Believe me, it’s not... • 23d
Ferrari seems like a car company on paper. But most investors would argue → it operates more like a SaaS company. In '24, Ferrari sold 13,752 cars. ⤷ 81% (or ~11,139 cars) were sold to existing customers (people who already owned one or more). Revenues: ~€6 B ⤷ ~90% comes from selling cars + spare parts (I think ~10% of revenue comes from Formula 1, unlike Mercedes which reports it separately) ⤷ 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). ⏭️Ferrari’s customer base is also getting younger → 40% of new Ferrari buyers are now under 40 (prev. 30%, 18 month prior).
History always repea... • 8m
💡 Business Idea: Shell-Like Car Covers 🚗🛡️ This idea involves special frame-type covers that help car owners solve multiple problems. 🚀 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... • 2m
You see many cars🚗 around you everyday but have you ever noticed why only Rolls Royce attracts your attention📢 in all cars. Maybe not Rolls Royce has never sold the car, its aim is never to sell🙅 the cars Now you will say brother what are you say
See MoreTrying to do better • 11m
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 MoreCHAIRMAN - BITEX IND... • 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... • 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
See MoreI am a forward-focus... • 1y
Imagine a startup that transforms everyday cars into mobile advertising platforms, creating a win-win for car owners, businesses, and the startup itself. This concept leverages vehicle wraps, decals, and digital screens to display dynamic, location-b
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