When I read this I was definitely surprised as I tried to wrap my head around it. Ferrari makes less than 10,000 cars a year and it’s more valuable? To be fair, Ferrari has been cranking out some stunners the last few years and GM has been putting out the Camaro… But GM does have the Corvette ace up its sleeve which might help them take that valuation back. Although Ferrari’s SUV might take it right back once that launches since the Urus is Lambos best selling car right now. Do you guys think this is a weird blip in sales or something that’s going to stay?
As of this morning, @Ferrari is worth more than General Motors, at almost $30 billion. Ferrari makes less than 10,000 cars a year compared to GM's more than 7.5 million. The value of a true luxury brand. pic.twitter.com/t1jRXYUZhz
— Robert Frank (@robtfrank) May 4, 2020
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