Ferrari sales increase: Apple Senior VP joins Board

Ferrari sales across US, UK, Germany and Japan have been noteworthy during the period January to October 2012. Sales in US were up 16% while in UK sales increased 37%. Germany sales increased 9% and in Japan sales were up 20% during this 9 month period. Ferrari has also announced that former Apple Senior VP, Eddy Cue has joined Board.

For 9 month period ending 30th September, Ferrari delivered a total of 5267 vehicles to their various dealerships. Revenues of €1,764 million were up 10% as compared to the same period in the previous year while trading profits also increased 9.6% to €232.8 million and net profits grew by 7.6% to €152.4 million.

Sales across US stood at 1345 units thereby confirming its position as Ferrari’s largest market. Sales in UK reached 504 units, up 37% as compared to sales in the previous year while Ferrari delivered 534 units in Germany. Similar results were also seen in China, Japan and Middle East where sales increased significantly as compared to sales a year earlier. However, it was only in Italy that the company experienced reduced sales with only 238 units delivered, a drop of 49% over previous year’s figures. For more information, scroll through the news release below.

About the author

Sagar Patel

Sagar Patel

A first drive in a manual rickety old van was enough to pave the road forward for Editor-in-Chief, Sagar Patel. When not driving or riding, his dexterity shifts gear to voice passion through words via reviews, and news, all the while, closely monitoring updates from the auto industry.

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