Ferrari (NYSE:RACE) Joins European Auto Lobby ACEA

Ferrari (NYSE:RACE) Joins European Auto Lobby ACEA

$RACE Iconic Italian luxury Supercar maker, Ferrari (NYSE:RACE) has become the latest manufacturer to join the European carmakers’ association (ACEA), the auto lobby said Tuesday. ACEA represents manufacturers of passenger cars, vans, trucks and buses with production sites in the EU and provides benchmark data on vehicle registrations. Ferrari’s membership took effect on 1 January, following […]

Ferrari (NYSE:RACE) Looking Ahead: Too Early to Think About Lewis Hamilton ‘wearing Red’

Ferrari (NYSE:RACE) Looking Ahead: Too Early to Think About Lewis Hamilton ‘wearing Red’

$RACE Ferrari (NYSE:RACE) team Boss Mattia Binotto says that Ferrari needs 2 experienced drivers for Y 2021. One is in the fold, the other might be on another team in Y 2020. In December, the team announced that Charles Leclerc’s current contract has been extended for 2 more years, taking his deal to the end […]

Ferrari (NYSE:RACE) The Future of Supercars Aligned with the Past

Ferrari (NYSE:RACE) The Future of Supercars Aligned with the Past

$RACE Ferrari (NYSE:RACE) Chairman John Elkann said at the annual Concours d’Elegance event in Pebble Beach, California, that Ferrari will continue to expand its GT car lineup. However, it will be limited and not compete with the annual sales volume of Germany’s Porsche. Ferrari had strong financial results in Q-2 of Y 2019, as the company recently announced its […]

Ferrari (NYSE:RACE) to Introduce New GT Car in November

Ferrari (NYSE:RACE) to Introduce New GT Car in November

$RACE The unveiling of a new Ferrari (NYSE:RACE) Supercar is good reason car fans to celebrate. Ferrari has announced that it will be expanding the offerings it has for easier-to-drive GT (grand touring cars). Word of the new GT offering came from Ferrari Chairman John Elkann at Pebble Beach Saturday. The executive also hinted that […]

Ferrari (NYSE:RACE) Will Continue to Limit Supercar Production

Ferrari (NYSE:RACE) Will Continue to Limit Supercar Production

$RACE Italy’s iconic luxury Supercar maker Ferrari NV (NYSE:RACE) will not expand production GT cars, and will not chase rival Porsche’s annual sales volume, Ferrari Chairman John Elkann told a group of classic car enthusiasts gathered the Pebble Beach Concours d’Elegance this weekend. He reiterated that Fiat Chrysler Automobiles ((NYSE:FCAU), of which he is also […]