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Ferrari unveils concept F430 Spider Biofuel, capable of running on E85 ethanol.
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The alterations are good for an extra 10 hp, a 4% boost in torque and a 5% drop in carbon-dioxide emissions, while maintaining the same curb weight.
Biofuels are not Ferrari’s “final solution” to improving fuel economy in the face of stricter requirements soon to arrive in Europe and the U.S., Felisa says.
He declines to say whether turbocharging, downsized engines or gasoline direct injection factor into Ferrari’s future powertrain strategy, but Felisa admits the auto maker remains a long way from achieving its goal.
Even in the face of strict, new legislation, Ferrari remains boldly confident it will continue selling expensive, high-performance cars in the U.S., well beyond 2020.
“I believe there will always be space for a Ferrari, because no one will have the courage to keep a car like that out of the market,” Maurizio Parlato, president and CEO of Ferrari North America Inc., tells Ward’s.
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The U.S. represents Ferrari’s biggest market, making up 30% of global volume. Ferrari finished 2007 with a record 6,400 deliveries, a 14% increase over 2006.
Sales were up in the established markets of the U.S. and Western Europe, but not as significantly as in the developing regions of Eastern Europe, Asia and the Middle East. Ferrari sold 177 cars in China last year.
Brand loyalists had speculated Ferrari would unveil a smaller, less-expensive Ferrari in Detroit, but Felisa smiles and declines to take the bait.
“We always come with a new Ferrari in the future,” he says. “But if you say a small Ferrari, we always say ‘we don’t have in our plan a small Ferrari.’”
And while competitor Porsche AG has withdrawn as an exhibitor at this year’s NAIAS, Felisa says he anticipates Ferrari will be back again in 2009.
“The U.S. is our major market,” he says. “I think it’s important for us to be present in Detroit.”
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