Ferrari is having a fantastic year in 2022, according to the automaker’s newly released financial results. It set a new sales record by delivering 13,221 vehicles, compared to 11,155 models in 2021. Net profit also hit a new high of €939 million ($1.024 billion at current exchange rates), while last year’s figure was €833 million ($909 million at current) . ).
The Europe, Middle East and Africa (EMEA) region was the largest for Ferrari in 2022 with 5,958 vehicles delivered, up from 5,492 last year. Sales in the Americas totaled 3,447 units, up from 2,831 in 2021. Buyers in Mainland China, Hong Kong and Taiwan bought 1,552 cars, compared with 899 in the previous period. Finally, the rest of the Asia-Pacific (APAC) market purchased 2,264 of the brand’s products, compared to 1,933 in 2021. The table below shows these results.
Ferrari’s total revenue for 2022 will be €5.095 billion ($5.563 billion), up 19 percent over last year. Sales of vehicles and parts generated €4.341 billion (4.741 billion) – an increase of 22 percent. The Prancing Horse branding and sponsorship deal accounted for the second largest portion of the business, generating €479 million ($523 million).
Ferrari predicts 2023 may be even better than last year. He expects net income to be around €5.7 billion ($6.224 billion), including more money from racing and lifestyle activities. The company plans to raise prices to offset cost inflation
Deliveries of the Ferrari Purosangue will begin in 2023. It is the brand’s first widely available four-door product and has a crossover-like shape. Power comes from a 6.5-liter V12 that produces 715 horsepower (533 kilowatts) and 528 pound-feet (716 Newton-meters). The only available gearbox is an eight-speed dual-clutch gearbox. Customer response to the vehicle was so great that there was already a two-year waiting list, and the automaker stopped taking more orders.
The spy shots show that Ferrari is working on a new front-engined, V12-powered coupe. It is reportedly the successor to the 812 and is being tested under a modified Rome. There has been speculation that a debut could happen later this year, or we might not see the model until 2024.