After being constructed in Maranello, Italy, Ferraris are sold annually at a rate of about 8,400. This may seem like a minor amount to other automakers, but considering Ferrari’s rigorous engineering and dedication to hand-building as many of their vehicles as they can, it’s actually pretty astounding.
In This Article...
Ferrari Sales Worldwide (Full Year)
Ferrari sold a record 11,155 vehicles globally in 2021, with the USA being the largest single market.
Sales of Ferrari sports cars climbed by 22.3% in the entire calendar year 2021, reaching a new high of 11,155 Ferraris shipped worldwide. Ferrari sold 9,119 vehicles globally in 2020, breaking the previous record of 10,131 Ferraris delivered worldwide in 2019. Although the USA remained Ferrari’s biggest single market in 2021, sales in China nearly doubled, signaling the market’s best rebound. Ferrari asserted that it was not significantly impacted by the worldwide chip scarcity and anticipates positive growth in 2022 as a result of increased demand and a more varied model lineup.
Data & Trends on Ferrari Sales in the US Automotive Market
As the firm itself has committed never to make more than 7,000 cars annually to ensure exclusivity, Ferrari sales in the US have been very consistent. Even if China’s demand has increased recently, the US is still one of its most significant markets.
Ferrari’s factory in Maranello, Italy, imports every vehicle it sells in the US. Ferrari, regrettably, does not break down its US sales by model. Ferrari sales can also be found throughout Europe.
For the US automotive market, Ferrari Sales Data & Trends
Due to Ferrari’s own pledge to never build more than 7,000 cars year in order to retain exclusivity, sales of the brand in the US have remained remarkably constant. Even though China’s demand has grown significantly in recent years, the US remains one of its most significant markets.
From its plant in Maranello, Italy, Ferrari imports every vehicle for the US market. Ferrari does not, sadly, break down its US sales per model. You can also buy Ferraris in Europe.
One of the few manufacturers without an SUV… yet.
Ferrari may have been a day late in announcing its 2021 sales, but the Italian supercar company has good reason to be happy. In contrast to 2020, the brand had double-digit growth, but more significantly, it had its best-ever year in terms of global sales and deliveries.
With 11,155 cars delivered to customers worldwide, the previous year outperformed 2020 by 22.3%. Additionally, it was 10.1% better than 2019, which marked Ferrari’s first year ever delivering more than 10,000 vehicles (10,131 sales). The Ferrari 2021 sales and financial report indicates that 2021 set a new record for the brand’s highest yearly sales; this is a goal the business likely hopes to achieve once more this year.
Ferrari CEO Benedetto Vigna said, “Our record 2021 financial achievements reflect once more the robustness of our business approach. In keeping with our strategy to pursue controlled expansion and retain brand exclusivity, we carefully managed an excellent order intake, recording double-digit growth across all key financial indicators and exceeding our guidance.
With a total of 5,492 deliveries in the EMEA region (Europe, the Middle East, and Africa), a 14% increase over 2020, the region continued to be Ferrari’s largest market in 2018. With 2,831 Ferraris sold, the Americas came in second place, up 21% from the previous year. While mainland China, Hong Kong, and Taiwan experienced the largest increase in demand—a 97 percent increase to 899 units—it remains the supercar brand’s smallest market in terms of sales volume.
For the first time, Ferrari surpasses 10,000 annual sales.
Since Ferrari’s initial public offering (IPO) on the New York Stock Exchange in 2015, its shares have increased from an opening price of $52 to $168.20 at the most recent closing. This is as a result of the company’s significant efforts to appease investors, which include increasing output and extending into new, more established industries. Yes, we are referring to the 2021 Purosangue SUV.
Under the long-serving Chairman Luca di Montezemolo, annual production was restricted to 7,000 units, but his successor Sergio Marchionne and current Chairman John Elkann loosened the taps. It indicates that Ferrari is finally selling more than 10,000 vehicles annually.
