Lamborghini OC is Economy's Latest Victim
Going Like Sixty — November 9, 2008 — Business
References: ocbiz.freedomblogging
Heaven forfend: Hollywood stars will have to find a new place to buy their Lamborghinis, and the Lamborghini Girls of Orange County are out of work!
Lamborghini Orange County is closing its doors for good. The dealership sold a whopping 10% of all the Lamborghini sales worldwide. Lamborghini planned to move its North America headquarters to be closer to the big dealer, but the owner decided to just shut it down because of slumping sales.
Lamborghini Orange County is closing its doors for good. The dealership sold a whopping 10% of all the Lamborghini sales worldwide. Lamborghini planned to move its North America headquarters to be closer to the big dealer, but the owner decided to just shut it down because of slumping sales.
Trend Themes
1. Supercar Dealership Shutdowns - Supercar dealerships worldwide face the challenge of low sales amid the pandemic.
2. Luxury Auto Industry Decline - The pandemic has significantly impacted the luxury auto industry, prompting dealerships to evaluate their sales and marketing strategies.
3. Online Car Sales Disruption - The pandemic has accelerated digitalization across industries, making it an opportunity for luxury car dealerships to adapt and implement online sales strategies.
Industry Implications
1. Luxury Auto Sales - Luxury car dealerships are facing the challenge of adapting to new sales strategies to address the changing market conditions.
2. Automotive Manufacturing - Automotive manufacturers need to evaluate and adjust their production and supply chain strategies to address the declining sales in the luxury auto industry.
3. Digital Marketing - The pandemic has made it essential for luxury car dealerships to adopt innovative digital marketing strategies to build their customer base and increase sales.
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