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

  • Car review
    23 September 2016
    Aston kicks off its ‘second century plan’ with an all-new turbo V12 grand tourer
  • Ford Ka+ 1.2 Ti-VCT 85
    First Drive
    22 September 2016
    A rounded, refined and well-sorted bargain supermini – once you’re used to the confusing role redefinition imposed on the once-cheeky Ka
  •  Maserati Ghibli Diesel
    First Drive
    22 September 2016
    Maserati releases another range of updates for its range best seller, the Ghibli. We've driven the diesel version, but there's little improvement on before
  • Tipo Front
    First Drive
    21 September 2016
    New Fiat Tipo offers impressive space and practicality for a reasonable price. We try the 1.6 diesel on the demanding roads of North Wales
  • Seat Ateca 1.4 TSI 150
    First Drive
    20 September 2016
    The Seat Ateca 1.4 TSI 150 makes perfect sense: it's spacious, tidy to drive for an SUV and cheap to run