Ferrari Confirms Increased Sales In Q2, Projects 8,000 Deliveries This Year

Ferrari performed better than expected during the second-quarter of the year posting an increase in earnings, revenue and deliveries.

In Q2 2016, a total of 2,214 Ferraris were shipped to customers around the world, 8 per cent higher than the same time last year. The increase is attributed to higher demand and sales for the California T, 488 GTB and 488 Spider.

Due of the phase-out of the FF and completion of LaFerrari production, V12 deliveries fell by 22 per cent. Sales of the F12tdf were not enough to override these changes.

The EMEA and Greater China regions say the most significant jumps in deliveries of 14 per cent and 26 per cent respectively. Throughout April, May and June, the Italian automaker’s earnings before interest and taxes rose by 26 per cent to 156 million euros ($175 million). That’s a significant jump over what some analysts had estimated. Meanwhile net revenues grew by 5.9 per cent to 811 million euros ($909 million).

All told, the firm has delivered 4,096 vehicles throughout the first half of the year and projects a total of around 8,000 units by year’s end.


Ford Is Reportedly Developing A Focus-Based Ute In Australia

Code-named the P758, it is expected to target the South American market, though it could be sold elsewhere as well.

Hyundai’s Pickup Could Get A Ranger Raptor-Rivaling Variant

A Hyundai pickup with the i30 N’s 2.0-liter turbo four-cylinder and close to 300 HP could be very fun indeed.

This Chevy Camaro Has Turned To The Dark Side, Sith Lords Don’t Approve

Underneath this badly executed body kit, which comes bundled with all sorts of unusual add-ons, lies a sixth-gen Camaro.

V8-Powered Ford Fusion With 450 HP And RWD Is The Closest Thing To A Mustang Sedan

Not content with the stock 325 HP twin-turbo V6, the owner of this saloon fitted a tuned Coyote engine and a 2007 ‘Stang GT500 transmission.

Kevin Hart’s Plymouth Barracuda Crash Investigated By Californian Authorities

The California Highway Patrol may recommend modified cars like Hart’s are fitted with five-point safety harnesses.

2020 Genesis G90 Vs. 2019 Mercedes S-Class: Underdog Takes On Top Dog

The 2020 G90 is fantastic value for money, but is it good enough to take on the luxury segment’s benchmark?.

Here’s a Close Look At The ID.3, Volkswagen’s Most Important New Car In Many Decades

The all-new compact electric hatchback is available in three different battery and electric motor configurations.

Mercedes SL 73 AMG: Rarer Than A Pagani Zonda And The Coolest R129 Of Them All

If you like 1990s AMGs, this SL 73 is the pick of the decade, packing a healthy 525 HP and being made in no more than 50 examples .

What Is BMW Testing With This M8 Prototype At The Nurburgring?

One possibility is that it’s an even more hardcore variant of the Competition, and another that the rear wing is going to be offered as an M Performance part.

Bugatti CEO Reveals More Track-Focused Chiron Variants Are Coming

Now that it has made a point about its hypercar’s top speed with the 300+, Bugatti will turn its attention to other aspects like power-to-weight ratio and ultimate handling.