Arab Today, arab today ferrari boasts record results for 2011
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Ferrari boasts record results for 2011

Arab Today, arab today

Arab Today, arab today Ferrari boasts record results for 2011

Milan - AFP

Italy\'s luxury carmaker Ferrari announced record results for 2011 on Friday, with revenues exceeding two billion euros ($2.63 billion) for the first time, despite the widespread economic crisis. \"The year ended with extremely positive results that were in certain instances unprecedented in Ferrari\'s history,\" the company said in a statement. Revenues reached 2.251 billion euros, up 17.3 percent, while a record 7,195 cars were sold, up 9.5 percent on the previous year\'s figure, it said. Ferrari, which is owned by the autogiant Fiat, sold 6,573 cars in 2010 for revenues of 1.919 billion euros. \"We can only be satisfied with these results,\" the head of the famous sportscar brand Luca di Montezemolo was quoted as saying. \"They were achieved against an economic backdrop that remains challenging, particularly in Europe,\" he added. The company said it achieved record sales in 2011 in America and in the Greater China Area -- which has become Ferrari\'s second largest market -- while it also performed well in the Middle East, with a 22 percent increase in sales. Demand was also up in Britain, Germany and Switzerland in particular. \"Our international expansion continues and Ferrari today has a network covering 58 nations,\" he said. Montezemolo said a new 12-cylinder model would be unveiled at a show in Geneva in March, which he described as \"a revolutionary new car that delivers extreme performance and unprecedented power output.\"  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ferrari boasts record results for 2011 Arab Today, arab today ferrari boasts record results for 2011

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ferrari boasts record results for 2011 Arab Today, arab today ferrari boasts record results for 2011

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday