Lamborghini CEO warns tariffs have even forced its wealthiest consumers--who have an average of 5 cars in their garage--to

[Yo_Mama_Been_Loggin]

waver on buying a new ride

Lamborghini CEO Stephan Winkelmann said some of its moneyed customers are holding back on new car purchases as tariffs remain unstable between the U.S. and EU. The U.S. is the company’s biggest market, and despite recent record results and an order backlog that provides some cushion against a sales slowdown, Winkelmann said tariffs have the potential to deal the company a blow.

President Donald Trump’s tariff instability is putting the economy on hold, and even Lamborghini’s deep-pocketed customers aren’t immune.

CEO Stephan Winkelmann said some of its U.S. customers, who have at least $400,000 to shell out for a base model, are waiting to see where the Trump administration’s tariff rate for the EU ultimately settles. Its customers are waiting, even though the U.S. reached a deal to impose a 15% tariff on some EU products, including cars, in exchange for several pledges by the EU. This includes buying more AI chips and military equipment from the U.S.

“Some are waiting because they want to be sure that this is the final number that is going to be in place,” Winkelmann told CNBC. “Others are fine with it, or we will have negotiations.”

https://finance.yahoo.com/news/lamborghini-ceo-warns-tariffs-even-170258013.html

Use your Trump tax cut

[enigmania]

1. Well, tarnation! I was going to buy my

6th Lamborghini this fall!

[BlueWaveNeverEnd]

8. LOL!

[tanyev]

2. Oh no!

[Greg_In_SF]

3. That does it!

I'm cancelling my order!

[JPK]

4. AWWWWW...

Let them eat Corvette!

[Silent Type]

5. Gonna have to start making them in the USA, assuming it's not to risky/vile to live here.

[berniesandersmittens]

6. .

[Faux pas]

7. BOO EFFING HOO

[fujiyamasan]

9. This could be an indicator for the broader economy

And as our favorite senator from Maine (haha) would say, it’s “concerning”.

Not because I care about the ultra wealthy and their ability to buy a new very expensive toy, but because of the very rich are pulling back on their spending, it’s that much worse for the rest of us in buying stuff we actually need.

After all, what about the price of those eggs?

[Vinca]

10. Well, I'm in tears. Hand me a tissue. I bet they're holding back on yachts, too.