Investors Scramble To Rerate Ferrari As Electric Turmoil Looms. “A semi’s guy who did his thesis on quantum quarks and has hundreds of patents to his name running Ferrari? We live in extraordinary times” After Ferrari, legendary maker of exotic sports cars, finally appointed a new leader, investors briefly breathed a sigh of relief, before […]
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Ferrari Steadies After Delayed Profit News Inspired Tailspin In Its Shares
Ferrari Steadies After Delayed Profit News Inspired Tailspin In Its Shares. “By disappointing shareholders now, chairman and chief executive Elkann will at least make it easier for his successor to have a safer start” Leaderless legendary luxury sports car maker Ferrari shares stabilized Wednesday after diving 8% the previous day after it delayed its profit […]
Ferrari Unveils Limited Edition Versions of the 812 Superfast
Ferrari Unveils Limited Edition Versions of the 812 Superfast. Ferrari said it launched the 812 Competizione Wednesday in Maranello, Italy a new limited-edition special series car derived from the 812 Superfast. The wraps were also whipped off the 812 Competizione A, a targa-top version. The 812 Competizione and 812 Competizione A have 6.5 liter V12 […]
Ferrari Profits Slipped In 2020, But Electric Threat Looms
Ferrari Profits Slipped In 2020, But Electric Threat Looms. “Ferrari’s core business is flourishing. But faces an existential challenge and a very large opportunity in the form of electric vehicles” Ferrari, with its beautiful, high-powered and impossibly expensive dream machines, might finally be confronting a challenge that can’t be solved by a more powerful V8 […]
Ferrari Shares Resume Advance, Shaking Off Leadership Worries
Ferrari Shares Resume Advance, Shaking Off Leadership Worries. “Manley isn’t Italian, and surely wouldn’t be interested in what would be a huge demotion” Legendary supercar maker Ferrari’s share price wobbled a bit after news its CEO Louis Camilleri had quit, but quickly resumed an upward trend as rumors swirled about the likely replacement. Ferrari shares […]
Most Investors Expect Ferrari’s Financial Strength To Continue
Most Investors Expect Ferrari’s Financial Strength To Continue. For all its magnificence as a business, Ferrari remains a very expensive stock Ferrari, legendary sports-car maker for the rich and famous, produced another stellar financial report, the share price zoomed and most investors were happy. Ferrari’s share price suggests it is classed as a luxury goods […]
Ferrari’s Portofino Has More Power, 8-speed Gearbox, Costs 4% More
Ferrari’s Portofino Has More Power, 8-speed Gearbox, Costs 4% More. “Ferrari has struggled from coronavirus, but not as badly as mainstream auto makers” Ferrari unveiled its new Portofino M, a convertible sports car which boasts a 612-hp turbo-charged 3.9 liter V8 motor, and an 8-speed gearbox. The previous Portofino made do with 592 hp and […]
Ferrari Shrugs Off Coronavirus: Electric Cars, SUVs Could Transform Future
Ferrari Shrugs Off Coronavirus: Electric Cars, SUVs Could Transform Future. “In many ways 2020 earnings do not matter, only the magnitude of the rebound in 2021” Some investors think Italian luxury sports-car maker Ferrari might be losing its allure, while others see long-term sales bounding ahead as it rides the electric car wave and embraces […]
Ferrari Profit Eases, As Mainstream Autos Skid Off The Track
Ferrari Profit Eases, As Mainstream Autos Skid Off The Track. “Our negativity is more related to future orders than 2020 disruption” Things must be really bad in the coronavirus-weakened world economy. The super-rich are apparently hesitating for a second or two before deciding to splurge between $180,000 and $450,000 on a new Ferrari. That’s the […]
Ferrari Hiccup In 2020, Before Blasting Back Into The Fast Lane
Ferrari Hiccup In 2020, Before Blasting Back Into The Fast Lane. “we do not expect the business to escape completely unscathed” Amid the debris of the global automotive industry, Italian luxury sports-car maker Ferrari is expected to race on confidently after swerving past relatively minor obstacles. The mainstream European auto industry is on its knees, […]