# Ferrari Unstoppable > Ferrari's profits surge as luxury car sales hit record highs. - Title: Ferrari Unstoppable · Jalopnik | Shortify - Summary: Ferrari's profits surge as luxury car sales hit record highs. Ferrari raised its 2026 earnings forecast to €3 billion EBITDA after strong sales of… - Keywords: ferrari, ferrari 2026, ferrari forecast, ferrari profits, ferrari sales, ferrari f80, ferrari luce ev, ferrari 296 speciale, ferrari ebitda, ferrari model launches, ferrari revenue, ferrari cash flow - Source: Jalopnik — https://jalopnik.com/2309082/ferrari-unstoppable-right-now - Author: Andy Kalmowitz - Published: 2026-11-06T15:23:53+00:00 - Read time: 2 min - Topics: ferrari, ferrari 2026, ferrari forecast, ferrari profits, ferrari sales, ferrari f80, ferrari luce ev, ferrari 296 speciale, ferrari ebitda, ferrari model launches, ferrari revenue, ferrari cash flow ## Ferrari's Profit Surge Ferrari raised its 2026 earnings forecast to €3 billion EBITDA after strong sales of high-margin vehicles and the F80 supercar. > Ferrari guided for its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) to rise to at least €3 billion ($3.36 billion) in 2026, versus a previous forecast for a result of at least €2.97 billion. ## Ferrari's Strong Sales Ferrari's order books now reach into 2028 with the Luce EV sold out for all of 2027. > The Luce EV is already sold out for all of 2027. ## Ferrari's Product Mix Sales of the €3.6 million F80 supercar improved Ferrari's product mix despite a drop in overall car shipments. > Sales of the €3.6 million limited-edition F80 supercar improved Ferrari's product mix in the third quarter and its result in the period. ## Ferrari's Financial Performance Ferrari's adjusted EBITDA rose 12% to €753 million in the third quarter, topping analyst consensus. > In the third quarter, Ferrari's adjusted EBITDA rose 12% to €753 million, topping a €739 million analyst consensus in a Reuters poll. ## Ferrari's Model Launches Ferrari CEO Benedetto Vigna confirmed two more model launches this year with client satisfaction expected to rise. > Ferrari CEO Benedetto Vigna added that Ferrari still has two more model launches coming this year, and he's 'sure' clients will be 'super happy' about them. ## Audi's Georgia Plant Audi plans a $4 billion assembly plant in Macon, Georgia with potential for a second phase adding $3 billion and 3,000 workers. > Audi is gearing up to build a massive $4 billion assembly plant in Macon, Georgia, and even though it won't open until the early 2030s, the German automaker is already considering a second phase that'll add $3 billion in costs and an extra 3,000 workers when it's completed in 3033. ## Audi's Tax Incentives Georgia provides $458 million in tax incentives and over $120 million in grants for Audi's plant construction. > Georgia is giving Audi the 1,500-acre site, providing $458 million in tax incentives and over $120 million in grants for infrastructure, rail improvements, environmental sites, remediation and construction. ## Audi's Tariff Relief Audi pushed the US to reduce EU import tariffs from 15% to 7.5% to save on costs. > Two sources briefed on the matter said Audi has pushed the US to reduce the 15% tariffs it pays on imports from the EU to 7.5%, but that the US Commerce Department was expected to agree to around 10%. ## BEV Market Share Battery electric vehicles hit 34% of new car registrations in 12 European markets in October, a record share. > Battery-electric vehicles took 34% of new car registrations in 12 European markets in October, which, if you're keeping track at home, is a record share. ## BEV Penetration in Germany BEVs accounted for 37% of new car registrations in Germany, a record share. > In Germany, the country where the largest automaker is Europe's are located, BEVs hit a record 37%. ## BEV Market Challenges Automakers face supply bottlenecks and margin pressures as BEV demand outpaces battery supply. > While that may sound like good news, it's causing a bit of a headache for automakers as it strains supply and squeezes margins, as the surge came faster than some OEMs' battery supply and cost structures could comfortably handle. ## Mitsubishi's Profit Drop Mitsubishi cut its full-year profit forecast, expecting a 7.3% decline in operating profit due to Middle East conflict. > Mitsubishi cut its full-year profit forecast, saying the war in the Middle East is hurting sales and driving up costs. ## Mitsubishi's Sales Forecast Mitsubishi expects global sales to drop 4.1% to 764,000 vehicles due to declining demand in key regions. > Mitsubishi lowered its global sales forecast to 764,000 vehicles for its current fiscal year due to declining volume in Southeast Asia, Australia, North America and Europe. ## Mitsubishi's Pajero Strategy Mitsubishi aims to sell 10,000 Pajero SUVs by March 2027 to offset declining sales. > Mitsubishi expects to sell 10,000 of them by the end of the current fiscal year, which ends on March 31, 2027. ## Fuel Prices Drop National average gas prices dropped 3 cents to $4.07 overnight, with diesel falling to $6.23. > This all means the average price of a gallon of gas dropped another 3 cents overnight to $4.07, according to AAA. Diesel saw a similar 3-cent drop to $6.23. ## Key takeaway Ferrari raised its 2026 earnings forecast to €3 billion EBITDA after strong sales of high-margin vehicles and the F80 supercar.