The Italian business reported sales of 10,131 units for 2019, an increase of 9.5% from the prior year. All those vehicles generated sales of 4.1 billion euros, or around $4.5 billion, and a profit of 917 million euros (EBIT).
However, Ferrari won’t stop producing cars after 10,000 units. The SUV has the potential to rank among the most popular offerings from the firm, and a LaFerrari replacement is also in the works.
The company will have to adhere to far stricter emissions laws albeit now that it has sold more than 10,000 cars, the threshold at which European authorities permit automakers to avoid the stricter regulations. Ferrari intends to release a lot more hybrids as a result. The company recently debuted the plug-in hybrid SF90 Stradale and plans to have 60% of its inventory electrified by 2022. The business is also researching further options, such using hydrogen or biofuels.
Before you start worrying about seeing a red car on every corner, you should know that Ferrari works to maintain exclusivity by only selling its cars in certain areas. For instance, Ferrari’s sales in the Americas actually decreased by 3.3 percent in 2019 as a result of what the firm calls a “deliberate geographical rebalancing,” according to the company.
For the first time in 2019, Ferrari surpassed the 10,000 annual sales milestone.
Ferrari has experienced a surge in the value of its shares from $52 to just over $168 since it began trading on the New York Stock Exchange in 2015. It is obvious that the business is working very hard to meet the expectations of its investors, especially by growing production and branching out into new markets, namely the potentially lucrative SUV categories. Ferrari is anticipated to release its first such vehicle in 2021.
For many years, the business’s then-president, Luca di Montezemolo, restricted the company’s yearly production to 7,000 units. Both current president John Elkann and his successor Sergio Marchionne opened the production valves, which is why Ferrari recently broke the 10,000-unit sales barrier in a single year for the first time in company history.
The Italian company revealed its statistics for 2019 on Tuesday, which were 10,131 units, an increase of 9.5% over the previous year. 4.1 billion euros in sales and 917 million euros in profit were produced by them.
And Ferrari doesn’t plan to stop there; its SUV may end up being one of its most well-liked models. Also under development is a product to take the place of the LaFerrari model.
But because the company will have to adhere to far higher pollution laws now that it sells more than 10,000 vehicles annually, all of this will result in some fundamental adjustments. In actuality, the figure represents the upper limit established by European standards that permits automakers to avoid the harsher regulations when their production is smaller.
Ferrari intends to release a large number of additional hybrid vehicles to address this issue. The business recently unveiled the SF90 Stradale plugin vehicle and plans to have 60% of its driving range electrified by 2022. Ferrari is also investigating further options, including the usage of hydrogen and biofuels.
Nobody will object if there are more Ferraris on the road. However, don’t anticipate seeing them on every corner any time soon. The Italian company continues to restrict distribution in specific regions in an effort to preserve the degree of exclusivity in particular markets. Sales in the Americas, for instance, decreased 3.3% in 2019 as a result of what the firm calls a “deliberate geographic rebalancing,” according to the company.
How numerous Ferrari owners are there?
Many of those individuals have owned many Ferraris. Let’s assume that three is the average. Let’s assume that 400,000 or so people have owned one. Given that there are approximately 8 billion people on the earth, roughly 1 person in every 20,000 owns one.
What number of McLarens are sold annually?
In 2018, McLaren Automotive’s earnings reached a height of 928.3 million British pounds. Comparing this to the prior year, there was a 43 percent gain. The McLaren Group, which also includes McLaren Racing and McLaren Applied Technologies, includes the British sports car manufacturer as one of its subsidiaries. It was established in 1985 under the name McLaren Cars and is currently based in the UK.
The company’s increased sales output was primarily responsible for the rise in revenues. In 2018, McLaren sold 4,829 automobiles, including 259 wholesales of the McLaren Senna, their newest model. The Senna has a steep price tag of 750,000 British pounds and had begun production in June 2018.