(MENAFN) Lamborghini announced signing a deal to manufacture the new vehicle in Italy after receiving more than USD87 million in government inducements, Arab News reported.
The deal is expected to create 500 jobs at Lamborghini's Sant'Agata factory near Bologna, reinforcing the country's long-suffering auto sector.
The Urus SUV is expected to enter the market in 2018 with a production of 3,000 vehicles a year, more than doubling Lamborghini's current output of 2,530.
Lamborghini CEO said the third model in Lamborghini's portfolio will determine "stable and sustainable growth of the company and mark a turning point."
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