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Ferrari Posts Sales Record In 2011

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On: Wed, Feb 22, 2012 at 1:17PM | By: Chris Weiss


Ferrari Posts Sales Record In 2011

It's a good time to be rich. While the rest of the country struggles with a down, unstable economy and bulging unemployment rates, the rich appear to be doing quite well. At least if auto sales are any indication. Ferrari joins other premium automakers like Bentley and Rolls Royce in reaching (respectively) huge sales levels in 2011.

Ferrari sold 7,195 models in 2011- actually quite close to Bentley's 7003 sales. That number represents a 9.5 percent increase from 2010 levels and a new sales record. Ferrari's revenues of 2.251 billion euros ($2.95 billion) also set a record, spiking 17 percent. Ferrari says that it saw significant growth in the Chinese, US, German and British markets.

We'll leave the rest of the financials to Ferrari's number geeks. Of more interest to car fans is the upcoming debut of the 599 replacement, which will be called the F620. Ferrari Chairman Luca di Montezemolo teased the car, saying: "We now have a complete range of models which will be joined in a few days’ time at the Geneva show by a new 12-cylinder. A revolutionary new car that delivers extreme performance and unprecedented power output."

The F620 will rely on an upgraded version of the FF's 6.3-liter V-12. It's expected to put out just over 700 horses. That engine will do work in conjunction with a seven-speed dual-clutch gearbox.

We'll get to see the F620 and get all those exciting details in a couple weeks. The Geneva Motor Show opens to the press on March 6.




Comments

reply

Stephy21 | 11:59AM (Thu, Feb 23, 2012)

You would never think that Ferrari would be up their in the running's with Bentley and Rolls Royce but they sure did it.


reply

Sami18 | 12:07PM (Thu, Feb 23, 2012)

This is great news for Ferrari, lets see how well they do this year.



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