Montezemolo confirms new Ferrari Enzo hybrid by year's end

Filed under: Hybrid, Ferrari Business has been good for Ferrari. Thanks in no small part to expanding its activities in developing markets, the racing team turned automaker raked in 556 million euros in revenues to generate 42.1 million euros in profit in the first quarter of this year alone - an increase of 13.2 and 17.2 percent, respectively. Those figures are driven by increased sales that...