Study Shows Ferrari As The Most Profitable Car Maker

A study reveals that Ferrari has been the most profitable brand among car makers for the first six months of the year. According to the study, conducted by Duisburg (Germany) economics professor Ferdinand Dudenhoffer , Ferrari generated an operating profit of €69,000, or approximately $80,000, per every brand new car sold.

Other luxury brands, Tata Motors-owned Jaguar Land Rover and Porsche raked in €800 ($927) per car and €17,000 ($19,715) per vehicle sold respectively in operating profits.

Those experiencing losses include Bentley with €17,000 ($19,715) loss with each new car sold, and Tesla which loses about €11,000 ($12,757) with each new car sold.

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.