The Rise Of Ferrari

The Rise Of Ferrari

The Rise Of Ferrari On May 4th, 2020 something wild happens to automotive stocks. The market value of Italian supercar maker Ferrari soared to 30 billion dollars above those of all three major U.S. automakers, General Motors, Ford, and fat Chrysler, which was once Ferrari’s parent company compared with those three giants. Ferrari is a tiny carmaker. It has long been known for limiting production and makes just about 10000 units per year. Compare that with General Motors, which sold nearly eight million cars, trucks, and SUV cars in twenty…

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