Ferrari's core profits have risen by 27 percent in the first quarter of 2023, with the Prancing Horse set for greater success as Purosangue deliveries come on steam car auto cars
Ferrari’s first-ever SUV, the Purosangue, has seen an overwhelming demand, prompting the company to halt orders only two months after its unveiling in September 2022. However, during an earnings call on Thursday, Ferrari CEO Benedetto Vigna announced that the company is preparing to reopen orders for the luxury vehicle.
“We were caught by positive surprise for these strong interest,” Vigna told analysts. He added that anyone who puts down an order today will have to wait until at least 2026 for delivery. This is partly due to the Italian automaker’s commitment that the $430,000 SUV will not exceed 20 percent of the brand’s shipments. Exclusivity will be further maintained, with Vigna pledging not to extend the model’s lifecycle, despite the demand.
Ferrari’s adjusted earnings came to €537 million with an adjusted margin of 37.6 percent, beating forecasts. The strong showing is mainly thanks to larger volumes of shipments, with 3,567 units delivered in Q1 2023, 9.7 percent more than last year. The performance was led by the
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ferrari sees strong second quarter as Purosangue deliveries start - AutoblogFerrari saw 27% rise in first-quarter profit, and it forecast a strong second quarter with deliveries of the Purosangue. Its waiting lists extend to 2026.
Leer más »
The First Eclipse of 2023 Is This WeekendWelcome, friends: It’s officially eclipse season. So far, 2023 has been relatively tame, but with the cosmos dishing out two eclipses in quick succession, things have really heated up. Don’t freak out! Just let alizakelly guide you through
Leer más »
NFL Draft 2023: Which Day 3 QB Starts First?Quarterbacks dominated the 2023 NFL Draft. While the first-round signal-callers are rightfully capturing all the hype and attention ...
Leer más »
Kentucky Derby 2023: What to know about the first leg of horse racing's Triple CrownRich Strike pulled off an incredible upset at last year's Kentucky Derby. Which horse will be able to win at Churchill Downs this year? Here's what to know about the race.
Leer más »
Volvo C40 Recharge 2023 first drive | AutocarREVIEW: Like the new XC40, the single-motor Volvo C40 Rercharge can go further on a single charge ⚡ It's also now rear-wheel drive...
Leer más »