News
Ferrari Deliveries Once Again Halted By Iran War
Deliveries from sports car manufacturer Ferrari were disrupted in the first quarter by the Iran war. Normally, Ferraris sell well around the Persian Gulf, but the war prevents this. Ferrari says it was able to mitigate these difficulties by sending more cars to other regions.
Total deliveries, at 3,436 cars, were a good 4 percent lower than in the same period last year. 14 percent fewer Ferraris went to the region comprising Europe, the Middle East, and Africa. Deliveries to North and South America rose slightly, while volume to the China region increased significantly.
The company from Maranello also did good business selling more expensive models, including the F80. That explains why Ferrari’s revenue increased by 3 percent to 1.8 billion euros. At 413 million euros, the profit was slightly higher than a year ago.
-
News3 days agoThis Bespoke Rolls-Royce Black Badge Ghost Honors Charles Rolls’ 1906 Tourist Trophy Victory
-
News3 days agoFCT Police Begins Enforcement Of Vehicle Tint Regulations, Lagos Command Impounds 50 For Plate Number Violations, News In The Past Week
-
News5 days agoVC-25B ‘Bridge’: U.S. Air Force Unveils Modified $400M Qatari Jet As Trump’s Temporary Air Force One
-
News1 week agoHybrid Volvo XC40 Plug-In Recall: “Do Not Charge It”
-
News6 days agoBombardier Delivers Africa’s First ‘Global 8000’ Business Jet To Nigeria-based BUA Group
-
News4 days agoMitsubishi Motors Celebrates One Year of New L200 Pickup in Nigeria With Special Anniversary Offer Starting ₦42,000,000
-
News1 week agoSpiegel: To put pressure on employees, Volkswagen executives are fabricating a crisis.
-
Entertainment1 week agoWike’s Aide Mocks Fayose For Claiming Rolls-Royce Doesn’t Have Front License Plate Holder