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SIAP: Ferrari worth more than Ford and GM

Discussion in 'General Automotive Discussion' started by JRE, May 5, 2020.

  1. JRE

    JRE Karting

    Mar 1, 2020
    67
    So Far Away From Home Lost In Hollywood
    Full Name:
    James
  2. MalcQV

    MalcQV F1 Rookie
    Silver Subscribed

    Oct 11, 2004
    3,207
    Manchester, UK
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    Malc Holden
    Interesting. Also interesting is their factories.. :eek::D
    "The company also restarted its factories in Maranello and Modena on Monday"
     
    JRE likes this.
  3. Aaya

    Aaya F1 Veteran
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    Jul 12, 2007
    8,121
    Full Name:
    Wu Tsai
    Makes sense. The typical Ford buyer is going to be hurt long term by these government mandated economic shutdowns, the Ferrari buyer won't be hurt (in aggregate). Ford depends on the auto-loan bubble, Ferrari doesn't. The pool of available Ford buyers is shrinking, the pool of available Ferrari buyers is growing. Go long on luxury the next few years.
     

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