Ferrari ups 2022 forecast after record second-quarter orders

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The carmaker’s shipments in the April-June quarter rose 4%, with deliveries more than doubling in China

The Ferrari logo is seen at the company's headquarters in Maranello, Italy. File photo: REUTERS/GUGLIELMO MANGIAPANE

The Italian company, famed for its roaring engines powering supercars with price tags starting at over €200,000 , in June rolled out its new business plan, with a promise to make electric and hybrid cars 80% of it models by 2030. The carmaker said hybrid models made up 17% of its shipments in that period, when first deliveries started for the €275,500 296 GTB, which added to the SF90 Stradale, the company’s first hybrid car.

“The quality of the first six months and the robustness of our business allows us to revise upward the 2022 guidance on all metrics,” CEO Benedetto Vigna said in a statement.“Also, the net order intake reached a new record level in the [second] quarter,” added Vigna, who took charge of Ferrari last September.

 

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