- Business
- Ferrari N.V. (Ticker: 2FE.DE) designs, manufactures, and sells luxury performance sports cars and SUVs worldwide. The company offers a range of high-performance vehicles including the 12 Cylinder model series such as the 812 Competizione and 812 GTS, the V12 Grand Turismo lineup with the 812 Superfast and 812 GTS, the V6 model series featuring the F8 Tributo and SF90 Stradale hybrids, and SUVs like the Purosangue; it also provides engines for Formula 1 racing, limited-edition hypercars such as the LaFerrari and Monza SP1/SP2, and lifestyle merchandise including apparel, accessories, and collectibles through Ferrari Stores. Ferrari operates in the premium automotive segment, targeting affluent enthusiasts, collectors, and racing teams, with global sales across Europe, North America, Asia-Pacific, and other regions; founded in 1947 and headquartered in Maranello, Italy, it maintains exclusivity through limited production volumes and a selective dealer network. Recently, in 2024, Ferrari launched the new 12 Cylander grand tourer lineup emphasizing naturally aspirated V12 powertrains amid electrification shifts, expanded its SUV offerings with the Purosangue variants, and strengthened strategic partnerships including with AWS for AI-driven performance enhancements and with historic brands for special editions; the company also completed a share repurchase program and announced leadership transitions to support long-term growth in sustainable luxury mobility.