But the auto industry is poised for some tremendous changes that raise questions about the long-term future of even high-end exotics.
(Source: CNBC YouTube channel)
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Video: The rise of Ferrari
In May 2020, Italian supercar maker Ferrari soared to a $30 billion market value, beating the top three major US automakers. Compared to GM, Ford, and Fiat-Chrysler, Ferrari is a small carmaker known for limiting production and only makes about 10,000 units per year.
