Ferrari makes $80K profit per car; reportedly beats entire industry

Want create site? Find Free WordPress Themes and plugins.

2019 Ferrari Portofino

Ferrari hears the sweet ring of the cash register with every new car sold. The Italian company banks a profit of $80,000 per car sold and tops the industry, per a study from German economics professor Ferdinand Dudenhoffer.

translated the study’s findings to show Ferrari’s well-off margins, which are current for the first six months of the year. Rival Lamborghini does not make its financial results public. Ferrari’s profit margin is over four times greater than the second-most profitable company, Porsche.

Porsche makes about $19,000 for every new car sold, and it handily outdoes its German rivals, BMW, Audi, and Mercedes-Benz, reach rake in about $10,500 per new car sold.

Toward the bottom of the profitability study is Maserati, which makes $5,800 per car. Then, there are the money losers. Shockingly, Bentley loses nearly $20,000 on every car it sells, but a company spokesperson said the losses come as it invests heavily in electrification. Tesla also loses just over $12,000 on every car it sells.

A study from 2017 shows the 2018 results are identical for Ferrari and Porsche. Last year, the study showed Ferrari made $90,000 on every car sold while Porsche banked just over $17,000 on every new car.

Ferrari’s profits come from the company’s strategy to keep supplies low to maintain high prices. There is no such thing as an “entry-level” Ferrari, as far as the company is concerned. Porsche also has the benefit of offering more mainstream SUV models and high-end sports car variants from the 911 portfolio.

Did you find apk for android? You can find new Free Android Games and apps.

Check Also

There’s already a mid-engine Corvette, and it’s up for sale

Those who simply can't wait for the all-but-confirmed mid-engine Chevrolet C8 Corvette can take solace in this. It's a 1993 Innotech mid-engine Corvette, it runs, and it's for sale right now. Nicknamed Mysterro, the car came from the mind of the late Vaclav Kral, namesake of Design Kral. Kral was a Czech car designer worked for Porsche among other...

Geely could invest almost $2B to turn Lotus into a Porsche rival

China's Zhejiang Geely Holding Group is prepared to invest the necessary funds to make Lotus into a world-beating luxury and sports car brand. If Geely has its way, Lotus will be England's Porsche. And the Chinese automaker could dump as much as $2 billion into the brand to begin the process. According to a Bloomberg report published Thursday, Geely is...