Need clarity on hybrid duties under FTAs: Lamborghini CEO

Unlike combustion-run cars, hybrids have so far been out of the purview of India's free trade agreements with European Union and United Kingdom, aimed at lowering high import duties. This means Lamborghini's current entire line-up, including the Urus, Temerario and Revuelto plug-in hybrid vehicles (PHEVs), does not qualify for lower taxes. Meanwhile, rival brands such as Ferrari and McLaren have already started adjusting prices on their ICE models in anticipation of the India-EU and India-UK FTAs, with potential price cuts of up to Rs 3.3 crore.

1. All of Lamborghini's current line-up comprises PHEVs

2. PHEVs so far don't qualify for import duty cuts under EU-India FTA

We're observing sales this year: Lamborghini CEO

Lamborghini India has enjoyed a strong run in recent years, selling over 100 cars each in the last three years. Speaking to Autocar India, Automobili Lamborghini CEO Stephan Winkelmann said, "Until last year, we had a very good involvement in the Indian market...This year, we have to see. The situation is a bit different because we have new rules in the Indian market for import taxes, and we have to see if this is applying in a positive way for plug-in hybrid cars as well."

When asked if customers may hold back purchases while waiting for clarity on the India-EU Free Trade Agreement and its impact on import duties, Winkelmann said, "It is too early to speak about that because we are now four months into the year. We have to see how they are going to behave because the rules have to be very clear. Then, I think there is an opportunity for further development in the Indian market." At the same time, he mentioned that India has a lot of untapped potential.

Lamborghini sales in 2024 and 2025

The Italian marque sold over 100 cars for the first time in the country in 2023. Then, it sold a record 113 cars in 2024, followed by 111 units in 2025. While overall sales dipped slightly last year, the company says Urus deliveries grew by 17 percent. Demand for the flagship Revuelto is also strong, with the order book already filled until the end of 2026.

With inputs from Mugdha Mishra.