Ferrari enjoys record profits with more cars sold in the UK than any other European country
Italian supercar company Ferrari enjoyed record profits last year, as more of the cars were sold in the UK than any other European country.
Ferrari made an all-time high net profit of 264 million euros (£217 million) in 2013, - a 5.4 per cent rise on what it achieved in 2012.
The year also saw UK overtake Germany as the company’s strongest European market.
A total of 677 Ferraris were sold in the UK.
Ferrari made record profits despite reporting that it sold 5 per cent fewer cars in 2013 than it did in 2012, with the total delivered to dealerships in 2013 dipping to 6,922.
“We wanted to maintain a high level of exclusivity, designing amazing products such as the LaFerrari, the 458 Speciale and the just launched California T,” explained Ferrari's president, Luca di Montezemolo.
Sales in Ferrari's home country fell to 205, as Italy now represents only 3 per cent of its worldwide sales.
The US remains Ferrari's biggest market with more than 2,000 vehicles delivered to the country last year.
Additional reporting by PA
- 1 Liam Gallagher brands Kanye West 'utter s**t' during BRIT Awards performance
- 2 Isis burns thousands of books and rare manuscripts from Mosul's libraries
- 3 People who sleep more than eight hours are more likely to have a stroke, research shows
- 4 Kanye West climbs on table at Nando's to crowd chants of 'Yeezus' before Brit Awards 2015 performance of 'All Day'
- 5 Muslim women's rights campaigner writes heartfelt letter to girls thinking of joining Isis
Ukraine crisis: Putin will cut gas to Europe unless Russia is paid by the end of the week
Liam Gallagher brands Kanye West 'utter s**t' during BRIT Awards performance
Isis burns thousands of books and rare manuscripts from Mosul's libraries
Missing Mexico teachers: Protests organised by union quashed in violent police crackdown
Mohammed Emwazi: Nine things we now know about man named as Isis militant 'Jihadi John'
Oscars 2015: Birdman beats Boyhood as Eddie Redmayne and Patricia Arquette win big - as it happened
New theory could prove how life began and disprove God
Half of Ukip voters say they are prejudiced against people of other races
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
Aqsa Mahmood branded a 'disgrace' by her parents after claims she recruited three UK girls flying to Middle East
Ukraine crisis: 'One miscalculation, and Britain faces an existential threat to our whole being...'
iJobs Money & Business
£17000 - £25000 per annum: Recruitment Genius: An opportunity to join this new...
£18000 - £21000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£36000 - £44000 per annum: Recruitment Genius: Encouraging more businesses to ...