Report: Italian government offering tax breaks to Lamborghini for future SUV production

Report: Italian government offering tax breaks to Lamborghini for future SUV production image

Text: Marcus De Guzman / Photos: Lamborghini | posted May 06, 2015 12:38

Lamborghini offered with EUR 100M tax break

Lamborghini is being enticed by the Italian government with tax breaks in an effort to ensure that the future SUV from the automaker will be built in the country.

According to Automotive News, parent company Audi is still busy deciding whether to go through with the planned SUV. Meanwhile, the Italian government currently being led by Prime Minsiter Matteo Renzi has already offered Lamborghini a EUR 100 million tax break (about PhP 5 billion) and other incentives in order for Lamborghini to build the SUV within the borders of Italy.

Sources close to the matter also told Automotive News that the company aims to get the approval for the production of the Urus by June.

The news agency then e-mailed Audi about the matter to which the company replied that they are still unsure whether to go through with it.

The Lamborghini Urus' rear and side profile

“We haven't decided on the series production of the Lamborghini Urus yet. Once this has been clarified, the question about the production location will be posed,” said Audi.

Originally unveiled at the 2012 Beijing Motor Show, the Lamborghini Urus concept is the company's take on the growing luxury SUV segment. With a sleek exterior, that is paired with a sporty interior and a very potent powertrain that puts out 600 PS, Lamborghini claims that the Urus concept combines unique design, a fascinating interior and outstanding performance.

If approved, it will be Lamborghini's third model in their current lineup and their overall second SUV besides the classic LM002 that ceased production back in 1993. The company also stated that they plan to sell 3,000 units of the SUV per year which in turn will increase the company's growth.

Source: Automotive News