Lamborghini’s CEO disclosed that 2024 witnessed the first decline in the global high-end luxury market in years, with an estimated 8% slowdown
Italian luxury automaker
Latest in Italian luxury automaker
Automakers
Video: The rise of Ferrari
In May 2020, Italian supercar maker Ferrari soared to a $30 billion market value, beating the top three major US automakers. Compared to GM, Ford, and Fiat-Chrysler, Ferrari is a small carmaker known for limiting production and only makes about 10,000 units per year.
Ferrari
Car Review: Is the $200,000 Ferrari Portofino worth it?
Strong sales of the model led to a 14 percent rise in Ferrari’s Q1 earnings, boosting its shares by 5.7 percent
