What Recession: 2012 Lamborghini Deliveries Up 50% In The US, 34% In Europe
A record number of Americans may be collecting food stamps, but things for the 1% have rarely been better, as confirmed not only by the now daily tradition of record-er Dow Jones highs, but this time by Lamborghini sales, which according to AP soared by 50% in the US and up by 34% in the recession-riddled Europe.
Per AP: "Lamborghini says its worldwide deliveries of super sports cars rose 30 percent last year to 2,083 units but remained shy of pre-crisis highs. The Italian carmaker owned by Volkswagen said Tuesday that deliveries were up by half in its top U.S. market and up by 34 percent in Europe despite the region's financial crisis. Revenues for the year were up 46 percent to (EURO)469 million ($610 million). The car company, based in Sant'Agata Bolognese, sold a record 2,430 cars in 2008 before the global economic crisis devastated the luxury market. Last year's sales comprised 922 new Aventador LP 700-4 and 1,161 Gallardos. Lamborghini previewed the one-off Lamborghini Veneno at the Geneva Motor Show last week to mark its 50th anniversary."
And now, because it is a painfully slow centrally-planned news days, here are some gratuitous photos of Lambos:
(9 votes)
- advertisements -
»
- 10689 reads
- Printer-friendly version
- Send to friend
Similar Articles You Might Enjoy:
- Since It Is Now Cool To Downgrade The US, JPM Just Became Da Fonz: Feroli Cuts Q1 2012 GDP Forecast To 0.5% From 1.5%
- What Recovery? Petroleum Deliveries Lowest Since September 2008; Weakest July Demand Since 1995
- Welcome To The Recession: Manufacturing Surveys Imply US Economy Has Entered The Second Month Of A (Re)Recession
- Richard Koo's April 2010 Update: "What Post 2008 US, Europe And China Can Learn From Japan 1990-2005"
- Odds Of Avoiding Recession: One In Thirty
Two new Lamborghinis in my neighborhood in the last month, I shit you not.
@hedgeless_horseman
The only one's I see in my neck of the woods are kit cars. Here in Louisiana, the potholes and uneven roads would keep this thing in the shop most days.
Hmmmm....
Whats going on with ES?
Lambo started out making tractors...
And let me guess. The libertardian solution is even fewer regulations? LOL. No wonder nobody takes libertardians seriously.
What do regulations or libertardians have to do with Lambos?
... and what's going on with ES?
Libertardians believe that the rich should be able to do whatever they want with no regulations or restrictions. Everyone with two brain cells knows that that simply cannot work, which is why libertardians have virtually no credibility.
I tuned to watch the 3rd party presidential debates last year, and all they talked about is pot.
I don't know what these party leaders are thinking. So yeah, my interest in those parties diminished.
But anyway.
Governments role has been corrupted by lobbying interests that use the power of the government for their competitive advantage.
That's why our economy is out of whack. It can't find the equilibrium because so much distortion is created by powerful....
we're screwed.
Call'em what they really are...LIBORghini's...a product of the fraud and abuse in the financial markets by overrated pricks with MBA's doing 'God's work' while screwing the taxpayers and the common man.
I say we 'means test' the owners and if they can't prove they're not shills for the banks, investment firms, or political cankers, then hog tie them in the cars, put a brick on the gas pedal, and point them at a rocky hillside or cliff.
It's a start anyways...
6 billion socialists can't be wrong ! It's the bust of times and the wurst of times ! Monedas 1929 Comedy Jihad World Tour
+ a BIG ONE for creative use of inglés!
you're not answering the question. You're rambling BS. Looks like we're way past peak MDB.
Lambo started making out with tractors...
Yeah - he got pissed off when he went to buy a Ferrari and they laughed at him because he was a farmer. So he decided to build his own cars....
I'm goin' to head out today and pick up a white lamborghini because I don't like to be flashy.
Close, but not enough: http://en.wikipedia.org/wiki/Ferruccio_Lamborghini#Involvement_with_auto...
