As we type this in, IAB representative Bharat Iyer is sitting at the inauguration of the Ferrari’ first showroom in India at Janpath, New Delhi. Ferrari invited Indian Autos Blog to be part of this very special launch which also marks the Prancing Horse’ official entry into the exotic car-loving nation.
We are anticipating to see key models from the range today on the showroom floor. Prices and waiting periods will also be made clear during the course of today’ event. Like any or every other launch, IAB will try to bring you the prices and pointers from conference first, so stay tuned !
Situated in Janpath, Ferrari New Delhi was built in a period of 90 days. It is 5k sq.ft in area with space for three display vehicles. A showroom in Mumbai will come up in early 2012 as Ferrari aims three digit sales in the next three years. It is also studying other locations to open additional outlets. The entire Ferrari range is available in India and one main reason for the delayed entry was the search for the right partner. Cars that stand for racing, technology and exclusivity, Ferrari will not leave customers to research and decide the right car. They will educate customers and potential customers on the brand’s pedigree and everything on this world-famous supercar brand.
Ferrari says its cars will run on 97 Octane gasoline due the engine’ higher compression ratios. Cars will take three to twelve months for delivery from the time of booking and waiting periods depend on the model and level of customization requested. Service intervals are long – once in a year or every 10,000km.
The Chinese market (one of Ferrari’ largest markets in the world) differs in terms of positioning, but people are equally passionate about these cars.
Italian supercar manufacturer Ferrari is banking its hopes on India, China and Latin America to realize its annual volume target of 8,000 cars, AutoNews reports.
Luca di Montezemolo, Ferrari’ CEO -
A lot depends on India, Latin America and China. There is growth potential there
China is predicted to be Ferrari’ third largest market by the end of 2011 with sales projection of 500 cars, up from 300 last year. Ferrari has tied up with Shreyan’ group here in India to distribute the complete portfolio.
Shreyans will have two dealerships in India – one in Mumbai and another in Delhi. 24 cars were allocated to India in 2011 out of which 14 were taken by the end of March. If Ferrari cannot sustain the high levels of growth in China and Japan, it will look at markets like India and Latin America to reach its annual targets.
Motoroids is reporting that Aston Martin is going to officially land on Indian shores by the end of this year. The cult British car maker is looking to start with a dealership in Delhi and Mumbai, the two sure-shot markets for exotic vehicles.
The company will be introducing the V8 Vantage, DBS and the recently unveiled four-door saloon, the Rapide. The company might not launch the V12 version of the Vantage in the Indian market.
The prices for the cars is expected to begin at around 1.25 crore rupees for the V8 vantage and could go upto 2.95 crores for the top of the range DBS.
With Aston Martin also set to officially make its India entry, the two boxes that aren’t checked are Ferrari and Maserati.
Luca di Montezemolo is offering his own personal car for sale on Ferrari’s online auction for charitable reasons. Luca Di Montezemolo signed the 599 GTB Fiorano for that winning bidder. At last check the highest bid stood at €190,000 (US$265 500).
Ferrari is often criticized for producing only 400 units of the Enzo, a supercar capable of acceleration figures of a Formula 1 car. Adding to that, critics claimed that those 400 were sold to the wrong kind of people; those who never appreciated the engineering that went into making the Enzo.
Perhaps, Ferrari is really considering a new Enzo type hypercar like this one to silence the critics. After all, it is about time Ferrari came up with a hypercar in the lines of the Enzo (which is 7 years old already!).
Succeeding the Enzo, Ferrari has launched many cars including three FXX versions, the new one will quite predictably be more advanced than all of them.
The Ferrari F430‘s production has been halted in Maranello to leave way to its successor, the F450, which is rendered here. The Ferrari F450 will have a marginally bigger 4.5-liter engine providing it with more power and torque ratings to compensate for the increase in length and track. This Ferrari unlike the California is performance-oriented one and a bit on the madder side. The production car will be shown at Frankfurt in September this year and might come with KERS technology borrowed from its F1 racing team.
Entry posted on January 13, 2009 by
Dave;
Read More on F1, Ferrari
Ferrari on Monday became the first formula one team to reveal its 2009 car – The ‘F60′, named in celebration of the fact the Italian marque is the only to have contested all sixty seasons in the sport’s history. It was launched with a low-key event at Ferrari’s Maranello headquarters.
TATA logo makes appearance in the car’s side panels (near the rear wheels)
