No recession for luxury car brands as the rich continue to splash out on motors
No recession for luxury cars: Lamborghini has SOLD OUT of supercars until 2024, Ferrari hits profit record and Bentley's business booms as the rich continue to splash out on exclusive motors
- Lamborghini enjoyed its best ever half year results on record in terms of sales, turnover and profitability
- CEO Stephan Winkelmann said it already has enough orders to cover the 2023 production run of vehicles
- In the same week Ferrari revealed record sales and profits for the second quarter, beating earnings forecasts
- Bentley also announced that first-half operating profits had more than doubled in the first half of this year
There's little sign of a recession …
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