WORLD LUXURY & SPORT CAR MANUFACTURE COMPANY All people know that Ferrari car is expensive today and Ferrari is an Italian car company TOTAL VALUATION OF THE COMPANY IS $279.38billion dollar. Ferrari car was made by ENZO Ferrari in 1939. Ferrari is such a car which only rich people can buy. There will be very few rich people who will have a Ferrari car today. And one thing you will be surprised to know that only rich people can buy and sit the Ferrari car today. That Ferrari car was made by a POOR boy. ENZO FERRARI did this, that today FERRARI COMPANY has become such a big car company that only rich people dream of buying FERRARI cars and if we talk about FERRARI then a HORSH logo has been made above the FERRARI car and many people are thinking that there is a symbol of HORSE REPRESENT RACING. It is not like this in FERRARI car. How did the FERRARI COMPANY start and how did it reach the pickup spot? WE WILL EXPLAIN IN DETAILS ABOUT FERRARI COMPANY
FERRARI COMPANY OVERVIEW
| FERRARI FOUNDED IN | 1929 |
| FOUNDER | ENZO FERRARI |
| INDUSTRY TYPE | AUTOMOTIVE |
| EMPOLOYEES IN FERRARI COMPANY | MORE THAN 3000+ EMPOLOYEES |
| WHICH COUNTRY BRAND IS FERRARI COMPANY | ITALIAN |
| WHO OWN THE FERRARI COMPANY CURRENTLY | ANGNELLI FAMILY AND PIERO FERRARI |
| IN HOW MANY COUNTRIES ARE FERRARI COMPANY AVILIABEL | MORE THAN 30 COUNTRIES |
| CURRENT CEO OF FERRARI COMPANY | BENEDETTO VIGANA |
| NET WORTH OF FERRARI COMPANY | ₹279.34 BILLION |
| OFFICAL WEBSITE OF FERRARI COMPANY | https://www.ferrari.com/en-IN |
| CONTECT US | +39 059 4397979 |
INTRODUCTION
The story of FERRARI COMPANY started around 120 years ago from today and the person who started the FERRARI COMPANY was named ENZO FERRARI and ENZO FERRARI was born in MODENA CITY of Italy in 1898 and the name of the father of ENZO FERRARI was ALFREDO FERRARI and the father of ENZO FERRARI was an AUTOMOTIVE ENGINEER and did the work of making cars and the father of ENZO FERRARI used to repair racing cars for a racing company and sometimes ENZO FERRARI was also his father. He used to live in the company and by cheating on the racing program there ENZO FERRARI had a lot of fun and because of this ENZO FERRARI started getting more interested in cars and when he watched ENZO FERRARI RACE it seemed very interesting and under them he used to dream of becoming a car driver and when World War 1 started in 1914 after the start of World War it was very necessary for all the people who participated in it to go to the war
And then because of this reason many fugitives were made and they spent some days in jail and he and his family also had to work for the World War 1 Army and 2 days before liberation the flu virus spread throughout India and due to which many brothers and fathers of the fugitives died and then the health of many fugitives also got ruined and due to which many fugitives were thrown out of the Italian Army and when the company guys took over the reins When Ferrari was fired from the company then ENZO Ferrari’s age was only 18 years and at that time he did not EXACTLY understand that we only have to do work and ENZO Ferrari had only one skill which was to repair the car, due to this reason ENZO Ferrari only got angry when he started working in the car company and started giving interviews in the car company and at that time and first of all ENZO Ferrari gave his interview inside the new FIAT company where ENZO Ferrari could not be approved there And ENZO FERRARI was rejected and as of today FIAT COMPANY has 90% shareholder of FERRARI COMPANY
HISTORY OF FERRARI COMPANY
ENZO FERRARI had given his interview in many companies at that time but no company kept ENZO FERRARI on the job and then finally CMN COMPANY kept ENZO FERRARI on the job after seeing his ruined condition and ENZO FERRARI got the job as a test driver post and the CMN company which manufactured cars from parts of old trucks and made US cars and participated in racing and ENZO FERRARI was doing good work there Because earlier also he knew a lot about the car and also got the car repaired and ENZO Ferrari used to do a lot of work there, while doing the work he promoted ENZO Ferrari and got the car test driver to make a car racer at that time and finally his dream of ENZO Ferrari got fulfilled and ENZO Ferrari took part in his first race, Hill Climb Race and ENZO Ferrari gave a very good performance in the US race and ENZO Ferrari was 4th He came to the position and after using it, ENZO FERRARI quit the CMN company and gave it to him because of some internal problems
And then ENZO FERRARI joined ALFA ROMEO COMPANY in 1920 as a CAR RACER And in ALFA ROMEO CAR COMPANY, ENZO FERRARI participated in 41 CAR RACES And out of which ENZO FERRARI won 11 CAR RACES And then in 1929 he got a chance And a team was formed under ALFAROMEO whose name was SCUDERIA FERRARI And all the good racers were included in the SCUDERIA FERRARI team And whoever participated in any car racing would be the winner And ENZO The team of FERRARI became very popular and then ALFA ROMEO removed the SUCDERIA FERRARI team and formed his own team. Due to this ENZO FERRARI was very angry. And then ALFA ROMEO made ENZO FERRARI the manager to make ENZO FERRARI happy. And then ENZO FERRARI also did not like it. Due to this reason he quit the ALFA ROMEO COMPANY.
And you do all the thinking yourself so that you make a team. You work together all day and night and train everyone. And you make a complete team by teaching everyone. And that team also works in a good manner and continuously wins all the matches. It becomes popular in the whole country and everything is going on. After that your team is defeated. So how did you end up? Due to this reason Enzo Ferrari had quit ALFA ROMEO COMPANY.
