Ferrari To Produce Its First SUV

The demand for sporty terrain cars is rising and the luxury car manufacturer Ferrari wants to benefit from it. Therefore, according to sources, they would come on the market with an SUV in 2021.

According to News Monkey, a new model should double Ferrari’s profit. Sergio Marchionne, CEO of Ferrari NV, said the company is going to bring its own SUV model to the auto market. Furthermore, Marchionne says the model that Ferrari launches in 2021 will double the company’s profit. Marchionne has already boosted Ferrari’s sales figures seriously, and with its decision to market a jeep model, it will probably not be different.

Marchionne has already boosted Ferrari’s sales figures seriously, and with its decision to market a jeep model, it will probably not be different.

Demand for SUVs and cross-overs has grown sharply, especially in Asia. Brands like Maserati and Bentley have understood this for a long time and have recently marketed their SUVs. Luxury brands such as Lamborghini and Rolls-Royce will also present their SUV models soon.

Ferrari currently sells about 10,000 cars, but with their new model, they want to boost sales to 20,000.

According to reports, the model will be called not a jeep, but a “Ferrari utility vehicle”.