Business / Corporate Reports

Ferrari reported best results ever in 2012

By Li Fangfang (chinadaily.com.cn) Updated: 2013-02-20 17:03

Italian automaker Ferrari released record figures for its business performance for 2012 despite the global economic turmoil.

The company's total revenue increased 8 percent to 2.43 billion euros ($3.25 billion), while net profit rose 17.8 percent to 244 million euros.

China, including the mainland, Hong Kong and Taiwan, remained the Italian brand's second-largest market in its four major regional markets — the United States, Europe, Greater China and Far East.

Ferrari sold 784 units of its sports cars in the Greater China region, 4 percent more than in the previous year, with almost 500 units going to mainland consumers.

 

Related Readings

Ferrari: Torrid pace in sales growth continues

Ferrari recalls 16 vehicles in China

Ferrari recalls 56 cars

Ferrari apologizes for drifting on ancient wall

Ferrari stunt on ancient site stirs anger

 

Hot Topics

Editor's Picks