Ferrari 296 GTS priced at INR 6.24 cr unveiled in India
The 296 GTS redefines the whole concept of fun to drive, guaranteeing pure excitement not just when pushing the car to maximum performance, but also in everyday driving.
The 296 GTS redefines the whole concept of fun to drive, guaranteeing pure excitement not just when pushing the car to maximum performance, but also in everyday driving.
The pacts cemented John Elkann's position as Gianni Agnelli's chosen successor and effectively took his mother Margherita out of the equation.
Vigna had previously welcomed a European Union decision to exempt cars that run on e-fuels from its planned 2035 phase-out - or 2036 for so-called small volume manufacturers like Ferrari - of combustion engine vehicles.
The Italian luxury sportscar maker said it was reopening orders for the Purosangue four-door, four-seater, which had been suspended due to initial "unprecedented" demand.
The so-called Ferrari Energy Community should be completed by December and is expected to have an annual average production capacity of about 1,500 megawatt hours (MWh). Local citizens, institutions, commercial activities and factories will also be allowed to link up to the solar plant, Ferrari said on Tuesday.
Times have indeed changed. In 2018, the same Ferrari model became the most expensive car ever sold when it fetched USD 48 million at auction. Last year, that record was flattened by a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe that raced to 135 million euros (USD 149 million).
Ferrari has promised a total of 15 new models between 2023 and 2026, including its first full-electric car, which Elkann reiterated on Friday is expected in 2025. The company has said that, while pursuing electrification, internal combustion engine (ICE) cars will still be part of its range for some years.
The decision would give the luxury Italian carmaker "greater freedom on the production scheme", CEO Benedetto Vigna told a Reuters newsmaker event. Ferrari, which is renowned for its powerful petrol engines, is already producing plug-in hybrid cars and has promised its first full-electric vehicle for 2025.
Wages will increase by a further 4.5% from January next year. Workers will also receive a one-off sum totalling 600 euros (USD 632), including benefits, to be paid in three tranches this year, UILM and FIM-CISL unions said in statements, setting out the deal.
Red Bull also clinched a dominant 1-2 with Sergio Perez finishing second while 41-year-old Fernando Alonso took a brilliant third place - and claimed a 99th career podium - on a stunning race debut for Aston Martin.
The announcement comes two weeks after Pirelli's largest investor, Chinese state-owned group Sinochem, denied reports it was considering selling its 37% stake in the company that manufactures tyres for high-end carmakers such as Ferrari, Porsche and BMW, and is the sole supplier of those for Formula One.
Italian tyremaker Pirelli said it expects revenues this year of some 6.6-6.8 billion euros, at least in line with the better-than-expected figure for 2022.
While speaking at Ferrari’s Maranello headquarters with Bloomberg News, Vigna said that Tesla accelerated change in the auto industry, and he also revealed what he learned from the EV maker.
The Ferrari Challenge, which is the Prancing Horse brand’s one-make championship that started in 1993 and features Ferrari 488 Challenge Evo cars, will have its final two rounds for the 2022 season during Ferrari Racing Days.
The manufacturer originally intended to call it the 901 -- but Peugeot had already laid claim to all the three-digit numbers with a zero in the middle, prompting Porsche to settle for 911.
Despite its size and weight, Ferrari CEO Benedetto Vigna prefers to describe the four-door, four-seat Purosangue, which has a top speed of over 310 kph (190 mph), as a versatile sports car, rather than an SUV.
Ferrari North America has recalled 23,555 cars owing to a potential brake issue that could lead to a brake failure and result in a mishap.
Ferrari, based in the northern Italian city of Maranello, raised its net revenue forecast to 4.9 billion euros, from 4.8 billion euros, and set 1.7 billion as the lower end of the range, instead of the upper, for adjusted earnings before interest, taxes, depreciation and amortisation.
According to a source familiar with Ferrari's business plans, a new production line focused on electric vehicles (EVs) should help lift annual production at its plant in Maranello, Italy, by more than 35% to over 15,000 cars by 2025 versus 11,155 in 2021 - or 65 cars per day versus 46 currently - delivering higher profit margins in the process.
Amongst today’s Teslas and electric Porsches, Ferrari seems to have arrived late to the electric bandwagon. However, CEO Benedetto Vigna recently announced that Ferrari will invest USD 4.6 billion into developing fully-electric and plug-in hybrid models, that are expected to make up 60 per cent of its portfolio by 2026.
Name | DIN | Designation | Date of joining | |
---|---|---|---|---|
Germain Araud | Unlock to View | Unlock to View | Director | 21 Jan,2016 |
Arun Madappallath | Unlock to View | Unlock to View | Director | 21 Jan,2016 |
Sebastien Louis Ferrari | Unlock to View | Unlock to View | Director | 21 Jan,2016 |
Philippe Georges Brun | Unlock to View | Unlock to View | Director | 21 Jan,2016 |
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