Ferrari earns €32,000 per car . . .
02-21-07, 08:11 AM
#1
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Ferrari earns €32,000 per car . . .
Posted on Wednesday 21 February 2007
Ferrari’s financial results for 2006 were released this week, with profits up a significant 16.6% over its 2005 result. Each of Ferrari’s three main business divisions - road cars, competition cars and brand development - achieved positive results, bringing in €1,447 million in revenues. Final profits totalled €183 million, which equates to earnings of just over €32,000 for every one of the 5,671 Ferraris sold. Note that a bulk of Ferrari’s sales command a significant price hike over the recommended retail price due to their limited supply.
Unlike Porsche, which earns a significant portion of its income from its investment in Volkswagen Group, the bulk of Ferrari’s money comes from the sales of its cars. However, it does earn some revenues from its own brand development activities including licensing contracts and the expansion of its retail programme. There are now a total of 13 Ferrari Shops across the globe. It’s little surprise that Ferrari’s parent Fiat wants to increase its 56% stake in the supercar brand to 85%.
Via: Autoblog.nl
Ferrari’s financial results for 2006 were released this week, with profits up a significant 16.6% over its 2005 result. Each of Ferrari’s three main business divisions - road cars, competition cars and brand development - achieved positive results, bringing in €1,447 million in revenues. Final profits totalled €183 million, which equates to earnings of just over €32,000 for every one of the 5,671 Ferraris sold. Note that a bulk of Ferrari’s sales command a significant price hike over the recommended retail price due to their limited supply.
Unlike Porsche, which earns a significant portion of its income from its investment in Volkswagen Group, the bulk of Ferrari’s money comes from the sales of its cars. However, it does earn some revenues from its own brand development activities including licensing contracts and the expansion of its retail programme. There are now a total of 13 Ferrari Shops across the globe. It’s little surprise that Ferrari’s parent Fiat wants to increase its 56% stake in the supercar brand to 85%.
Via: Autoblog.nl
don't want the whole porsche profit mis-calculation here 
02-21-07, 09:33 AM
#4
We all know that you don't pay a high price tag for the car alone. You're paying for the badge and exclusivity. That's a pretty big premium for the badge alone, but hey, Ferraris wouldn't be dream cars if there's half a dozen lying around in every neighborhood...
02-21-07, 09:46 AM
#6
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You do the math . . .
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OK I guess.
02-22-07, 11:14 AM
#13
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They are HEAVILY backed by the state and and they are a part of non publicly traded Fiat group. EU have been pressuring Italy to give up on total ownership over Ferrari for quite some time. I think they privatized the small portion of it though but I am not sure
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