MARANELLO, Italy - Ferrari has named Paolo Marinsek, 47, as managing director.
He was previously managing director of Comau, Fiat group's robot-making subsidiary.
He reports to Ferrari President Luca Cordero di Montezemolo and is responsible for the production car activities of both Ferrari and Maserati.
Ferrari was given management control of Maserati in July 1997.
Jean Todt, head of the Formula One racing team, and Antonio Ghini, director of communications, also report directly to Montezemolo.
Ferrari sold 3,581 units last year, 8.1 percent up on 1996. The company is expected to announce 1997 sales of L1.05 trillion-L1.10 trillion ($583 million-$611 million) up from L888 billion in 1996. Net profit is expected to jump from L12 billion in 1996 to about L40 billion.
Sales are expected to remain stable this year, while net profit is expected to make another improvement, Montezemolo said.
Ferrari confirmed that the F131 project, the replacement for the F355 family, will not be seen this year.
It will debut in spring 1999, with sales beginning in summer.
The new F1-style gear command on the F355 now accounts for 70 percent of orders. An updated 456GT - the 456M - will debut at the Geneva auto show.