Lamborghini halts production

Lamborghini is to respond to the weakening market for top-end sports cars by halting production for two weeks between February and March.

Lamborghini's production slowdown will affect around 300 members of its 1000-plus workforce, but it has already agreed the move with unions.

“We have established a decade of sales and profit increases, including another record year for deliveries in 2008, but we cannot maintain the previous levels of production during the downturn,” said Lamborghini president and CEO Stephan Winkelmann.

“Therefore, in agreement with the unions, we have decided to implement the option of a working time reduction. This provides a flexible reaction to market volatilities and helps to ensure production jobs in the long term,” he said.

The head of the union representing Italy’s car workers. Alberto Cocchi, commented, “The working time reduction has been agreed in order to safeguard jobs and to retain the growth realised by the company during the previous two years. Paying attention to personnel will be crucial for economic recovery."

While both parties consider the move a prudent response to global economic conditions, Winkelmann emphasised that Lamborghini was not cutting back on R&D, its global brand expansion plans or investment.

“The company will not abandon its long-term strategy and is not making any reductions in its investment and growth plans," he said. "We are committed to introducing one new product to the market each year."

Michael Taylor

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • 2016 Hyundai I30 1.4 Turbo prototype
    First Drive
    30 August 2016
    We get early access to the third-generation Hyundai i30 1.4 Turbo. Does this prototype show promise?
  • Citroën C4 Grand Picasso
    First Drive
    26 August 2016
    The Citroën Grand C4 Picasso gets tweaked styling, improved tech and new personalisation options to keep it ahead of rivals
  • Car review
    26 August 2016
    Wolfsburg celebrates the GTI’s 40th with its most extreme version yet
  • Kia Optima Sportwagon
    First Drive
    25 August 2016
    New Kia estate looks the part, has good space and handles tidily, but its engine's flexibility and refinement let it down
  •  Kia Optima PHEV
    First Drive
    25 August 2016
    Plug-in hybrid Optima is a practical, tax-efficient PHEV that undercuts rivals and fulfils its main remit well, but keen drivers need not apply