Btw, he was right about the Ferraris; Ferrari himself didn't care about road cars and only built them to finance his racing team (which is pretty much the opposite as nowaday's Ferrari).
Porsche made tractors also many years ago. Saw one on a German farm The thing was ancient, but gorgeous. The farmer wouldn't sell it (so I could ship it to the US). Schweinhund!
My John Deere 820 was made in Germany in 1958.
I will NEVER sell it.
My JD 4320 was assembled in Georgia... from "globally sourced components."
<< sigh >>
That was the only good JD built.
2120 is okay.
They are green so you can park them in the field and forget about them.
All my tractors are red. (and mostly made in Austria)
@Say What Again
Give him a minute to get back to work. K-Hen is distracted, sexting some hot-librarian type who works at the SEC.
ES moves when lambo payments need to be made.
so if I'm not a 1% er, who do I have to kill now to get me one of those?
or better still two, one for each foot...
Plutocrats are profiting off the backs of the middle class. In the industrial revolution there was some sharing but today they profit off destroying the middle class.
After reading ZH for as long as you have, must you ask? You keep what you kill!
http://www.youtube.com/watch?v=SR4lM38fnxE
Double Post- my bad
Hard to believe, but here in rural coastal Thailand, 300km from Bangkok, opposite side of the Gulf of Thailand to Pattaya, supercars are a common sight
i'd show some tail lights to that neighborhood
Yep.
And that...
is how the cookie crumbles....
ALL IN MY LAP!! AND I ATE THE FUCKING COOKY ALSO!!
WHOEHAHAHAHAHAHA! ME MYSELF AND I BITCHEZ!!
I don't have the money for a car like that.
and even if I did, I wouldn't buy one :) carjackings... ever heard of it? homejackings... ever heard of it?
They placed one in last night's eposide of Dallas. They had some POS character drive it.
My neighbor in my condo building has 2, he designs video games.
Why would you live in a condo and have enough $$$ for a Lamborghini. Must be some condo.
I got a pudge looking at those. I wonder if I could live out of my car...hmmm
Bugatti Veyron bitches!
All that is new in my neighborhood...More home foreclosure signs.
Oh Lord, Wontcha Buy Meee, a Lambor-Gheeeneey....
Like Cramar always says, "There's a bull market somewhere!" I just wish it where in pitchforks.
We're back to 'art', cars, diamonds, derivatives, and real estate.... of course, this ends well. pffffffft
Well, you see.. poor people who got those loans and defaulted will never get a loan again. and elites will always have a cash cushion.. so.. we are set.
LOL, pieces of junk for old men who can't get it up even for 5 top notch hookers.
But, you have to admit they make a nice rumble. The cars that is.
I've heard some Chevy pick ups that sound really good .... for a lot less Do .......... Chen ! I know it's all "Smoke and Mufflers" .... but they sure sound silky, smooth and powerful .... I'm talking here in Mexico, too .... a lot of Lincoln pick ups, too .... but they are just quiet !
no, it's people who don't get respect and who feel like everybody should respect them when they buy one of those.
funny thing is.... TRAFFIC COPS HATE THOSE CARS! HERE'S YOUR TICKET BITCH!! SEE YA TOMORROW!!
True dat. Miami cops love giving out tickets to assholes in sports cars driving 90 mph...
Cars like that are made to show off, there is no possible reason to own one unless you really want to demonstrate your wealth. And if so, then paying fines shouldn't be a problem either.
Whoa, I didn't know Lamborghinis could trade the markets so well! They are taking over the joint.
'I....AM.....ALGOBOT'
@Jim in MN
How long before Government Motors requires all bankers and states/municipalitis receiving federal dollars to buy GM products?
I take it you haven't looked at government fleets lately.
Especially the sales of "flex-fuel" cars.
Minnesota is ethanol country you know.
But, having said that, the Minneapolis City Hall is ringed by unmarked cop (OK detective) cars most days, and nearly all of them are....wait for it....
Chevy Impalas. Yep. Impalas.
What can it all mean? I don't know.