Fiat posted a 9.1% growth in profits in the first quarter of 2011 thanks to Ferrari
Italy-based automaker Fiat S.p.A. recorded a 9.1 percent growth in profits in the first quarter of 2011, with the profitability of its Ferrari brand and the strong demand in Brazil... Read more
Ferrari confirms that its year-on-year profits and sales are down
For the third quarter of 2009, Ferrari may have grown its market share but its year-on-year profits and sales are down. Ferrari recorded revenues of 396 million euros, down from 450... Read more
Ferrari shows profit in the first quarter of this year
Ferrari posted a $72 million profit for the first quarter of this year even with falling sales, a remarkable achievement considering the current economic state of affairs. The profit... Read more
Financial crisis hits Ferrari! Montezemolo denies it!
It is denied by Ferrari that it has been affected by the current global financial downturn, although it is in the process of laying off this week alone about 10 percent of its workers.... Read more
Ferrari shows profit despite the economic crisis
After Ferrari experienced a record profit for the first quarter the economic crisis and tightening credit markets put a stopper on the car business and halted what was supposed to be a... Read more
“Everything is ok!” says Ferrari regarding its financial crisis
Just recently, the Italian car manufacturer denied reports concerning it economical instability, insisting that besides operating within its anticipated limits, everything is going... Read more
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