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World 2012: Ferrari lodges best year ever

Ferrari Dubai. Picture courtesy of Ed Callow via Flickr

In the midst of gloom and doom European sales, Ferrari shines once again and announced yesterday its best sales figures in 66 years of trading, despite a harsh downturn in sales in its home country Italy. Global sales for 2012 topped €2.4 billion, a rise of 8% on 2011 and Ferrari sold 7,318 cars, up 4% year-on-year. In the meantime, net profits rose by 18% to €244 million. Although Italy sales were down over 40%, the company enjoyed record sales in the USA where the brand passed the 2,000 annual units milestone for the first time (+15%), China, Germany (+8%) and Great Britain at 673 sales, up 20%. Japan sales are also up by 14% while Switzerland is up 17%.

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