MILAN -- Ferrari cut its 2020 profit forecast due to disruption caused by the coronavirus pandemic, which it said would mainly hit second-quarter results.
MILAN -- Ferrari cut its 2020 profit forecast due to disruption caused by the coronavirus pandemic, which it said would mainly hit second-quarter results.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.