Ferrari eyes 'record year' as sales rise

Ferrari eyes 'record year' as sales rise

The number of motorists splashing out to buy a Ferrari sports car is on the rise, new figures show.

Worldwide, nearly 1,900 Ferraris were sold in the first three months of 2016. That is 15% more than during the same period last year, a trend that has been driven by rising sales in Europe, the Middle East and China.

The Italian manufacturer says the increase in sales has helped its quarterly profits jump by around 19% to just over £61 million.

According to the figures, 950 cars were delivered to motorists across Europe - including the UK - during January, February and March, 24% more than during the opening quarter of 2015.

Ferrari says the growth has been driven by sales of its new eight-cylinder cars, the 488 GTB and the 488 Spider.

Predicting it is on the road to "another record year", Ferrari says the latest figures are its best ever for an opening quarter.

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