02-08-2016 21:12 via news.yahoo.com

Ferrari's supercar sales fuel second quarter earnings beat

By Agnieszka Flak MILAN (Reuters) - Italian luxury carmaker Ferrari posted better-than-expected quarterly earnings on Tuesday, helped by strong demand for its supercars from Europe and China and margins strengthened by special edition and personalised models. Chief Executive Sergio Marchionne said the full-year forecasts were "the minimum points" expected and predicted a "phenomenal 2016". Supercar deliveries in the quarter rose 8 percent to 2,214 vehicles, helped by strong sales of Ferrari's 8-
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