The Latest Breaking News from Ferrari NV

As Tesla loses momentum in 2025, another auto stock is quietly racing ahead with strong gains and stellar upside potential.

Consumer discretionary stocks are at the forefront of the retail and leisure sectors, driven by robust consumer spending trends and evolving shopping habits. Hence, it could be ideal for investors to invest in three well-positioned consumer discretionary stocks: Lowe's Companies (LOW), Ferrari N.V. (RACE), and O'Reilly Automotive (ORLY). Keep reading….

As the prospects brighten for the automotive industry, it's a worthwhile attempt to examine whether auto stocks Ferrari N.V. (RACE), General Motors (GM), and Nikola Corporation (NKLA) could be worth buying or selling. Read on….

Ferrari NV (NYSE:RACE) reported first-quarter FY22 sales growth of 17.3% year-on-year to €1.186 billion. Total shipments of 3,251 units improved 17.3% from last year. Car and spare parts revenue rose 18% Y/Y, and Engines decreased 18%. Adjusted EBITDA rose 12% Y/Y to €423 million, and the margin contracted 160 basis points Y/Y to…

Luxury sports car maker Ferrari NV (NYSE:RACE) has unveiled the new 296 GTS convertible, its fourth plug-in hybrid model. Deliveries are expected to begin in early 2023, Reuters reported. The report noted the new model follows the SF 90 Stradale in 2019, its convertible version called SF90 Spider in 2020, and 296 GTB in…

Ferrari NV (NYSE:RACE) has decided to suspend the production of vehicles for the Russian market. "Given the ongoing situation Ferrari has taken the decision to suspend the production of vehicles for the Russian market until further notice," the company stated. The company also donated €1 million to support Ukrainians. Price Action: RACE shares are…

Ferrari NV (NYSE:RACE) collaborated with Qualcomm Inc (NASDAQ:QCOM). Qualcomm will be a Scuderia Ferrari Premium Partner through Snapdragon, Qualcomm's premium product and experience brand leveraged across multiple platforms and categories, including automotive. The Snapdragon logo will make its debut on the F1-75, the Ferrari single-seater unveiled at Maranello on 17 February 2022.  Furthermore, the…

Ferrari NV (NYSE: RACE) has reported