Italy's Ferrari announces 15 new cars in 5-year business plan

MARANELLO - Italian luxury automaker Ferrari would put 15 new cars on the market by 2022, including hybrid models that would concern up to 60 percent of its production, the company revealed on Tuesday.

The announcement came during the company's Capital Markets Day held at its headquarters here in Maranello, as part of the 2018-2022 business plan unveiled by Ferrari's new Chief Executive Officer Louis Camilleri.

The new product range will include four sections, namely Sports Cars, Gran Turismo (GT), Special Series, and a new strictly limited line called "Icona" (Icon) inspired by Ferrari's most iconic models from the 1950s and 1960s yet featuring the best Formula 1 technology.

The two first models in the Icona section -- called Monza SP1 and Monza SP2 -- were indeed unveiled during the day.

The shipments will be around 9,000 this year -- up from some 8,340 in 2017 -- but Camilleri said it would expand its production beyond the 10,000-cap by the end of the plan.