Ferrari raises earnings outlook on robust luxury-car demand

Ferrari NV raised its outlook on strong demand for high-margin models like its new €390,000 ($428,000) Purosangue crossover. The Italian luxury-car maker now expects adjusted earnings before interest, taxes, depreciation and amortization of as much as €2.18 billion ($2.4 billion) this year, up from as much as €2 billion announced in June. Ferrari also reported […]