/Ferrari To Unveil New V12 Supercar In Geneva

Ferrari To Unveil New V12 Supercar In Geneva

ferrari ff at Ferrari To Unveil New V12 Supercar In Geneva

Boasting their 2011 record sales, Ferrari boss Luca di Montezemolo announced debut of a new and ‘extreme’ V12 model at the 2012 Geneva Motor Show.

He didn’t make it clear if this extreme model is the Enzo replacement we’ve been waiting for, or the 599 replacement, or just a completely new model. He just says:

We now have a complete range of models which will be joined in a few days time at the Geneva Show by a new 12-cylinder. A revolutionary new car that delivers extreme performance and unprecedented power output.

Just knowing Ferrari has come up with a new model, and it’s powered by a massive V12, is heartwarming. Ferrari’s expansion strategy proved a success, as they set a record last year delivering 7,195 cars worldwide. Luca continues:

We can only be satisfied with these results,” declared Chairman Luca di Montezemolo. “They were achieved against an economic backdrop that remains challenging, particularly in Europe. They are the fruit of heavy investment and a culture of innovation that covers all areas of the business. Our international expansion continues and Ferrari today has a network covering 58 nations.

Here’s an overview of Ferrari’s 2011 results:

Revenues of 2.251 billion euro (+17.3%)
7,195 cars delivered (+9.5%)
Trading profit 312.4 million euro (+3.2%)
Industrial net cash 707.5 million euro
Significant rate of growth in China, USA, Germany and Great Britain

(Founder / Chief Editor / Journalist) – Arman is the original founder of Motorward.com, which he kept until August 2009. Currently Arman is our chief editor and is held responsible for a large part of the news we publish.