Luxury sports car maker Ferrari (RACE.MI) still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis. The company, known for its iconic Formula 1 programme and its prancing horse logo, cut its 2020 core earnings forecast on […]
Luxury sports car maker Ferrari (RACE.MI) still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis. The company, known for its iconic Formula 1 programme and its prancing horse logo, cut its 2020 core earnings forecast on […]
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