"We are not selling cars...We are selling dreams"
Business Today India|April 28, 2024
Lamborghini Chairman & CEO Stephan Winkelmann on the Indian luxury car market, selling dreams to customers, and the way ahead
Krishna Gopalan
"We are not selling cars...We are selling dreams"

It is obvious that Stephan Winkelmann, 59, likes India. Its clear growth story can only lead to more demand for the luxury cars. As Chairman & CEO of Italian luxury sports carmaker Automobili Lamborghini, the auto industry veteran runs a company-owned by Volkswagen Group through subsidiary Audi-famous for its supercars. Sitting in a luxury car showroom in central Mumbai, a cheerful Winkelmann sounds optimistic about India and not without reason. Last year, his company got past the three-digit mark in sales volumes. It sells three models here-sports car Huracán, sports utility vehicle Urus, and Revuelto, a hybrid sports car. It is not easy to push luxury cars in India, though the numbers are now encouraging. In an interview with Business Today's Krishna Gopalan, Winkelmann speaks about India, the need to have a specific strategy for the market, and what it means to sell dreams, among other things. Edited excerpts:

Q: What makes India an interesting market for you?

A: I have been to India five or six times. The first time was in 2005 and since then there have been dramatic changes-in terms of infrastructure, markets, [and] competition. Just look at the car market or, more specifically, the high-end car market. I think the economy looks very strong today and it's the fifth largest globally. That is a very striking fact from our point of view.

هذه القصة مأخوذة من طبعة April 28, 2024 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 28, 2024 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS TODAY INDIA مشاهدة الكل
"Attitude Decides Altitude"
Business Today India

"Attitude Decides Altitude"

BEST ADVICE - RAJNEET KOHLI, CEO & EXECUTIVE DIRECTOR, BRITANNIA INDUSTRIES LTD

time-read
1 min  |
December 22, 2024
"FOR RATAN TATA, IT WAS ALWAYS NATION FIRST"
Business Today India

"FOR RATAN TATA, IT WAS ALWAYS NATION FIRST"

Thomas Matthew, former IAS officer, on his new biography of Ratan Tata, the late Chairman Emeritus of Tata Sons

time-read
3 mins  |
December 22, 2024
"RADICAL CHANGE NEEDED TO IMPROVE URBAN INFRA"
Business Today India

"RADICAL CHANGE NEEDED TO IMPROVE URBAN INFRA"

K.P. Singh, Chairman Emeritus of DLF, on the dynamic nature of the real estate sector, challenges in urban planning, and more

time-read
3 mins  |
December 22, 2024
REDEFINING AMBITION
Business Today India

REDEFINING AMBITION

Shashikant Ruia was a visionary entrepreneur who navigated challenges with resilience. He leaves behind a rich legacy of ambition and leadership

time-read
3 mins  |
December 22, 2024
ON THE WILD SIDE
Business Today India

ON THE WILD SIDE

LOVE WILDLIFE BUT DON'T WANT TO GIVE UP ON THE FINER THINGS WHILE ON A TRIP TO SPOT ANIMALS? CHECK OUT THESE LUXURIOUS WILDLIFE RESORTS FOR THE HOLIDAY SEASON

time-read
3 mins  |
December 22, 2024
"India is the only market globally with substantial growth"
Business Today India

"India is the only market globally with substantial growth"

RHI Magnesita CEO Stefan Borgas on the company's M&A strategy, why India is important, the way ahead, and more

time-read
6 mins  |
December 22, 2024
FRESH ON THE STREET
Business Today India

FRESH ON THE STREET

IPOs have come back with a bang in 2024, with a record ₹1.3 lakh crore raised till October. As a result, many newly-listed firms have made it to the BT500 list

time-read
6 mins  |
December 22, 2024
RIDING THE WAVES
Business Today India

RIDING THE WAVES

The shipping industry is on the brink of a transformation. Beyond government support and technological advancements, what are the other driving forces and emerging trends that will define the landscape in 2025?

time-read
6 mins  |
December 22, 2024
HOME RUN
Business Today India

HOME RUN

After a decade-long slowdown, India’s real estate market reached its highest decadal sales level in the first half of 2024

time-read
4 mins  |
December 22, 2024
In Pursuit of Good Health
Business Today India

In Pursuit of Good Health

The past year has been eventful for the Indian pharma sector, with some companies witnessing growth, and some challenges. The outlook for the sector, however, remains positive

time-read
5 mins  |
December 22, 2024