Ferrari Ups Sales in China by 50 Percent

Ferrari Ups Sales in China by 50 Percent

China is increasingly becoming the market place for luxury brands, and Ferrari‘s banner year in the Chinese market will likely force the Italian supercar maker to shift more of its energy to the Far East as China and Hong Kong gobble up more and more cars.

With 300 cars sold in 2010, China sold 50% more cars in the region than in 2009, and the company is expected to sell its 999th vehicle in 2011. With the number 9 having major connotations in China regarding longevity and good fortune, you can bet that Ferrari will be celebrating their record sales in a very big way.

[Source: Inside Lane]

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