Ferrari News: Don’t Cry For Me, (GDP of) Argentina Edition!



In case you were wondering, that’s Luca di Montezomolo banging his head. Proving that they are human after all, di Montezemolo, President of Ferrari, has made a shocking announcement: Ferrari is going to lay off around 10% of their workforce due to a steep decline in sales. I guess Canadian oligarchs just aren’t buying as many red Prancing Horses as they used to. It’s even possible that layoffs might happen as soon as this upcoming Friday. Merry Christmas, Maranello!

So what’s SuperLuca’s Kryptonite?  Follow the jump to find out more.

Not Luca di Montezemolo, yesterday.


Worrying sales figures have indicated a rather shocking decline in the world-renowned brand’s popularity. With the sort of numbers that even monkeys can crunch easily (their previous average of around 600 cars per month is, in fact, noticeably more than the mere 92 they sold worldwide in November, 2008), Luca insists that the worldwide economic crisis is not to blame for their problems. Nor is the economy to blame for the unprecedented 20 day Christmas holiday that Maranello are giving their workers. Nor is it to blame for the fact that they’re currently hashing out plans for the future with Italy’s trade unions. And get this: the economic crisis is not to blame for the fact that while these workers are on a nearly month-long holiday, all of their contracts will be coming under close scrutiny. Sure thing, Luca. 

No, of course it isn’t the global economic crisis! Why would you ever think that? Especially since di Montezemolo goes on to reassure us that plans are still proceeding on schedule for the upcoming release of both the California and the Scuderia Spider 16M! EVERYTHING IS ALL GOING TO BE OKAY! At least for the V8s. 

Nevermind the fact that the 612 Scaglietti and the 599 Fiorano have both been moved into the automotive equivalent of the Witness Protection Program. Clearly, there’s nothing more to see here. These are not the V12s you’re looking for, please move along. [via Autocar]