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Top related persons:
Ferrari - 3 Benedetto Vigna - 2 Giulio Piovaccari - 2 Walt Disney - 1 Stanley Druckenmiller - 1 Datadog - 1 Amit Agarwal - 1 Tesla - 1
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Italian FactSet U.S Shenzhen China Pebble Beach Maranello Italy
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Ferrari - 4 Bloomberg - 3 CNBC - 2 MILAN - 2 Thomson - 2 Nvidia - 1 Billionaire - 1 billings - 1

Search resuls for: "Ferrari NV"


9 mentions found


☆ Stocks making the biggest moves midday: Disney, Nvidia, Ferrari, Datadog and more
  + stars: | 2024-05-07 | by ( Samantha Subin | ) www.cnbc.com   time to read: +4 min
Check out the companies making headlines in midday trading: Walt Disney — The entertainment giant sank 10% after posting fiscal second-quarter results . Walt Disney reported adjusted earnings that beat estimates and posted strong Disney+ subscriber growth but slightly missed revenue estimates. Palantir Technologies topped revenue expectations and posted adjusted earnings that were in line with estimates, but offered disappointing full-year guidance. Rocket Lab — Shares declined nearly 4% after the company posted a revenue miss in the first quarter. In the first quarter, the aerospace manufacturer posted revenue of $92.8 million, below the FactSet consensus estimate of $95 million.
Persons: Walt Disney, Stanley Druckenmiller, Datadog, Amit Agarwal, Tesla, Li, Xpeng, StreetAccount, LSEG ., —, Jesse Pound, Brian Evans, Alex Harring, Sarah Min, Hakyung Kim, Tanaya Macheel Organizations: Nvidia, Billionaire, Ferrari, billings, FactSet, Li Auto, Technologies, Palantir Technologies, UBS Group, UBS, CNBC, LSEG, Citi, Simon Property Group, Revenue Locations: Italian, FactSet, U.S
☆ Tesla rival BYD launches electric supercar that could take on Ferrari — for $233,000
  + stars: | 2024-02-26 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +1 min
A BYD Co. Yangwang U9 electric vehicle in Shenzhen, China, on Tuesday, Jan. 16, 2024. BYD debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against luxury gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini. Photographer: Qilai Shen/Bloomberg via Getty ImagesChinese automaker BYD this weekend unveiled a new electric supercar that it says can hit speeds similar to high-end models produced by industry giants like Ferrari. The U9 supercar will be part of BYD's luxury brand Yangwang, which was only introduced last year and has launched two other vehicles. According to BYD, the U9 will be able to reach a top speed of 309.19 kilometers per hour, or 192.12 miles per hour.
Persons: BYD, Qilai Shen Organizations: Ferrari, Lamborghini, Bloomberg, Getty Images Locations: Shenzhen, China
☆ Ferrari CEO says nearly a third of new buyers are under 40, even as wait lists grow
  + stars: | 2023-08-22 | by ( Robert Frank | ) www.cnbc.com   time to read: +3 min
"We are a brand that is not looking for volume," Ferrari CEO Benedetto Vigna told CNBC in an exclusive interview from Pebble Beach. Founder Enzo Ferrari famously said Ferrari would produce "one less car than the market demand." Ferrari Purosangue Source: FerrariVigna said that despite limited supply, the company continues to expand its reach among younger, new clients. Vigna added that buying a Ferrari should never be easy or quick, since it's the ultimate aspirational car. "Getting a Ferrari is an experience that starts from the time you first see a Ferrari," he said.
Persons: Ferrari, Benedetto Vigna, Francesca Volpi, Enzo Ferrari, Ferrari Vigna Organizations: CNBC, Ferrari, Ford, General Motors, Ferrari NV, Bloomberg, Getty Locations: Pebble Beach, Maranello, Italy
☆ Ferrari launches two hybrid models in limited series based on SF90 supercar
  + stars: | 2023-06-29 | by ( ) www.reuters.com   time to read: +2 min
Copyright Ferrari S.p.a./Handout via REUTERS TCompanies Ferrari NV FollowMILAN, June 29 (Reuters) - Luxury sports automaker Ferrari (RACE.MI) on Thursday unveiled two new plug-in hybrid models, produced in limited series and hitting the top end of the its price range. Based on 2019's SF90 Stradale supercar, the Prancing Horse's first ever series hybrid car, the two new road-homologated models are inspired by Ferrari's XX programme. The SF90 XX Stradale will have a starting price of 770,000 euros ($840,378) while the SF90 XX Spider, equipped with retractable top, of 850,000 euros, Ferrari said. Performance is boosted by an 8-cylinder, 4-litre combustion engine coupled with three electric motors capable of a total 1,030 horse power, 30 more than the SF90 Stradale. The lithium-ion batteries of the new SF90 XX Stradale and SF90 XX Spider will allow them for a 25 kilometre range in fully-electric mode.