And then ENZO FERRARI decided to open his own company. He opened his first company and kept the name of his company as ACC and the meaning of the ACC is AUTO AVIO COSTRUZIOINI and ENZO FERRARI wanted to keep the name of his company. Ferrari also signed a contract with ALFA ROMEO that till the next 4 years he cannot keep the name of his company as Ferrari and he cannot form any other team because ENZO FERRARI had first formed his own team whose name was SCUDERIA FERRARI BECAUSE OF THIS REASON ENZO FERRARI KEEPS THE NAME ACCOUNT OF ITS COMPANY AND IN THE START, ENZO FERRARI MANUFACTURES THE PART OF ITS CAR AND SUPPLYS THE PART OF THE CAR
And since the origin of ENZO FERRARI he was interested in racing cars, because of this ENZO Ferrari was not feeling like manufacturing the parts of the car, for this reason he started his own racing car company in 1940 and kept the name of his first car as AAC 815 and he successfully completed another car and everything was going well, but during that time World War 2 starts and a bomb falls on ENZO Ferrari’s factory due to which the whole factory gets destroyed ENZO FERRARI had to close its factory, this car would have been completely closed and ENZO FERRARI had only one option, to wait for the World War to end and when the World War finally ended in 1947 it had to open its other car company and keep the name of THAT company as Ferrari
After opening the Ferrari car company, ENZO Ferrari focused on making a direct racing car and launched its first model whose name was Ferrari 1255 and after being launched in the market, Ferrari 1255 got a very good response and people liked Ferrari’s car a lot and the demand for Ferrari was spent and then getting motivated by this, Ferrari launched its 2nd car whose name was Ferrari 166 and the first time came in 1952 ENZO Ferrari launched its car He launched his car in the competition in racing and the most famous car of that time was ALETTA 159 which after losing, Ferrari made a new record in racing and ALETTA was the same car company which ENZO Ferrari had formed by quitting its team and today he also made the same car for ENZO Ferrari. Today is a very big day and the whole life was like ENZO Ferrari, his dream was converted into real and in 1953 he was in Ferrari CONTINUE 2 TIMES RACE was won and in our time such a situation was created that if someone has to win the race then first the Ferrari car would have to be lost and the Ferrari car reached the top and the Ferrari company got a lot of success and people started knowing the Ferrari from the perspective of the racing car
What is the history of the Ferrari car company’s HORSE symbol
To know about FERRARI’s logo we will have to go to World War 1 and in US time ENZO FERRARI used to work for the ITALIAN ARMY and there was a LESENDRIC AIR FIGHTER in the US army whose name was FRANCISCO BARAKA and after the name of the company there was a symbol of HORSH on top of the US plane and the one who made the HORSH logo on the aircraft was lucky for ENZO FERRARI Inspired by the aircraft used for ENZO FERRARI, ENZO FERRARI made its car logo in HORSH SHAPE It was made and ENZO FERRARI also won 34 battles because of these HORSE people and ENZO FERRARI launched its last car whose name was Ferrari F40 and after him ENZO FERRARI died in 1988 and after his death what did ENZO FERRARI’s daughter handle
MARKETING STRATEGY OF FERRARI COMPANY
FERRARI uses a strategy for selling it, which is done FERRARI manufactures its cars LIME so that they are creating exclusivity and desirability for the brand and by launching a limited car the customer likes the car very much but that car is out of stock due to which the customer has to pay a large amount due to this the Ferrari car has such a high demand in the market
To promote his car, Ferrari participates in car racing on a large scale and due to his good performance he attracts people towards himself and without investing money in advertising Ferrari is able to sell his car
HOW TO INCREASE ITS BRAND VALUE FERRARI keeps using new strategies so that the BRAND VALUE of FERRARI never falls and always keeps going up in price FERRARI’s BRAND VALUE
VISION $ FEATURE OF FERRARI COMPANY
The vision of Ferrari company is that we will design such a car that the car can run well on every track and give good performance on road and highway. By doing this Ferrari is designing its cars due to which the customer does not have to face much problem.
Ferry company is working to make its car fully electric car and how to make its car pollution free by doing so, it is creating good environment and is giving government subsidy for manufacturing electric car by doing so, customers can travel long distance in less money and are also saved from pollution by doing so, government is focusing on manufacturing electric car and is asking all companies to manufacture electric car
COMPETITOR ANALYSIS OF FERRARI COMPANY
THE MAIN COMPETITOR OF FERRARI COMPANY IS
- BUGATTI
- ROLLS ROYCE
- BMW
- MERCEDES
- BENTLEY
- LAMBORGHINI
- TOYOTA
- FORD
- ASTON MARTIN
- AUDI
- VOLKSWAGEN GROUP
- LAXUS
- MC LAREN
- TATRA MOTOR,S
FINANCE ANALYSIS OF FERRARI COMPANY
MAIN INCOME SOURCE OF FERRARI COMPANY
FERRARI car company is an Italian multimillion & SPORT car manufacturer which was established in 1939 and the main income source of FERRARI car company is that it manufactures the car and also manufactures the car parts and sells them in the market and after thoroughly surviving the FERRARI company earns money. This is the main source of income of FERRARI car company.
REVENEU (NET-WORTH) OF FERRARI COMPANY
REVENEU (NET-WORTH) OF FERRARI COMPANY According to the FERRARI car company finance report of 15 august 2024 is market cap (net-worth) is $279.38billion dollar company and its revenue increased by 04% per year and world no7 MOST OF TOP SPEED & LUXURY CAR BRAND IN THE WORLD
CANCLUSION
I am saying that you all would have liked this information about FERRARI Company very much. When did this come, I have told you about its history in detail and after reading everything you all will come to know whether money has to be invested in this company or not and you will also get to know a lot.
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OFFICAL WEBSITE OF FERRARI COMPANY
