Ferrari, a subsidiary of Fiat SpA (NYSE: FIA) (ISE: IT0001976403), has announced record financial results for the first nine months of 2012.
The automaker posted revenue of €1,764m in the first nine months of 2012, an increase of 10 percent over the year-ago period.
During the first nine months of 2012, the firm reported an increase in net profit of 7.6 percent, to €152.4m.
The company delivered 5,267 cars to its dealership network, with the USA responsible for 26 percent of total sales, making it Ferrari’s single biggest market.
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