$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 […]
$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 […]
$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 […]
