Ferrari is an Italian sports car manufacturer, which had great success in participating in racing, especially in Formula one. Fiat purchased controlling interest in Ferrari in 1969.
Ferrari, Italian auto company is planning to start the business in India in the beginning of the next year as the luxury sports car maker.
They will open the business in 2011 and this company has it’s presence in 57 markets in the world. 85 percent of Ferrari belongs to the Fiat currently.
There are road cars and race cars from this company. A number of concept cars were produced by Ferrari like Ferrari Mythos. Ferrari Millechelli was the most recent concept car to be produced by Ferrari. According to officials, this company will have good economic result than previous year. This Company had did well in China. This Italian company is spreading it’s autos and industrial business with the aim of becoming a major auto player in the world.