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Counterfeit Ferrari Cars!!

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Old 07-12-2024, 11:57 AM
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Default Counterfeit Ferrari Cars!!

Watch the video. Also note the profit margins...

""Unlike mass-market automakers, Ferrari’s profit margins rival luxury titans like LVMH and Hermès, having posted a 27% operating profit margin last year.

In contrast, Volkswagen and Mitsubishi hover around a 7% margin, Ford is close to 3%, and even rival Porsche only aims for 20%. "

​​​​​​https://www.cbtnews.com/counterfeit-...n%20%28Copy%29
Old 07-12-2024, 04:36 PM
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Ferrari makes more profit off its merch than its cars. Counterfeit goods are a real big problem. They would likely double in profit if they could capture all counterfeit sales.
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