Aiming to boost profitability and increase the diversity in the Ferrari line-up, Sergio Marchionne - CEO of Fiat, which owns 85 percent of Ferrari - revealed a surprisingly detailed outline of the company's plans.
Speaking at Fiat's presentation of its 2010-2014 business plan, Marchionne confirmed that a replacement for the 612 Scaglietti will arrive in 2011, along with a Ferrari 458 Spider - a concept previewed by TMR in September last year.
The 599 GTB - only recently used as the basis for Ferrari's first GTO model in 25 years - will be replaced in 2012. A limited edition hero car, succeeding the famed Enzo, will also arrive in 2012. An updated California is also scheduled for a 2013 launch.
This week, Ferrari CEO Amedeo Felisa told US magazine Motor Trend that the company will maintain a range of four model lines, with an updated version of each model launching four years after its launch. He described the updated models as 'modificato' or 'M' versions.
As part of the four-model line-up, the Ferrari range will consist of two pairs: 'versatile' models such as the 612 and the California, alongside 'extreme performance' models, like the new 458 and the 599.
Felisa also touched on hybrids, a hot topic for the prancing horse brand.
We are doing hybrids because if we don't there will be no more Ferrari," he said.
"We are forced by fuel consumption and CO2 rules. We will have to do other things too, aerodynamics and lightweight, because hybrid isn't enough. But it's not under discussion to change the character of a Ferrari. We won't lose performance."