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Double-digit growth for Ferrari, poor start for Aston Martin

Double-digit growth for Ferrari, poor start for Aston Martin

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As the third quarter results are announced, the Italian brand is reporting double-digit growth in deliveries and profits. Aston Martin, on the other hand, saw its losses double, despite an increase in sales.


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The Italian carmaker recorded double-digit growth in the third quarter. Sales rose by 18.7% to 1.25 billion euros. In total, it delivered 3,188 vehicles worldwide in the July-September period.


Our entire range is sold out, with the exception of a few models,” said group CEO Benedetto Vigna.


Despite inflation and rising industrial and research and development costs, Ferrari generated a net profit of 718 million euros in the first nine months of the year, up 16 percent. Its revenues amounted to 3.72 billion euros.


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