Ferrari announces record sales for first 9 months of 2012

Supercar maker Ferrari has announced record sales and profits for the first 9 months of 2012. Ferrari said it delivered 5,267 units, which is up 6 percent from the same period last year.

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The United States is still Ferrari’s largest markets with sales hitting 1,354 for the first 9 months. In China, Ferrari sold 566 units, Germany the number came in at 534 units and in the UK the number came in at 504 units. Sales in its home down of Italy fell to 238 units, down 49 percent.

“These results confirm Ferrari’s excellent performance in practically all of the 60 nations in which it is present despite the continuing economic climate. Once again the exception is Italy where we have witnessed a drop partly due to the economic crisis, but also to a hostile environment for luxury goods which have long been, and continue to be, an important resource for the country,” said Luca di Montezemolo who then announced the addition of a new Ferrari board member. “I am delighted that Eddy Cue, one of the main driving forces behind Apple’s range of revolutionary products, has now joined our board. His huge experience in the dynamic, innovative world of the Internet will be of great assistance to us.”

– By: Omar Rana