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Ferrari said it delivered 13,752 cars last year - 89 more than in 2023

Ferrari sees further growth after beating 2024 forecasts

Luxury sports car maker Ferrari said today its revenue and core earnings would rise by at least 5% this year, supported by strong product delivery and demand for personal touches to its vehicles, having met targets for 2024.

Business • 04 Feb

Ferrari CEO Benedetto Vigna reiterated the company would present its first fully-electric car in the fourth quarter of 2025

Ferrari will always make its cars in Italy, CEO says

Ferrari will always make its luxury sports car in its hometown of Maranello, northern Italy, including its first fully electric model expected next year, its chief executive Benedetto Vigna has said.

Business • 11 Dec 24

Ferrari said its shipments declined 2% to 3,383 units in the third quarter, with a 29% decrease in China

Ferrari's core profit rises 7%, helped by product mix

A richer model lineup and increased demand for personalisation continued to support growth at Ferrari, which today reported a 7% core earnings increase in the third quarter, despite a slight drop in car shipments.

Business • 05 Nov 24

Ferrari to accept crypto-payments in Europe

Italian luxury carmaker Ferrari said today that its European dealers will start accepting cryptocurrency, following a similar move in the US.

Business • 24 Jul 24

Italy's Ferrari, famed for its roaring petrol engines, has said it will launch an electric car late next year

Ferrari's first electric car to cost at least €500,000

Ferrari's first electric car will cost at least €500,000, a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make the model - and could boost group production by up to a third.

Business • 19 Jun 24

Ferrari said today that its core earnings rose 13% in the first quarter of 2024

Ferrari's core earnings rose in Q1, sticks to FY guidance

Ferrari's core earnings rose 13% in the first quarter but its shares fell today as the luxury sports car maker confirmed its full-year forecasts, failing to excite investors despite what its CEO called a "very positive" start of the year.

Business • 07 May 24

Formula 1's popularity has exploded in recent years - particularly in North America

Drive to Thrive: F1's money-making formula

Formula 1 has long been a big-money sport – but the success of Netflix's documentary series has seen its finances reach new heights, writes Adam Maguire.

Business • 20 Mar 24

Ferrari said models of its hybrid 296 and SF90 families drove its deliveries in the third quarter of 2023

Ferrari raises 2023 forecasts after beating estimates

Luxury sports car maker Ferrari has today slightly raised its forecasts for its full-year core earnings, after beating estimates with its third-quarter results.

Business • 02 Nov 23

Ferrari said its decision to accept cryptocurrencies came in response to requests from the market and dealers as many of its clients have invested in crypto

Ferrari to accept crypto as payment for cars in the US

Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the US and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.

Business • 16 Oct 23

"We continue to monitor the situation closely and will always respect all rules, regulations and sanctions," it said

Ferrari suspends production of cars for Russian market

Luxury carmaker Ferrari has said it will suspend exports to Russia due to Moscow's invasion of Ukraine.

Business • 08 Mar 22

Car firms like Ferrari and Mercedes-Benz are turning to startups for expertise and technology to solve the unique challenges of electrifying the highest-performance vehicles

Supercars in the race of their lives to go electric

Speed has always been paramount for supercar makers, and now they're in the race of their lives to go electric before climate policy cuts their combustion engines.

News Lens • 27 Sep 21

Ferrari, the luxury sports car maker famed for its roaring combustion engines, retooling its range for an electric era

Ferrari unveils €269,000 hybrid sports car

Ferrari has unveiled a new first plug-in hybrid car as the luxury sports car maker famed for its roaring combustion engines retools its range for an electric era.

Business • 25 Jun 21

The sudden departure of CEO Louis Camilleri raises questions about leadership and future strategy at the luxury carmaker

Ferrari shares fall after CEO Camilleri's sudden exit

Shares in Ferrari fell more than 1% today after the sudden departure of CEO Louis Camilleri, once again raising questions about leadership and future strategy at the luxury carmaker.

Business • 11 Dec 20

Ferrari said shipments were starting to recover after production was suspended earlier this year due to the coronavirus epidemic

Ferrari sees full-year at top end of guidance

Italian luxury carmaker Ferrari today narrowed this year's guidance to the top end of its previous forecast, as shipments started to recover after production was suspended earlier this year due to the coronavirus epidemic.

Business • 03 Nov 20

The late Sergio Marchionne spent 14 years at the wheel of Fiat Chrysler, the group he built

Marchionne - the Fiat Chrysler boss who fixed things

Sergio Marchionne was one of the car industry's most demanding and tenacious chief executives and he rescued Fiat and Chrysler, two of its most storied brands.

Business • 25 Jul 18

Shares dropped to €41.75 in a broadly depressed market, before being briefly suspended and then climbing to €42.37

Ferrari lists on Milan stock exchange

Legendary carmaker Ferrari completed its spinoff from Fiat Chrysler with a debut on the Milan stock exchange today, its shares opening at €43 before slipping in early trading.

Business • 04 Jan 16

Fiat Chrysler plans to spin off Ferrari as it seeks to raise money for new cars

Ferrari files for initial public offering in US

Italian luxury sports car maker Ferrari NV filed with US regulators for an initial public offering of its common stock.

Business • 23 Jul 15

More than 800 of the Ferrari recalls are in North America

Ferrari recalls 2,600 cars over airbag defect

Italian sports car giant Ferrari has recalled 2,600 cars globally because of a defect in airbags supplied by Japanese company Takata.

Business • 20 Jul 15

Ferrari set to be spun off from main Fiat Chrysler group

Fiat Chrysler to spin off luxury brand Ferrari

Luxury car company Ferrari is to be spun off as an independent business with 10% floated on the stock exchange, its parent group Fiat Chrysler Automobiles said.

Business • 29 Oct 14

One family had owned the 1962 Ferrari 250 GTO for 49 years from 1965 to 2014

Ferrari sold for record price of $38m

A red 1962 Ferrari 250 GTO Berlinetta has set the world record for a car sold at auction, going for $38.1m at a sale in California.

Business • 15 Aug 14

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