Ferrari seeks to contain price rises-CEO

Newswire

MARANELLO, Italy, June 25 (Reuters) - Luxury sports car maker Ferrari will try to protect customers from rises in raw materials prices by cost controls, its chief executive officer said on Wednesday. "We will try to absorb the costs (of raw materials) through greater efficiencies," Amedeo Felisa told reporters after a presentation. Felisa added orders were holding up for the cars, which sell for upwards of 160,000 euros ($249,200). Asked by reporters if there had been any fall off in ...

Premium Content (PAID Subscription Required)

"Ferrari seeks to contain price rises-CEO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×