Catch some concepts at the New York Auto Show!

Ferrari and Maserati report record quarter



The auto industry may be mired in tough times at the moment, but the sales downturn here in the States doesn't seem to be bothering Ferrari and Maserati. Ferrari sales were up 4% year over year to 1,654 units, due in part to outstanding sales of its 612 Scaglietti and 599 GTB Fiorano. Brisk sales of the hot Italian supercars led to a 20% increase in revenue over last year's record numbers, to 456 million euro. It never hurts when you have an 18-month backlog of buyers that are waiting patiently for their Italian Stallion, and new models are on the way to potentially boost sales further.

Maserati has also seen a resurgence in sales, with a 21% improvement in year over year sales to 2,234 units for the quarter. While Maserati made a profit of 10 million euro for the quarter, which sounds lousy until you consider the famed Italian automaker was in the red for 17 straight years until 2007. While the Italian automaker has a checkered past with regards to sales and earnings performance, the gorgeous GranTurismo and a steady backlog of customers translates into good times for quite a while at Maserati.

[Source: Automotive News - Sub. Req.]

Related Headlines

Subscribe to these comments

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br> tags.

Please note that gratuitous links to your site are viewed as spam and may result in removed comments.

New Users

Current Users


Autoblog Features





Featured Galleries

Lamborghini Reventon unboxed in Las Vegas
Hennessey Venom 1000TT SRT Coupe
Mazda Biante
Porsche Baby Cayenne - spy shots
BringBacktheSHO Concept V2
2009 BRABUS SL
Corvette ZR1 on the 'Ring - spy shots
Devil May Care: Bentley Special Series Edition
Mercedes-Benz SL 63 AMG Edition IWC
Inside Line Challenger SRT8 road trip
Ford Mondeo Titanium X Sport
Dodge

 

Find Your Next Car


Sponsored Links

Autoblog bloggers (30 days)

#BloggerPostsCmts
1Damon Lavrinc10621
2John Neff888
3Noah Joseph690
4Jeremy Korzeniewski490
5Chris Shunk491
6Alex Nunez4830
7Jonathon Ramsey471
8Michael Harley315
9Dan Roth307
10Sam Abuelsamid3011
11Sebastian Blanco211
12Drew Phillips192
13Chris Tutor120
14Merritt Johnson120
15Justin Gardiner60
16John McElroy30
17Frank Filipponio31

Weblogs, Inc. Network