Ferrari boss confirms hybrid Enzo replacement in 2012
The main purpose of the recent business statement which served to confirm the Ferrari hybrid Enzo replacement was to announce the results for the first quarter of 2012. Ferrari pulled in revenue of $715+ million US Dollars and net profit of $54.1 million USD through the first three months of 2012 while moving 1,733 new vehicles. This accounted for year over year gains (compared to Q1 2011) of 13.2% in revenue, 17.2% in net profit and 11.5% in vehicles delivered. In addition, the company saw growth of 16% in the US, 31% in the UK, 24% in Germany and 23% in the Middle East – with the company statement giving a special nod to the US market as the company’s “most important market”. The company also saw a 10% increase in “brand activities”, which includes things like licensing and other forms of income that are not directly based on the sale of vehicles.