Subscribe & Follow
Trending
Advertise your job vacancies
Jobs
- Dealer Branding and Development Coordinator Johannesburg North
- New Vehicle Sales Manager - Volkswagen Experience East Rand
- New Vehicle Sales Manager Secunda
- Warranty Clerk - Stellantis Experience Richards Bay
- Vehicle Stock Controller East Rand
- New Vehicle Sales Executive Centurion
- Sales Representative Johannesburg
- New Vehicle Sales Executive Centurion
- Area Sales Manager East Rand
- Vehicle Sales Executive West Rand
NEWSWATCH: Ferrari ups production, Audi to keep Ducati
13 Dec 2017
Ferrari has announced that it may raise its production output to 9,000 cars in 2018 and Audi has announced that it plans to keep Italian motorcycle brand, Ducati.
Ferrari ups production
Image via Ferrari
According to reports, the increase is part of chief executive officer Sergio Marchionne’s plan to boost profit by expanding the Italian manufacturer’s lineup while maintaining the exclusivity of its costly models. It plans to achieve its goal by doubling factory shifts to two a day.It is believed that Marchionne will present Ferarri’s latest mid-term strategy early next year.
Audi keeps Ducati
Image via Ducati
According to a report on Motor Trend Rupert Stadler, Audi's chief executive told Reuters that the car manufacturer "has taken steps to reduce costs by $11.8 billion and started to create better ties with Porsche as part of an alignment strategy for both luxury brands." Stadler reportedly said that there is “no economic need” to sell Ducati.
For more:
About Ilse van den Berg
Ilse is a freelance journalist and editor with a passion for people & their stories (check out Passing Stories). She is also the editor of Go & Travel, a platform connecting all the stakeholders in the travel & tourism industry. You can check out her work here and here. Contact Ilse through her website here.Related
