Mumbai: The high-stakes world of luxury supercar ownership in India has come under scrutiny following an incident involving Gautam Singhania, the MD of Raymond Group, who recently questioned the reliability of Lamborghini’s latest V12 hybrid model, the Revuelto. During a test drive on Mumbai’s Trans-Harbour Link, the supercar stalled due to a complete electrical failure, compelling Singhania to publicly question its dependability.
In a post on X, Singhania voiced concerns about the Revuelto, stating, “It’s a brand-new car—are there reliability concerns?” He further highlighted that this issue wasn’t isolated, as two other Revuelto models reportedly faced similar failures recently, raising questions about the model’s engineering.
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Despite such concerns, India’s supercar market remains buoyant. Lamborghini India has seen a notable 12% rise in sales in 2024, with 103 units sold by August. Similarly, Porsche reported a 40% growth in sales in the first half of the year. Industry experts suggest that exclusivity and brand loyalty drive this demand, with Ferrari, Porsche, and Lamborghini dominating the Indian luxury car market.
The allure of exclusive models has also led to creative purchasing strategies among affluent buyers. Some enthusiasts turn to international markets, using ATA Carnet registrations to bypass Indian duties by registering in Dubai and temporarily importing the car. Others buy second-hand models from their chosen brands to gain priority for upcoming flagship models, mirroring sales tactics of brands like Ferrari and Rolex.
As demand continues to outstrip supply, Singhania’s criticism points to a challenge for manufacturers: maintaining premium performance standards while meeting rising expectations. This episode highlights both the technical and customer service hurdles luxury carmakers face as they expand in the growing Indian market.