Ferrari CEO: Strategic Workarounds Keep Middle East Deliveries Stable
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Ferrari CEO: Strategic Workarounds Keep Middle East Deliveries Stable
- On today's earnings call, CEO Benedetto Vigna confirmed that Ferrari (NYSE: RACE) maintained flat year-over-year deliveries in the Middle East for Q1 by implementing alternative logistical solutions to bypass regional disruptions, reporting no "abnormal" order cancellations despite the ongoing tensions.
- Vigna said that test drives are continuing to be organized in the region, with over 500 in the past two months.
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