Lamborghini To Receive $111M Tax Incentive From Italian Government To Build Urus SUV

According to a new report from Bloomberg, the Italian government will give Lamborghini up to 100 million euros ($111 million U.S.) in tax breaks for a new Italy-based production facility to build its impending Urus crossover model.

The production of the new SUV would create as many as 300 additional jobs in Italy. The government is looking to create jobs and entice employers to hire more workers as the country deals with a 12.5 percent unemployment rate and the longest recession in its history. Lamborghini is hoping to receive approval to build the crossover model by the end of next month.

“We haven’t decided on the series production of the Lamborghini Urus yet,” Audi said in an e-mailed statement to Bloomberg. “Once this has been clarified, the question about the production location will be posed.”

The Urus, which will share chassis components and other parts with other crossovers in the Volkswagen portfolio, such as the Porsche Cayenne, will help Lamborghini sell more models in emerging markets such as China and the Middle East. The addition of a crossover model could help sell an additional 3,000 units a year, doubling Lamborghini’s sales.

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