Legendary Italian luxury sports car maker Ferrari expects solid profits despite market turmoil in the year it launches its first electric vehicle.
The traditional auto industry is in turmoil and as usual nothing seems to trouble legendary Italian luxury sports car makerThe idea that Ferrari rolls serenely on, floating over economic downturns, tariff wars and potholes might seem contradictory given its usual wailing, screeching V-12 resonance. But in 2025, Ferrari ’s first electric sports car might well do just that by filling your rear-view mirror and disappearing in a silent instant.
Ferrari said its order book is full through 2026, and that all the production of 799 €3.6 million F80 supercars have been sold. The EV will be launched on schedule on October 9 and is expected to cost more than €500,000 . Five other new models will be launched this year, in addition to pure gasoline, gasoline hybrids, plug-in hybrids, and now electric models.Trump Tariffs Live Updates: USPS Does A U-Turn And Says It Will Continue Accepting Packages From China
“Ferrari results proved once again the strength of the brand and business model, as high-end demand continues to exceed supply despite the macro conditions,” UBS said.
Profit Forecast Electric Car Italy Luxury Gasoline Hybrid Plug-In Hybrid Market Turmoil
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