Ferrari plans 15 new models until 2022 «

The Italian manufacturer of luxury cars will depend on hybrid vehicles in the future. The targets for the current year have been adjusted upwards.

14.07, 18 September 2018

© AP

The Italian luxury car brand Ferrari plans to launch 15 new models in various car segments between 2019 and 2022. This was shared by the boss of Ferrari Louis Camilleri at the presentation of the new development plan until Tuesday 2022 in Maranello with. Ferrari will rely mainly on hybrid vehicles.

By 2022, Ferrari expects a turnover of more than five billion euros and income before interest, taxes and depreciation between 1.8 and 2 billion euros. The targets for the full year 2018 have been revised upwards. Ebitda would exceed 1.1 billion euros this year. It is expected that more than 9,000 vehicles will be sold by the end of the year, while net debt is expected to fall from 400 million to 350 million.

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