Ferrari mixes sport with power in new Spider and GTS models via ReutersTV
MARANELLO, Italy - Italy’s Ferrari RACE.M showed off two new cars on Monday as it pursues an aggressive roll-out of new premium models to sustain turbo-charged core earnings and share price growth.
“It is less extreme than the 488 Pista Spider, but sportier than the 488 Spider which it replaces in the range,” Ferrari said of the F8 Spider, with a 720-horse power 3.9 liter eight-cylinder mid-rear mounted engine and retractable hard top. The average sales price for a Ferrari stood at around 274,000 euros last year, including spare parts, a calculation based on financial data from the company shows.One more launch is expected by the end of the year to take the total to five in 2019, including the F90 Stradale, Ferrari’s first hybrid car to be widely produced.
Ferrari's Chief Design Officer Flavio Manzoni attends a press conference to present two new Ferrari models at company's headquarters in Maranello, Italy, September 9, 2019. REUTERS/Flavio lo Scalzo Elkann said that Ferrari, which shipped fewer than 10,000 cars last year, would not try to chase German rival Porsche which makes more than 250,000 sports cars and SUVs annually.
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