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30% of new clients are younger than 40 years old”:Ferrari CEO.

Ferrari must balance development and exclusivity. In the last year, the company’s stock price has increased by 44%, outpacing the valuations of Ford and General Motors. Shareholder pressure to maintain strong volume and sales growth has resulted from this.

Vigna pointed out that despite the scarcity, Ferrari continues to draw in younger, new customers. He stated that the clientele has grown for ten straight quarters, with thirty percent of those clients being under the age of forty.

“Our new clients are, on average, 10% younger than our existing client base,” he said. Therefore, the prancing horse’s attraction is still powerful.

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