NEWS: Rumors Fly Surrounding Ferrari's Future

December 9, 2008
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Fire up the rumor mill: speculation surrounding the economic well-being of the legendary Ferrari marque has been kicked into overdrive, thanks in part to a recent report issued by the British publication Autocar.
Autocar claims insiders suggest vehicle stocks have been building up at dealers around the world, though the company insists this isn't the case. Volumes, according to a Ferrari USA spokesperson, are on target with the firm's expectations, and cars aren't languishing at dealers as suggested.
The magazine claimed that F430 Spyder sales were hurt the most, which it suggested was due in no small part to the launch of the new California. Ferrari, however, says the downturn in Spyder sales is a typical, seasonal change, and isn't out of line compared to past years.
Another rumor point: an upcoming shut-down of the Maranello factory, which is expected to last from December 19th to January 7th. As opposed to a sign of falling sales or a pending layoff, Ferrari says the extended holiday is a "gift" to its employees, made possible by the way the holiday weekends fall into the calendar.
Source: Autocar
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