Record sales posted by Ferrari for first half of 2012 image

The Italian based automaker Ferrari has announced record sales for the second half of 2012, an increase of 11.9 percent compared to the first half of last year.

The Maranello company is doing well these days and even if the financial crisis is having a last word after all in all domains especially across the Old Continent, the car manufacturer has posted record sales for the first half of 2012. According to the car manufacturer, Ferrari has seen an increase of 11.9 percent in sales in the first half of this year compared to the same period of 2011.

“These results, achieved against a still highly challenging international economic backdrop, are first and foremost a reward for our constant and significant investment into technological innovation. The completely new rang we are now in a position to offer clients across the globe means we can look forward to ending 2012 having improved still further on last year’s financial performance”, said Luca di Montezemolo, Ferrari’s chairman.

Ferrari has managed to sell a total of 3,664 road legal cars in the first half of 2012, representing a 7.4 percent increase over the same period of last year and the company pocketed 152.2 million euros from trading profits, while the net profit has increased by 10 percent, to 100.8 million euros. In the United States, Ferrari’s sales have increased by 17 percent and this is the company’s biggest single market. In China, Hong Kong and Taiwan, 400 orders have been received, a 10 percent increase.