Ferrari Industry Reports

Ferrari’s Second Quarter Hints at Another Record Year

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If Ferrari’s second quarter is any indication, 2016 is shaping up to be a good year for the Italian car maker. Even with the phasing out of the 12 cylinder FF, Ferrari is seeing record sales and delivery numbers. Here’s the breakdown according to a company press release:

  • An additional 155 shipments brings the car maker up 8%
  • Net revenue has grown by 5.9%
  • Adjusted net profit is up 35%

Even with a 22% drop in V12 deliveries because of phase-outs, overall sales were up, as marked by the total 2,214 units delivered. The brand’s V8 models bring in an increase of 16% thanks to the launch of the new 488 GTB and the 488 Spider. With tax rate drops, an increase in industrial cash flow, and a decrease in industrial debt, Ferrari is on track for another record year.

Ferrari continues to excite aficionados and collectors with the announcement of the long-awaited, open-top LaFerrari, which has been completely pre-sold. Though limited details have been released about the new supercar, an official unveiling is scheduled for the Paris International Motor Show in October of this year.

Great things are happening in the supercar world! Stay tuned to Autofluence for more insights and information on your favorite brands.

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