA is seeing its market value soar because of the success of its popular and sedately designed Urus crossover vehicle.
#economics
Share
Exotic supercar maker Automobil Lamborghini SpA is seeing its market value soar because of the success of its popular and sedately designed Urus crossover vehicle.
Now the unit of Volkswagen AG is a viable candidate for an initial public offering with a market value of $11 billion, according to Bloomberg Intelligence.
The analytics unit previously estimated Lamborghini’s value at $9 billion. But it says next year’s debut of two new supercars—one of them a hybrid—will boost Lambo’s margins above 30% and bring it into line with Fiat Chrysler Automobile NV’s Ferrari NV affiliate.
VW Group launched an IPO for its Traton commercial truck unit in June. Bloomberg Intelligence considers a Lamborghini IPO a logical next step in the slow-moving restructuring review announced by VW nearly four years ago.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
GM’s Mobility Vision
1. Zero crashes 2. Zero emissions 3. Zero congestion This vision leaves out a very important element: economics.