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Purosangue

All articles tagged with #purosangue

automotive2 years ago•4 min saved

Ferrari Purosangue: The Ultimate Dream Drive Unveiled in Qatar

Ferrari's Purosangue, dubbed "the first four-door, four-seater Ferrari," is a high-performance vehicle that defies the SUV label. With a starting price of $400,000, the Purosangue features a 7.5-liter V-12 engine, sleek design, and advanced suspension system. While some Ferrari enthusiasts criticize the interior and engine sound, the car has attracted new buyers and is sold out for the next two years. Despite the debate over its classification, the Purosangue is considered a success for Ferrari.

via CNBC|

#automotive #ferrari #luxury

business3 years ago•1 min saved

Ferrari's Purosangue SUV Generates Strong Demand and Impressive Earnings.

Ferrari's first four-door model, the Purosangue SUV, has exceeded expectations and is sold out until 2026. The $400,000 luxury SUV comes standard with a 715 horsepower V12 engine. Ferrari's overall sales were up 10% from the same quarter last year to 3,567 vehicles, with a 27% increase in first-quarter profits. However, new orders for the Purosangue will not be filled until 2026, while the rest of the Ferrari lineup is sold out until 2025. Ferrari CEO Benedetto Vigna reiterated a pledge to restrict Purosangue production to 20% of the brand's overall sales to maintain its exclusive image.

via Fox Business|

#business #ferrari #luxury-cars

business3 years ago•2 min saved

Ferrari's Profits Soar on Strong Deliveries and Pricing.

Ferrari's Q1 profit surged 24% to €297m ($328.8m) on a 10% increase in shipments, driven by high demand for its latest models, including the Portofino M convertible, the 296 GTB hybrid sports car, and the 812 Competizione. The company's order book already extends into 2025, and it has reopened orders for its upcoming Purosangue, a V12-powered SUV-like model with a starting price of about $400,000. Despite the better-than-expected quarter, Ferrari maintained its prior full-year guidance, expecting revenue of about €5.7bn in 2023, with adjusted earnings per share between €6 and €6.20.

via CNBC|

#business #demand #ferrari