AutoBeta(AutoBeta.net)03/20 Report--

As the pneumonia epidemic infected by novel coronavirus spread in Europe, a number of European car companies have announced the suspension of production. Among them, Italy is a region with a serious epidemic, and several factories in Ferrari, Lamborghini and Fiat have suspended production.

A few days ago, it was reported that Ferrari Chinese users received a notice of delay in the delivery of new cars, and the 488 Pista Spider will not be delivered on schedule due to the suspension of production at the factory due to the epidemic.

In response to the news, Sun Jie, Ferrari's director of public relations for Greater China, refuted the rumor on his personal Weibo. "who is so immoral to make up such false news?" She further said that all quotas for 488 Pista Spider in the mainland had been delivered.

In August 2019, Ferrari announced the price of 4.499 million yuan for its 488 Pista Spider, a convertible version of 488 Pista and Ferrari's 50th convertible sports car. The new car continues to use the 3.9-liter twin-turbocharged V8 engine with a maximum power of 720 horsepower, a peak torque of 770 Nm and a seven-speed double-clutch transmission. In terms of performance, the 0-100km/h acceleration time of the new car is 2.85 seconds, the 0-200km/h acceleration time is 8 seconds, and the extreme speed is 340km/h.

Sun Jie also said that the Ferrari 488 Pista Spider is unlimited but time-limited. At present, there is no quota in the mainland, and all previous quota orders have been delivered.

As of 18:00 that day, the cumulative number of confirmed cases of COVID-19 in Italy had risen to 41035, with 3405 deaths and 4440 cured, the head of the Italian civil protection department said on March 19, local time. The death toll of COVID-19 in Italy has risen to the highest in the world. In order to prevent the further spread of the COVID-19 epidemic, Italy entered a state of "city closure" on the 10th and closed all shops in the country except food stores and drugstores from the 12th, but public transport, logistics, post offices, banks and food production industries maintained normal business and operation to ensure basic life services to the public.

Italian sports car maker Ferrari announced that it will suspend production at its plants in Maranello and Modena from March 16 until March 27.

Ferrari said in an official statement that the company was facing "serious supply chain problems and unable to continue production" because of the damaged capacity of its downstream plants due to the expansion of the epidemic. As a result, production at the plants in Maranello and Modena will be suspended until March 27. At the same time, it is also to ensure the safety of our employees and reduce their risk of infection.

Ferrari said that at present, only factory production is suspended, but activities not related to manufacturing will continue.

For the whole of 2019, Ferrari sold 10131 units worldwide, the first time in Ferrari's history that new car deliveries exceeded 10, 000, up 10 per cent from 9251 in 2018. Ferrari saw the biggest growth in the Chinese market, where delivery grew by 20 per cent last year to 836 vehicles.

Ferrari reported revenue of 3.766 billion euros and net profit of 699 million euros in 2019, down 11% from a year earlier. However, the adjusted profit before interest, tax, depreciation and amortization was 1.269 billion euros, an increase of 14% over the same period last year, and the adjusted profit margin before interest, tax, depreciation and amortisation was 33.7%.

Due to the impact of the epidemic, European car companies stopped production on a large scale, including Fiat Chrysler, Peugeot Citroen, Volkswagen Group, Ford and so on.

Some analysts believe that for the European auto industry, which is facing overcapacity, suspending production for a few weeks is not a very serious problem, and the reduced capacity can be restored after the epidemic. "the real problem is market demand. People are not buying cars now, and it is expected that car sales in March will be very bad, which will really affect the profits of car companies. "

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