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Yall see the disconnect & Fraud of Banker Bailouts? Bloomberg: Ferrari Is Recession Proof as Luxury Sells Out
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Maserati SpA’s new sport-utility vehicle was one of the most sought-after models at the Frankfurt car show this week and Ferrari SpA predicted record sales as executives said ultra-luxury remains recession-proof.
“If you go to the Ferrari stand, there aren’t any customers worried about the recession,” Fiat Chief Executive Officer Sergio Marchionne said at the International Motor Show. “The last Ferrari customers I saw at the show weren’t crying.”
[
link to www.bloomberg.com
]
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