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- catamount39
Come on really? Another cheap (modern) California? That's dumb. I was hoping for something based on the 4C in a sense. Well this is pointless.
Have you looked at 458, FF and F12 and LaFerrari front ends recently?
AutoCarMarchionne said last year to Autocar that the Dino name and a V6 return was possible, but today at the Geneva motor show he said there had been "zero progress" since and it was "on the drawing board". He added: "We'll let you know when there's something to say."
I don't get the point of having a Dino nowadays; isn't that what a Alfa Romeo 4C is for?
I don't get the point of having a Dino nowadays; isn't that what a Alfa Romeo 4C is for?
This is most definitely a Bad Thing.
AutoNews.comFerrari is evaluating whether to build a modern version of its 1960s Dino small sports car but it may not happen because of fears that it would dilute the brand's exclusivity.
Ferrari CEO Sergio Marchionne said there are split views within the automaker's management on whether to revive the Dino nameplate for an entry-level sports car. Not everyone is convinced it would be a good move, he said.
The idea of reviving the Dino is being "kicked around," Marchionne said on a call with analysts to discuss the automaker's second-quarter financial results.
Marchionne said it would be dangerous to lower the entry level price for a Ferrari.
He also said he was unsure whether a cheaper Ferrari is necessary to attract younger buyers since the brand has a "phenomenally young" customer base in Asia who can afford the brand's expensive cars.
"We need to explore ways to attract customers to traditional values of the brand such as style, performance and engine sound before downgrading the entry level price for the brand," Marchionne said.
'Surprise' dismissal
Bernstein analyst Max Warburton said in a note to investors: "Marchionne appeared to dismiss the idea that a smaller Dino sports car is imminent, to our surprise."
Former Ferrari Chairman Luca di Montezemolo resisted suggestions that the brand should build a modern Dino but the possibility was revived when Marchionne took over as chairman in 2015.
Marchionne aims to boost Ferrari's profits by increasing annual deliveries beyond a self-imposed limit of 10,000 cars. To achieve this, Ferrari will need to broaden its appeal beyond drivers attracted by its powerful 8-cylinder and 12-cylinder models. In 2005 Marchionne said a V-6 sports car like the Dino is "not a question of if but when."
A new Dino could start in Italy from around 150,000 euros, about 20 percent below the current cheapest model, the 190,000-euro California T, company insiders said.
Evercore ISI analyst George Galliers said if Ferrari builds a V-6 car, the company would have to ensure that its performance was comfortably ahead of other sports-car makers such as McLaren Automotive and Porsche and to a lesser extent Audi and Mercedes-Benz.
During the second-quarter call Marchionne said a decision on the Dino will be made public when Ferrari holds an investor day announcing its next-five year plan, likely during the first quarter of next year.
He also confirmed that Ferrari is considering challenging in the growing market for ultraluxury SUV/crossovers with a roomy, four-seat "utility" vehicle. It would be for "the selected few" and would not to compete with the high-end sports car brands such as Porsche, he said.
You're telling me that Ferrari is waffling on this potential segment which could make them beacoup bucks, especially if it is well designed like a Ferrari usually is, and relatively good on performance for the right price?
They don't need a cash cow either, since the California T does that perfectly well. And then there'll be the "Ferrari Utility Vehicle" which will probably prop the company up quite nicely in places like China.That exclusivity guarantees a relatively steady profit stream without having Ferrari need to compete directly with companies with much deeper pockets than them.