A UK showroom has displayed one of the rarest Lamborghini models currently in existence.
For the very first time, the performance-focused Veneno Coupe is an display in South Kensington until Friday Jan. 6.
The Veneno is a supercar spotter’s dream, and the example on display at H. R. Owen is one of only four such cars ever made by Lamborghini.
It was originally launched back in 2013 as a special tribute to the Lamborghini brand on its 50th birthday, and such was its exclusivity that it sold for $4.5 million. In fact, back in March, a broker in Japan listed a Veneno on a German website for $11 million, showing that the car is only increasing in value.
H. R. Owen’s model will be the very first Veneno to be featured in a main dealership in the UK, having only previously been on public display at the Lamborghini Museum in Sant’Agata Bolognese, Italy, and at high-profile motor shows around the world.
The Veneno’s ethos is all about being as lightweight as possible to enhance performance, with its exceptional aerodynamics making it feel like more of a race car than a road-legal supercar.
Rare Lamborghini Veneno on display in London
Rare Lamborghini Veneno on display in London
Price cuts drive sales of Saudi-owned electric car
- Lucid delivers more vehicles than expected as it prepares to launch luxury new Gravity SUV
RIYADH: The majority Saudi-owned electric car maker Lucid delivered more vehicles than expected in the past three months as price cuts helped boost demand.
The company delivered 2,394 cars from April to June 30, above analysts’ predictions of 1,940.
Lucid produced 3,838 vehicles in the first six months of 2024 and needs to make more than 5,162 cars by end of the year to meet its annual output forecast of 9,000. It made 8,428 cars in 2023.
“I think at this point everything is shaping for them to achieve that,” said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Lucid will produce and deliver more cars in the second half of the year because of the usual seasonal effects on the industry, he said.
Demand for electric vehicles has grown more slowly than expected pace in the past year, under pressure from high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives.
Lucid and the market leader Tesla have responded by slashing prices and offering incentives such as cheaper financing options. Lucid, which is 60-per-cent owned by the Public Investment Fund, the Kingdom’s sovereign wealth fund, cut the price of its flagship Air model by 10 percent in February.
Its new Gravity SUV model, a rival for Tesla's Model X, goes into production this year and will cost about $80,000.
