Ferrari triples Q2 profit before outsider CEO takes helm

Ferrari says the 296 GTB's short wheelbase and monolithic, sculpted structure gives the car an extremely compact line. — The 296 GTB, shown, is the second plug-in hybrid from Ferrari after the SF90 Stradale, launched in 2019

By:

Bloomberg

August 02, 2021 12:12 PM

MILAN -- Ferrari maintained stable profitability before the supercar maker installs an executive little known within the auto industry to raise the company's game in electrification and software.

Featured Stories

Trump floats exceptions for auto parts facing 25% U.S. tariffs

Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane

Who are the auto winners from Trump’s tariffs? It’s not that simple

Tariffs could push up new-vehicle prices, testing limits of affordability

Latest News

Tariffs, soft demand derail Mini plans to send 2 EVs to U.S. from China

Stellantis investors protest $26 million payout for ex-CEO Carlos Tavares

Stellantis faces class action in Italy over faulty Takata airbags

Daily 5 report for April 14: Is anyone benefiting from tariffs?

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Automotive News Europe Congress panel: A Bumpy Road to Electrification

GM to idle CAMI BrightDrop plant in Ontario for 5 months

Take a look at how tariff stacking impacts vehicles and parts

EU, China explore minimum prices for Chinese EVs to replace tariffs

Staying current is easy with newsletters delivered straight to your inbox.