Persons: Ferrari S.p.a, Ferrari's, Ferrari, Giulio Piovaccari, Frank Jack Daniel Our Organizations: Ferrari, REUTERS, Companies, MILAN, Luxury, Thomson Locations: Europe
☆ Ferrari does not need to buy other supercar makers, CEO says
  + stars: | 2023-06-05 | by ( ) www.reuters.com   time to read: +1 min
Companies Ferrari NV FollowMILAN, June 5 (Reuters) - Ferrari (RACE.MI) has no plans to purchase other sports car makers, the company's Chief Executive Benedetto Vigna said on Monday. "I don't think it makes sense for us to buy other supercar makers," Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by the Italian company. Vigna said Ferrari would finish building a new assembly facility, its so called 'e-building', in its Maranello hometown in June next year. The CEO said that Ferrari would not only be making fully-electric cars on the new assembly-line. Reporting by Giulio Piovaccari, editing by Gavin JonesOur Standards: The Thomson Reuters Trust Principles.
Persons: Benedetto Vigna, Vigna, Ferrari, Giulio Piovaccari, Gavin Jones Organizations: MILAN, Bloomberg, Thomson Locations: Italian
☆ EU countries approve 2035 phaseout of CO2-emitting cars
  + stars: | 2023-03-29 | by ( Kate Abnett | ) www.reuters.com   time to read: +3 min
The approval from EU countries' energy ministers means Europe's main climate policy for cars can now enter into force - after weeks of delay caused by last-minute opposition from Germany. The EU law will require all new cars sold to have zero CO2 emissions from 2035, and 55% lower CO2 emissions from 2030, versus 2021 levels. The EU policy had been expected to make it impossible to sell combustion engine cars in the EU from 2035. "The direction of travel is clear: in 2035, new cars and vans must have zero emissions," EU climate policy chief Frans Timmermans said. Germany's late intervention, after EU countries and lawmakers had already agreed the 2035 phaseout last year, irked some EU diplomats, and stoked concerns that governments may try to block other carefully-negotiated deals on climate policies.
☆ Ferrari CEO welcomes EU decision on e-fuels
  + stars: | 2023-03-27 | by ( ) www.reuters.com   time to read: 1 min
Companies Ferrari NV FollowMILAN, March 27 (Reuters) - The chief executive of Ferrari (RACE.MI) on Monday welcomed plans to exempt cars that run on e-fuels from the European Union's planned 2035 phaseout of new combustion engine vehicles. The decision would give the luxury Italian carmaker "greater freedom on the propulsion scheme," CEO Benedetto Vigna told a Reuters newsmaker event. Ferrari, which is renowned for its roaring petrol engines, is already producing plug-in hybrid cars and has promised its first full-electric vehicle for 2025. Reporting by Lisa Jucca and Giulio Piovaccari; writing by Keith Weir; editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.
☆ Ferrari revs up for "even stronger 2023" after beating forecasts in Q4
  + stars: | 2023-02-02 | by ( ) www.reuters.com   time to read: +1 min
Companies Ferrari NV FollowMILAN, Feb 2 (Reuters) - Ferrari (RACE.MI) said on Thursday it saw "even stronger" results this year after posting a 16% increase in its core earnings in 2022, supported by increased sales volumes of its luxury sports cars. Ferrari said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would come in between 2.13-2.18 billion euros in 2023, from an above-guidance result of 1.773 billion last year. By 1145 GMT they were up 1.8%,In the fourth quarter, adjusted EBITDA rose 18% to 469 million euros ($516 million). "These figures provide the base for an even stronger 2023, fuelled by a persistently high demand for our products worldwide," said Benedetto Vigna, Ferrari CEO. Deliveries of Ferrari's new 390,000 euro Purosangue are expected to start in the second quarter of this year.
☆ GM to launch electrified version of Corvette sports car by next year
  + stars: | 2022-04-25 | by ( ) www.reuters.com   time to read: 1 min
April 25 (Reuters) - General Motors Co (GM.N) President Mark Reuss said on Monday the automaker would launch an electrified version of its two-door Corvette sports car as soon as next year. The company will launch an electrified version of the Corvette, which will be followed by an all-electric version using GM's Ultium battery technology, Reuss said on LinkedIn. His comments about launching an electric Corvette were aired earlier on an interview with CNBC. GM's Corvette that has traditionally been fitted with petrol engines, races to keep up with other competitors in the space, such as Ferrari NV (RACE.MI), which offer gasoline-electric hybrid and turbocharged engines. Reporting by Nathan Gomes in Bengaluru; Editing by Amy Caren DanielOur Standards: The Thomson Reuters Trust Principles.
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