Believe me, itโs not...ย โขย 2m
Ferrari seems like a car company on paper. But most investors would argue โ it operates more like a SaaS company. In '24, Ferrari sold 13,752 cars. โคท 81% (or ~11,139 cars) were sold to existing customers (people who already owned one or more). Revenues: ~โฌ6 B โคท ~90% comes from selling cars + spare parts (I think ~10% of revenue comes from Formula 1, unlike Mercedes which reports it separately) โคท Operating margins: 27%+, much higher compared to peers Ferrari is also increasingly focusing on its 'Lifestyle' segment. The goal is to 'bring to life a universe that encapsulates Ferrari's DNA'. Let more people buy into the aspiration of Ferrari, even if they can't buy the car (yet). โญ๏ธFerrariโs customer base is also getting younger โ 40% of new Ferrari buyers are now under 40 (prev. 30%, 18 month prior).
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Medialย โขย 8m
In 1963, this farmer went head-to-head with Ferrari. After complaining about Ferrari's "terrible design", he was told to "stick to tractors." His response? Use farming equipment to build the world's first supercar. Here's how an insult started a $
See MoreHistory always repea...ย โขย 9m
๐ก Business Idea: Shell-Like Car Covers ๐๐ก๏ธ This idea involves special frame-type covers that help car owners solve multiple problems. ๐ The main issue is the lack of a personal garage. These covers can protect cars from dirt and dust that come
See MoreStartups, Funding, B...ย โขย 3m
You see many cars๐ around you everyday but have you ever noticed why only Rolls Royce attracts your attention๐ข in all cars. Maybe not Rolls Royce has never sold the car, its aim is never to sell๐ the cars Now you will say brother what are you say
See MoreTrying to do betterย โขย 1y
Luxury car sales soar in India: Lamborghini, Ferrari set new records Sales of super luxury cars in India are set to surpass previous records for the third consecutive year. Currently, Lamborghini has sold all units allocated for India from its It
See MoreFiguring Outย โขย 6m
So, Tesla is finally coming to India! But will they sell a lot of cars? imo, they would. See, the Tesla Model 3โs expected price in India, including taxes, is about โน35-40 lakh (TOI). And if you know, most BMW, Audi, and Mercedes cars cost way mor
See MoreCHAIRMAN - BITEX IND...ย โขย 1y
Idea For You Implement Now Guys , we all know how problematic and time consuming when we face traffic jam's and most of the people's died in car accident because of bad roads even we face so much noise pollution , air pollution and goverment waste
See MoreEntrepreneur | softw...ย โขย 1y
Why EV cars sales are declining? EV markets in US and Europe also sees a drop in sales. Vehicle manufacturers like Ford which commited to be completely electric by 2030, is now shifting towards becoming complete hybrid. What is going wrong in EV sec
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