World's rich floor it in post-pandemic luxury car rush

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PARIS: The global rebound from the COVID-19 pandemic is revving luxury carmakers' sales to never-before-seen heights, as order books at the likes ...

Annual sales last year at Volkswagen-owned Lamborghini sped past their 2019 record to 7,430 vehicles. AFP/Hector RETAMALPARIS: The global rebound from the COVID-19 pandemic is revving luxury carmakers' sales to never-before-seen heights, as order books at the likes of Lamborghini, Ferrari and Rolls-Royce burst with demand from the world's wealthy.

Annual sales last year at Volkswagen-owned Lamborghini sped past their 2019 record to 7,430 vehicles, driven by the Italian manufacturer's hefty Urus SUV clocking in at around €200,000 .Closed factories meant sales at Ferrari tumbled 10 per cent last year to 9,119. After a year with less consumption,"there is quite some money around to be spent," Rolls-Royce chief executive Torsten Muller-Otvos tells AFP.

Rolls-Royce made only three units of its"Boat Tail" model and won't reveal the price, but its last custom build cost around $13 million. AFP/Adrian DENNIS

 

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