Ferrari Thriving, Posts Increased Third-Quarter Sales And Profits

Ferrari’s third-quarter sales rose by nearly 11 percent, with the Italian car firm shipping a total of 2,262 units, 216 more than in the same time period of 2017.

During this time, the company’s net revenues rose by 0.3 percent, whereas the net profit, as indicated in the results table below, went up by 105 percent.

The biggest market for Ferrari since the beginning of the year was the EMEA (Europe, Middle East, Africa). They have shipped 3,181 vehicles in this region between January and September, up 8 percent, and 1,005 in the third quarter, an 11 percent improvement.

Also Read: Ferrari Monza SP1 And SP2 Look Absolutely Stunning In The Flesh

In the Americas, the automaker’s third-quarter sales went up by 5 percent, to 770 units, contributing to the overall sales since January reported at 2,189.

Another 522 Prancing Horses were shipped to China, Hong Kong and Taiwan combined since the beginning of the year, including 162 units in the third quarter. In the rest of the APAC (Asia-Pacific) markets, 961 Ferraris found new homes between January and September, including 325 sold in the third quarter.

All in all, total sales rose by 7 percent globally in the first nine months of the year, for a total of 6,853 vehicles, out of which 2,262 were delivered between July and September. V8 and V12 sales were led by the Portofino and 812 Superfast, which witnessed an increased demand of 11 and 7.9 percent, respectively.

The company is expected to almost double its earnings to €1.8-€2 billion ($2-$2.3 billion) by 2022 with the introduction of 15 new models, including special editions, hybrids and an SUV.

Note: Ferrari Portofino and 812 Superfast pictured

 

more photos...
  • Mr. EP9

    Noice.

  • Bash

    Must be Christmas already at FCA.

  • Dennis James

    Ferrari is among the very few that doesn’t make divisive designs and all of their cars are simply great looking.

2020 Mercedes GLA Compact Crossover Is The A-Class You’ll Most Likely Buy

The new generation of the popular Mercedes GLA is rumored to debut at the Frankfurt Motor Show.

Bowlus Road Chief ‘Endless Highways’ Is A $185k Retro Travel Trailer Bathed In Chrome

The Bowlus Road Chief ‘Endless Highways’ will set you back $185,000.

Kia Driver Cuts Off Rider Who Lands On Hood, Then Angrily Smashes Windshield

Even though the driver was at fault, the rider had plenty of time to take evasive action.

Netflix’s Animated ‘Fast & Furious’ Series Is Coming, Here’s The Trailer

Fast & Furious: Spy Racers will be focused on the cousin of Dominic Toretto.

Is The 2020 Ford Explorer As Good As The Figures Suggest?

The new Ford Explorer sounds impressive on paper but now it’s time to find out what it’s like on the real world.

Tesla Arcade Launches With Beach Buggy Racing 2

Tesla’s new Beach Buggy Racing 2 game will make charging that much more enjoyable.

2020 BMW Z4 M40i Delivers Some Mighty Impressive Figures On The Dyno

This 2020 BMW Z4 M40i pumped out 373 hp through the rear wheels.

Mercedes-AMG GT R Roadster Commands A £30,000 Premium Over The Coupe In UK

The new Mercedes roadster comes with 577hp and a 197mph top speed.

Renault Triber Sub-4-Meter SUV Unveiled With Seating For 7

The Renault Triber is limited to the Indian market and is powered by a small Dacia engine.

2020 Lexus RX Getting Innovative LED Headlights As A World-First

Called BladeScan, Lexus’ new headlamp technology will make nighttime driving safer without dazzling.