Ferrari hits record profits in 2007 | FerrariChat

Ferrari hits record profits in 2007

Discussion in 'Ferrari Discussion (not model specific)' started by Bavarian Motorist, Feb 14, 2008.

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  1. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Apr 10, 2007
    943
    Westchester/NYC
    Full Name:
    Mike
    Did anyone see this?


    http://www.edmunds.com/insideline/do/News/articleId=124787





    Looks like Ferrari is cashing in on the globally astronomical demand for the cars :p Doesn't hurt that they sold 6400 cars either :D
     
  2. Alex1015

    Alex1015 Formula Junior

    Sep 1, 2005
    949
    USA
    The theme park and officially licensed telescope, computer, segway, binoculars, etc. probably help as well :(
     
  3. Texas Forever

    Texas Forever Eight Time F1 World Champ
    BANNED Rossa Subscribed

    Apr 28, 2003
    85,600
    Texas!
    I realize that a lot of you don't like the "new Ferrari," but you have to give Luca credit. Making a 16+% profit on operations is damn good for a manufacturer.

    Dale
     
  4. Ken

    Ken F1 World Champ

    Oct 19, 2001
    16,078
    Arlington Heights IL
    Full Name:
    Kenneth
    This doesn't bode well for FNA getting any more warm and fuzzy. To paraphrase Lilly Tomlin about the phone company:

    "We don't care. We don't have to. We're Ferrari."

    Ken
     
  5. jk0001

    jk0001 F1 Veteran

    Oct 18, 2005
    6,706
    Sun Coast
    Full Name:
    Jim
    That 100 million for the constructors and world championship helped out too
     
  6. 285ferrari

    285ferrari Two Time F1 World Champ
    Sponsor

    Sep 11, 2004
    20,958
    MD and NE
    Full Name:
    Robbie
    Don't forget about the cologne and bodywash!!! Who wants to SMELL like a Ferrari is beyond me..
     
  7. solofast

    solofast Formula 3

    Oct 8, 2007
    1,773
    Indianapolis
    If the average WHOLESALE price per car was $200k (a bit more 430's than GTB's), then the total from sales of cars would be about 1.3 billion..

    add .1 bill for constructors money...

    To make up the other billilon, that's a lot of spare parts, "t" shirts, key fobs, and other junk with the Prancing Horse on it.... Probably "easy" money because it comes from license fees, other than writing a contract, no overhead.....

    Net result is that Ferrari makes almost as much money selling the name as they do selling cars....

    Nice work if you can get it....
     
  8. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,596
    Gates Mills, Ohio
    Full Name:
    Jon
    I'm hopeful (or maybe just naive) that the Classiche program is a sign that Ferrari will take a page from the Mercedes book and be more supportive of its older cars.
     
  9. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Apr 10, 2007
    943
    Westchester/NYC
    Full Name:
    Mike

    Like a wise man once said, "Just because it's sunny doesn't mean you should throw away your umbrella."



    Or something to that effect :p
     
  10. solofast

    solofast Formula 3

    Oct 8, 2007
    1,773
    Indianapolis
    Fat chance... They are in it for the money..

    They see that the restoration community has been making a fortune restoring these cars, and they have the capability to do it better than anybody else. If they kept the prints for all these old parts, they can make parts for them easier and better than anybody else and with the ability to farm out the work to smaller shops they can make big money on it...
     
  11. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Apr 10, 2007
    943
    Westchester/NYC
    Full Name:
    Mike

    Yeah, and they could easily charge boat loads of money :p
     

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