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Ferrari Sales Exceed The €1 Billion Mark For The First Time



Ferrari Purosangue SUV Debut With Suicide Doors - autojosh

Ferrari has had another record year. It sold more cars than ever in a year and saw its profits pass €1 billion for the first time.

Ferrari posted a net profit of more than €1 billion for the first time last year, helped by higher sales of the Purosangue, 296 GTB, and SF90. The net profit of the famous luxury brand from Maranello increased by 34 percent to more than €1.2 billion. Turnover increased by 17 percent to €6 billion. Ferrari delivered a total of 13,663 cars worldwide last year, an increase of 442 units compared to the year before. Ferrari also increased its sales prices.

More cars were delivered, especially in North America. Shipments increased slightly in Europe and the Middle East. However, a decline was seen in China, Hong Kong, and Taiwan. CEO Benedetto Vigna speaks of a very successful year and looks to 2024 with confidence thanks to the company’s strong order book. Ferrari plans to present its first fully electric sports car in the last quarter of next year.

Watch : Moment $631,000 Ferrari SF90 Smashes Into Five Parked Cars, Driver Runs Away - autojosh is an authoritative car blog in Nigeria. Its objective is to get Nigerians and a wider audience to be more informed about automobiles, the automotive sector and transport infrastructure. Over the years, we have been instrumental in creating immeasurable public awareness about automobiles and their maintenance, safety and traffic laws, amongst others. ...Your mobility, our priority. EH

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