FEBRUARY 22, 2007

Ferrari doing fine

The Ferrari car company is doing very well financially at the moment, having just announced a profit of $240m for the last financial year, an improvement of 16% on last year's numbers. Turnover increased to $1.9bn thanks to the introduction of the F430, 612 Scaglietti and the 599 GTB Fiorano models with sales rising to 5671 cars. Sales in China doubled, helping to push up Asian sales by 15%.