Ferrari’s (NYSE:RACE) 812 Superfast Debuts in Thailand

Ferrari’s (NYSE:RACE) 812 Superfast Debuts in Thailand

Ferrari’s (NYSE:RACE) 812 Superfast Debuts in Thailand


This new Supercar bowed at Geneva earlier this year, and now Ferrari is now roll out the new 812 Superfast in markets around the world.

The latest to receive the front engine V12 Supercar is Thailand, where it was unveiled at the Impact Speed Park, a karting track along the Muang Thong Thani waterfront North of Bangkok.

“We are delighted to introduce the Ferrari 812 Superfast for the 1st time in Thailand to the media and Ferrari customers, after the global launch at the International Motor Show in Geneva earlier in February,” said Nandhamalee Bhirombhakdi, Managing Director of Cavallino Motors.

“The response from the media and customers to this car has been very positive and it is fast becoming one of the most popular models we have ever seen in Thailand.” Cavallino Motors is the official importer of Ferraris to Thailand, and has been recognized by the manufacturer for having one of the best showrooms in the world.

The Far East has grown into a vital market for exotic automakers like Ferrari, which has already introduced the 812 to prospective buyers in China, Japan, and South Korea.

Of the 4,335 vehicles Ferrari sold in 1-H of Y 2017, the Asia-Pacific region accounted for nearly 1,000.

While the Chinese market shrunk by 5 percent compared to last year, the rest of the region has experienced the biggest growth for the brand anywhere in the world.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 114.29  23 October 2017 -0.31 114.71 114.99 114.1 170,781
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (0.14) Neutral (0.24) Neutral (0.06) Neutral (0.12)

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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