Ferrari North America Inc. · Englewood Cliffs, NJ United States
Company Description
View Ferrari North America Inc. Locations On A US Map
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This link will open in a new window Few automotive brands are as synonymous with chic and speed as Ferrari . Ferrari North America is Ferrari's exclusive business arm for vehicle imports, marketing, sales, and dealerships crossing North, Central, and South America. Its exotic models, as expensive as they are fast, include the F430 Berlinetta, F430 Spider convertible, 599 GTB Fiorano, 430 Scuderia, and the 612 Scaglietti. Although coupe-size in operations compared with corporate goliaths like GM and Ford , Ferrari North America is on a roll. Even in the face of an economic slow down, demand exceeds supply. It continues to build fewer cars than ordered, yet add new dealerships, notably in Florida, its third largest market. To read the full description, subscribe now.
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Key Ferrari North America Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 200 |
Ferrari North America Inc. Executives
8 executives listed for Ferrari North America Inc.'s Englewood Cliffs, NJ location.
| Title | Name & Bio | Contact |
| President and CEO | Maurizio Parlato | Network |
| VP Finance and CFO | Joe Marsella | Network |
| VP and General Counsel | David Wertheim | Network |
Competition
Competitive Landscape for Ferrari North America Inc.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Ferrari North America Inc. Competitors
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