Ferrari to cut production to protect brand
09/05/2013
Luxury carmaker Ferrari will cut production by at least 4% this year to preserve the exclusivity of its brand, according to its chairman. Luca Cordero di Montezemolo said despite growing sales, production would drop to less than 7,000 vehicles. The luxury carmaker sold 7,318 cars last year. "The strength not to listen to people who say 'your...
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