Ferrari Reports Sales Record for 2007

Ferrari reported its 2007 sales worldwide grew 14 percent in 2007 compared with 2006, to about 6,400 cars. It was a record result for Ferrari.

Company executives said sales were especially robust in emerging markets. In the Asia-Pacific region sales grew by 50 percent, in the Middle East by 32 percent.

In 2007, Ferrari also created a U.S. branch of its financial services unit and invested significantly in its facilities. The company plans to invest $30 million in its facilities this year.

Posted by Michelle Krebs at 7:05 AM under Companies | Comments (0) | digg this | Seed Newsvine

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