Since deciding to build a luxury performance SUV, Lamborghini has shot up in value, especially with the Urus now going strong in terms of sales. The Italian automaker is reportedly worth some $11 billion, which makes it a viable IPO candidate for the VW Group.
According to Bloomberg Intelligence, new incoming models such as a hybrid supercar scheduled for next year, will help lift margins beyond 30%. As it stands now, Lamborghini is actually worth about as much as Ferrari, as reported by Autonews Europe.
“VW’s partial IPO of Traton trucks sets the stage for further corporate restructuring, which should include a Lamborghini IPO, in our view,” said Bloomberg Intelligence’s Michael Dean and Gillian Davis. The Traton IPO from June is regarded as “the first tangible result from an asset review that has lasted three years and counting.”
The VW Group’s current structure has proved to be quite tension-prone. There are no fewer than 12 vehicle brands involved and some have been mooted as possible sale candidates, such as Ducati. Like the latter, Lamborghini is also owned by Audi, which in turn is controlled by the VW Group.
“There is currently no decision to change the structure of the Audi group,” said the VW Group in an e-mailed statement.
As for sales, Lambo numbers went up 51% last years, peaking at 5,750 units, of which more than 1,700 were Urus SUVs. Right now, the U.S. is the company’s single biggest market, where they sell almost three times as many cars as in their “runner-up” region, the UK.