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Ferrari S.p.A. ( / fəˈrɑːri /; Italian: [ferˈraːri]) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built its first car in 1940, adopted its current name in 1945, and began to produce its current line of road cars in 1947.
History of Ferrari. Ferrari is an Italian company which has produced sports cars since 1947, but traces its roots back to 1929 when Enzo Ferrari formed the Scuderia Ferrari racing team. In January 2016, Ferrari officially split off from its former parent company Fiat Chrysler Automobiles .
Ferrari forecasted $2.9 billion in earnings for that year. But the Italian automaker is late to the EV game and has stiff competition, including BYD , which overtook Tesla as the world’s ...
Ferrari shares are charging higher today after the Italian luxury automaker reported Q4 sales results that topped expectations and that it sees momentum continuing in 2024.The Maranello-based ...
Ferrari is hosting a gala in New York City's Hudson Yards complex. While showcasing some of its historic vehicles, the automaker is also attempting to reach potentially new clientele.
Unveiled in September 2019, the Ferrari 812 GTS is the open top version of the 812 Superfast. This marks the first front-engine V12 series production convertible model offered by Ferrari in 50 years, [ 17 ] as the convertible variants of the 550 , the 575 and the 599 were limited edition models meant for special customers only.
Ferrari's gross margin has averaged a ridiculous 50% in the past five years. Compare that to mass-market automaker Ford Motor (average five-year gross margin of 9%), or even high-end electric ...
The Ferrari 348 (Type F119) is a mid-engine V8-powered 2-seat sports car produced by Italian automaker Ferrari, replacing the 328 in 1989 and remaining in production until 1995, when it was replaced by the F355. [4] [5] It was the final V8 model developed under the direction of Enzo Ferrari before his death, commissioned to production posthumously.
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