Believe me, it’s not... • 20h
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... • 7m
💡 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... • 1m
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 MoreHey I am on Medial • 10m
💡Used car business 🚙 Many cars are standing in a straight line. If you want to start a business then you can start the business of old cars. To start this business you will have to spend Rs 3 lakh. You will also have to get a big garage Nowadays e
See MoreLive and Let Others ... • 5m
Astronum 2 Cars We have lot of second hand car apps Where we don't have filter with number total i.e, the four digit combined together forms a number. We can make an app which suggests the user, the right number one should use in his life, The app wi
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
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