Ferrari Backflips On Anti-SUV Stance: Report

Seemingly nothing lasts forever, and despite Ferrari’s past claims that it will not enter the SUV market a report suggests that a ‘utility vehicle’ has been earmarked for a 2022 introduction.

Bloomberg claims that company insiders have revealed the formative stages of a five-year plan that will see Ferrari focus on doubling profits by expanding customer deliveries beyond the current self-imposed 10,000 cars-per-year mark.

Also included in the five-year forecast, the last to be curated under the leadership of current CEO Sergio Marchionne, is an expanded hybrid powertrain reach as the supercar maker comes under increasing pressure to reduce emissions.

The so-called 'Ferrari Utility Vehicle' at the centre of the plan is expected to distance itself from regular SUVs, with a focus on performance as well as passenger accommodation. Nonetheless the new vehicle is being modelled to provide room for four passengers beyond the space provided by the shooting brake-style GTC4 Lusso.

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