# Lamborghini sells out combustion engine models – WELT
Published: 2023-07-05
Category: News
Category URL: https://business.express/category/news/
Meta Title: Lamborghini Sells Out Combustion Engine Models
Meta Description: Luxury carmaker Lamborghini has sold out all combustion engine models, transitioning to a pure hybrid lineup by 2024. Order books for Huracan and Urus models
URL: https://business.express/lamborghini-sells-out-combustion-engine-models-welt/

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(Reuters) – Lamborghini’s combustion engine models are sold out until the end of production, its chief executive was quoted as saying in the WELT newspaper on Wednesday, as the luxury carmaker transitions towards a pure hybrid lineup.

Order books for its Hurucan and Urus models are full, marking the end of combustion engine vehicle production for the company, Stephan Winkelmann, head of the Volkswagen subsidiary, said.

Lamborghini announced last July it would be investing at least 1.8 billion euros ($2 billion) to produce a hybrid lineup by 2024 and more to bring out its fully electric model by the end of the decade.

Winkelmann told WELT the combustion engine models would be replaced by plug-in hybrids in 2024 and 2025, adding he expected the hybrid Revuelto model to be sold out by the end of 2025.

The carmaker saw record sales last year and was aiming for a “very good result” this year again, he added.

($1 = 0.9175 euros)

(Reporting by Victoria Waldersee; Editing by Mark Potter)


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