No recession for luxury car brands as the rich continue to splash out on motors

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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