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People spent more than $1 billion on Lamborghini Urus SUVs last year as ultra-luxury car brands cash in on the SUV trendhttps://www.businessinsider.in/slideshows/miscellaneous/people-spent-more-than-1-billion-on-lamborghini-urus-suvs-last-year-as-ultra-luxury-car-brands-cash-in-on-the-suv-trend/slidelist/74738278.cms2020-03-20T23:19:14+05:30

People spent more than $1 billion on Lamborghini Urus SUVs last year as ultra-luxury car brands cash in on the SUV trend

Mar 20, 2020, 23:19 IST

With the coronavirus ravaging the auto industry — and many other sectors along with it — 2020 is proving to be a bleak year for car companies. But for Lamborghini, 2019 was a wholly different story.

Last year, the Italian supercar maker had its best annual sales in its 56-year history. In an effort to calm nerves amid the pandemic, the automaker reiterated that this week.

Lamborghini sold 8,205 vehicles last year, with a reported a turnover of nearly $2 billion.

That may not sound like a ton — especially when you consider that some large manufacturers churn out millions of cars annually — but it represents a full 43% increase in sales over the previous year.

Lamborghini's best-selling car by far wasn't a car at all — it was the Urus SUV.

Lamborghini sold 4,962 Urus models last year, accounting for more than half of all Lambos bought worldwide.

By comparison, in 2017, before the Urus went on sale, Lamborghini sold a total of 3,815 cars across its entire lineup.

So, the Urus effectively helped Lamborghini lift its sales figures more than twofold in just two short years.

Factoring in a starting MSRP of more than $200,000 and close to 5,000 units sold in 2019, the world's wealthy spent more than $1 billion on Urus SUVs last year — and that's without pricier options.

For those who can afford it, the Urus serves up an enticing cocktail of menacing looks, supercar performance, and SUV practicality.

It packs a 4.0-liter, twin-turbocharged V8 good for a rated 641 horsepower and 627 pound-feet of torque.

It purportedly makes the sprint from 0 to 62 mph in 3.6 seconds, which is blisteringly quick for its size.

It claims a top speed of roughly 190 mph ...

... and a 0-to-124-mph time of just 12.8 seconds.

Carbon-ceramic brakes come standard for optimal stopping power at high speeds.

Sporting adjustable air suspension and four-wheel drive, the Urus is built ready to tackle off-road terrain. That is, if you want to risk it in your $200,000-plus SUV.

Plus, with four-wheel steering and active torque vectoring, the Urus is a cornering machine.

To cash in on the crossover and SUV craze, lots of other high-end car companies are building them for the first time. Aston Martin's DBX recently arrived with a sticker price of roughly $192,000.

Bentley debuted the Bentayga in 2015 and gave it 600 horsepower, 664 pound-feet of torque, and the ability to hit 60 mph in four seconds.

The Cullinan is Rolls-Royce's first-ever SUV, complete with a massive 6.7-liter V12 and an equally huge starting price of around $327,000.

Expect to see an increasing number of super SUVs on the road in coming years. And, with sales numbers like 2019, we'll see if Lamborghini expands its lineup as well.

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