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Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40. Speaking to CNBC on the sidelines of CONVERGE LIVE in Singapore, Ferrari CEO Benedetto Vigna said Ferrari remains on track for the landmark unveiling of its first fully electric car on Oct. 9.
Benedetto Vigna, CEO of Ferrari, discusses the impact uncertainty in the U.S. markets has had on business operations and its approach to tariffs.
“Ferrari is exclusive and inclusive,” Ferrari CEO Benedetto Vigna told CNBC's Robert Frank at CONVERGE LIVE in Singapore on Thursday. ➡️ Ferrari produces about 14,000 cars a year, resulting in a wait time of more than two years for delivery.
"We are watching what's going to happen in the next month, next weeks," said Ferrari CEO Benedetto Vigna at CONVERGE LIVE. "We are on the same boat in terms of tariffs.
M aranello (Italy), March 7, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that, following the accelerated bookbuild offering made by Exor N.V. on February 26, 2025, the Company participated in the offering by purchasing No. 666,666 common shares for a total consideration of 299,999,700 Euro (the “Transaction”).
To build a company that stands out, marketing experts all say one thing: "Branding is everything." Although creating an iconic brand is easier said than done, once achieved, it can have remarkable benefits for a business.
Maranello (Italy), March 5, 2025 - Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari”) announced today that it has published the agenda and the explanatory notes for the 2025 Annual General Meeting of Shareholders (“AGM”), which will be held on April 16, 2025 in Amsterdam, beginning at 9:00 a.m. CEST.
The sale of a multi-billion euro stake in Ferrari NV has set off a chain reaction in European equity markets, sparking a surge in block trade activity. The Agnelli family's strategic disposal, valued at €3 billion ($3.
Ferrari, following the accelerated bookbuild offering announced by Exor on February 26, 2025, intends to repurchase up to 10% of Exor's total offering up to a maximum of Euro 300 million This share repurchase is to be considered as a part of Ferrari's multi-year Euro 2.0 billion share buyback program as announced during our 2022 CMD. It will constitute the seventh tranche and it will be financed by Ferrari's cash on hand On February 20, 2025, Ferrari completed the sixth tranche announced on December 5, 2024 Maranello (Italy), February 26, 2025 – Ferrari N.V.
Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Oshkosh (OSK) or Ferrari (RACE). But which of these two stocks is more attractive to value investors?