Report: Ferrari looking to become even more exclusive

Filed under: Coupe, Performance, China, Europe, Plants/Manufacturing, Ferrari, Middle East
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While most automakers are clawing and scratching for every possible sale, it sounds like Ferrari is content in losing a few potential customers in the name of better exclusivity and higher profits. Autocar reports that Ferrari chairman Luca di Montezemolo recently stated that the Italian automaker hopes to sell fewer than 7,000 units globally in 2013 compared to last year’s tally of 7,318.

As a part of this plan, Ferrari will be slowing its production lines and trying to create a balanced market for its cars in the US, the Middle East, Europe and China - the latter two being the automaker’s biggest markets. Montezemolo also said that Ferrari would not be expanding its model lineup with SUVs, sedans or small cars.Ferrari looking to become even more exclusive originally appeared on Autoblog on Thu, 09 May 2013 17:46:00 EST. Please see our terms for use of feeds.
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Re: Report: Ferrari looking to become even more exclusive

The really story is that Italy is heavily taxing ferrai owners and also looking into their assets, causing fewer people to buy ferraris. . Also ferrari is projected to make 7000 sales anyway based on trend from the last 3 years. So they want to make it look like they planned it anyway. The sales have declined over the last 3 years and they want to make it look like it was planned.