Another luxury car line has been bitten by the economic downturn bug. Lamborghini, which drew in fantastic sales last year, has announced that they are halting production for two weeks between February and March in light of the weakening economy.
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.
(Source) Autocar
Tags: economic downturn, Lamborghini, luxury car, production slowdown, workforce