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Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40

1. 40% of Ferrari's new buyers are under 40, up from 30%. 2. Ferrari focuses on exclusivity, maintaining a long wait time for production. 3. The company plans to unveil its first fully electric vehicle on Oct. 9. 4. Ferrari will produce traditional, hybrid, and electric vehicles moving forward. 5. Growing demand among younger buyers may enhance brand vitality and sales.

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FAQ

Why Bullish?

Increased popularity among younger buyers indicates stronger future demand for Ferraris.

How important is it?

The rise in younger clientele reflects a shift that is vital for future growth.

Why Long Term?

The demographic shift in buyer age suggests sustained interest, impacting sales positively over time.

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