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.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Joined:
    Apr 10, 2007
    Messages:
    943
    Location:
    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
     
    Bavarian Motorist, Feb 14, 2008
    #1
  2. Alex1015

    Alex1015 Formula Junior

    Joined:
    Sep 1, 2005
    Messages:
    949
    Location:
    USA
    The theme park and officially licensed telescope, computer, segway, binoculars, etc. probably help as well :(
     
    Alex1015, Feb 14, 2008
    #2
  3. Texas Forever

    Texas Forever Eight Time F1 World Champ BANNED Rossa Subscribed

    Joined:
    Apr 28, 2003
    Messages:
    85,600
    Location:
    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
     
    Texas Forever, Feb 14, 2008
    #3
  4. Ken

    Ken F1 World Champ

    Joined:
    Oct 19, 2001
    Messages:
    16,078
    Location:
    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
     
    Ken, Feb 14, 2008
    #4
  5. jk0001

    jk0001 F1 Veteran

    Joined:
    Oct 18, 2005
    Messages:
    6,706
    Location:
    Sun Coast
    Full Name:
    Jim
    That 100 million for the constructors and world championship helped out too
     
    jk0001, Feb 14, 2008
    #5
  6. 285ferrari

    285ferrari Two Time F1 World Champ Sponsor

    Joined:
    Sep 11, 2004
    Messages:
    20,958
    Location:
    MD and NE
    Full Name:
    Robbie
    Don't forget about the cologne and bodywash!!! Who wants to SMELL like a Ferrari is beyond me..
     
    285ferrari, Feb 14, 2008
    #6
  7. solofast

    solofast Formula 3

    Joined:
    Oct 8, 2007
    Messages:
    1,773
    Location:
    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....
     
    solofast, Feb 14, 2008
    #7
  8. Bullfighter

    Bullfighter Two Time F1 World Champ Lifetime Rossa Owner

    Joined:
    Jan 26, 2005
    Messages:
    22,599
    Location:
    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.
     
    Bullfighter, Feb 14, 2008
    #8
  9. Bavarian Motorist

    Bavarian Motorist Formula Junior

    Joined:
    Apr 10, 2007
    Messages:
    943
    Location:
    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
     
    Bavarian Motorist, Feb 14, 2008
    #9
  10. solofast

    solofast Formula 3

    Joined:
    Oct 8, 2007
    Messages:
    1,773
    Location:
    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...
     
    solofast, Feb 14, 2008
    #10
  11. Bavarian Motorist

    Bavarian Motorist Formula Junior

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

    Yeah, and they could easily charge boat loads of money :p
     
    Bavarian Motorist, Feb 15, 2008
    #11

Share This Page