The global auto market has seen a downturn in 2019, with sales of narrowly defined passenger cars declining in Europe, the americas and China, while ferrari, the most sophisticated of all brands, appears to have made a strong start to 2019.
　　However, Morgan Stanley analysts said in a note that the current target looks "very conservative," meaning there is a high probability that ferrari will hit a new high this year, both in terms of profit and sales.
　　Ferrari will begin shipping its first 488 Pista Spider in the current quarter, while the new ferrari Monza limited edition will begin shipping in the fourth quarter. These are the new growth points of ferrari's profit and sales. Although there is no SUV model, ferrari has not been affected. Its sales volume and profit have maintained a high level.
　　"Ferrari's first-quarter results confirm that it is far from the current automotive trends," said IG Markets analyst Vincenzo Longo. Ferrari, he said, "reaffirms its status as a luxury brand with clear added value."
　　Source: sina automobile (dongguan oneness filtration technology co., LTD.)