Counterfeit Ferrari Cars!!
#1
AudiWorld Member
Thread Starter
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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
""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
#2
AudiWorld Super User
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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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