Ferrari records highest-ever sales for 2012 in its 66-year history

Despite the long and dwindling economic crisis in Europe, the Italian marquee Ferrari has managed to stump everyone else in the auto industry by reporting an all-time high in sales figures and stronger profits for the year 2012 in its 66-year history.  

The Bologna-based super luxury carmaker reported to have delivered 7,138 cars in 2012, which translates to a growth of 4.5 per cent when compared to sales in the year 2011 with a 8 per cent turnover to reach 2.43 billion euros. Net profit reached was 244 million euros, which is up by 17.8 per cent when compared to the previous year. 

The record sales for Ferrari were provided majorly by the United States and Canada, where a total of 2,000 units were sold in 2012 marking a 14.8 per cent increase in sales in the two regions. In Europe, the UK provided home to 673 cars with a 20.4 per cent rise in sales, while Germany took home a total of 750 Ferrari cars, up by 8.2 per cent. In Greater China, which comprises of China, Hong Kong and Taiwan, Ferrari sold a total of 784 cars, an increase of 4 per cent. 

On the other hand, the sales in Ferrari's home country, Italy saw a decline in sales by 60 per cent due to the economic slowdown and the higher taxes imposed on cars of its category in the European nation.