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Sign of the times

Ferrari is reporting total sales for the month of November at 92 cars, compared to its monthly average of 600 cars. Sales of the 612 and 599 have supposedly flat-lined and the 430 Spider’s sales have been drastically hit by the introduction of the similarly-priced California. The company has started to cut the fat by letting go of 10% of its workforce and starting talks with the trade unions to eliminate additional employees.

Even though Ferrari has a waiting list in some markets, it has a large number of unsold cars piling up in others.

[via World Car Fans]

Ferrari California

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Posted by: Benjamin Greene
Posted on: 12/8/2008 at 4:36 AM
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Categories: Ferrari
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