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Ferrari and Maserati sales decline in Italy Ferrari and Maserati sales decline in Italy
(35 minutes later)
Sales of luxury Ferrari and Maserati cars have slumped in the land of their birth as Italy's financial and economic woes bite even the richest Italians, industry figures have revealed.Sales of luxury Ferrari and Maserati cars have slumped in the land of their birth as Italy's financial and economic woes bite even the richest Italians, industry figures have revealed.
Last year, Ferrari saw sales in its home market fall by more than 56%, while those at Maserati slumped 72%.Last year, Ferrari saw sales in its home market fall by more than 56%, while those at Maserati slumped 72%.
Just 248 Italians bought a Ferrari last year.Just 248 Italians bought a Ferrari last year.
Italy is in recession, and the government is continuing with austerity measures to trim its deficit.Italy is in recession, and the government is continuing with austerity measures to trim its deficit.
The head of the Italian motor traders' federation blamed higher taxes for the fall in sales.The head of the Italian motor traders' federation blamed higher taxes for the fall in sales.
Italian authorities have also been specifically targeting the owners of Ferraris and other supercars to check that they are paying enough tax.
There have been reports of police officers stopping such cars, and demanding that the driver produces his or her tax registration ID.
Both Ferrari and Maserati are owned by Fiat.Both Ferrari and Maserati are owned by Fiat.
Only 115 Maseratis were sold in Italy last year.Only 115 Maseratis were sold in Italy last year.