Ferrari 'Set for Record Year' as Sales and Profits Rise

Tuesday, 03 May 2016 - 12:57

Ferrari+%27Set+for+Record+Year%27+as+Sales+and+Profits+Rise

Ferrari said it was on course for a record 2016 after posting a rise in profits and sales for the first three months.

The Italian maker of sports cars, spun off from Fiat Chrysler Automobiles last year, sold 1,882 cars in the first quarter, up 15% on the 2015 period.

Profits rose 19% to 61.3 million pounds with sales in Europe, China, and the Middle East rising by double-digits.



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