Lamborghini: V-shaped recovery was seen in the sales of India in the years 2021
Lamborghini, the Italian super sports car maker, is looking at the record year in the country in terms of sales and observes that it is riding on a V-shaped recovery after the COVID-19, its disruptions and the positive sentiments viewing the strong vaccination drives.
This company sells a range of some super luxury cars whose prices are between Rs. 3.15 crore to Rs. 6.33 crore.
It is looking to beat its best-recorded performance in the country. The best-recorded performance of Lamborghini in the country was so far in the year 2019 when it sold around 52 units. The company is already witnessing its growth in India by over 20% in the year 2021 as compared to the year 2019.
A strong V-shaped recovery has been seen which will rebound back to the pre-second COVID wave level and there is strong confidence in the market due to the strong vaccination drives.
The year 2021 is giving some positive feedback and will help the company to get back on track and maybe to have another record year in the business performance in 2021.
Also, as the uncertainty of the third wave of COVID-19 is looming, there is an anticipation that the various impacts on the lives of people may be limited due to the strong vaccination drives. It is anticipated to have positive growth as a brand, as the company has maintained a trajectory of positive growth except the year 2020, in which the company was hit by the supply side and the demand side too.