As with virtually all automakers, Ferrari has had a difficult first half. The COVID-19 outbreak had a huge impact on customer deliveries, with the prancing horse moving 4,127 cars, 22% less than in the first half of 2019. Deliveries were particularly weak in the second quarter of this year, falling 50% to 1,389 units compared to Q2 2019.
The coronavirus pandemic has forced Ferrari to temporarily halt production and delay some deliveries, further affecting the company’s performance in the first six months of the year. Another problem generated by the global health crisis has been the deployment of the SF90 Stradale – Ferrari’s first production plug-in hybrid after the limited-run LaFerrari hypercar.
Originally unveiled at the end of May 2019, Maranello’s electrified supercar was supposed to be delivered to early adopters in the first half of this year. That didn’t happen, and now Automotive News reports that Ferrari will launch its shipments later this year in Europe, while US buyers will have to wait another two months.
During Ferrari’s earnings call earlier this week, CEO Louis Camilleri explained that while the production lockdown after COVID-19 began on May 3, some of the company’s suppliers have opened their shops later. This disrupted the supply chain, forcing Ferrari to postpone deliveries of the SF90 Stradale. CFO Antonio Picca Piccon has promised that the PHEV performance will hit the market early in the fourth quarter of 2020 and will soon be followed by the grand tourer rom.
To end on a positive note, Picca Piccon reiterated that Ferrari still plans to unveil two new models before the end of the year despite the many problems caused by the coronavirus. While he did not give details of their identity, some suggest the models in question are the SF90 Stradale Spider and an amplified 812 Superfast that we have spotted on several occasions.