Ferrari (NYSE:RACE) to Launch 15 New Models by 2022

Ferrari (NYSE:RACE) to Launch 15 New Models by 2022

Ferrari (NYSE:RACE) to Launch 15 New Models by 2022


  • Ferrari confirmed the development of a new V6 hybrid powertrain

Ferrari (NYSE:RACE) is planning a huge model line up in the next few years. During an investors meeting this week outlining its future plans, the automaker announced it will launch 15 new models by Y 2022 under the guidance of CEO Louis Camilleri, including the company’s 1st ever hybrid FUV.

According to presentation around 60% of new Ferrari models will feature hybrid technology. Part of this line-up will include a new V6 hybrid powertrain, which Ferrari confirmed is currently in development. It will likely be used in the new entry-level model that may carry the Dino badge.

Purists not to worry

Ferrari will produce naturally aspirated V12 Supercars and ultra-exclusive Limited Editions like the Monza SP1 and SP2 showcased at a private event at Maranello Tuesday and featured here in a company video presentaton.

Based on the 812 Superfast, both cars are the work of Ferrari’s Special Projects division and are inspired by vintage Ferrari race cars like the Monza and 250Testarossa.

Pricing details for the SP cars will be revealed at the Paris Auto Show.

I expect, like with previous Special Edition Ferraris they will probably command a price exceeding 7 figures and have likely all been sold to the exclusive list of Ferrari collector clienti. The SR LE cars will be produced in editions of 500 each only.

The average retail price of Ferrari’s new models will also increase “significantly” according to Ferrari’s head of sales, Enrico Galliiera, with the aim to 2X profits from $1.16-B to $2.38-B by Y 2022. Plus, the new Ferrari FUV (sports utility vehicle) will help significantly boost the Maranello Outfit’s profits, too.

Ferrari is the Aristocrat of the automotive sector and its demand always out strips supply maintaining the luxury brands exclusivity and valuations.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 135.23 19 September 2018 -3.09 136.9 137.41 135.12 554,174
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.30) Bullish (0.31) Bullish (0.36) Neutral (0.22

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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