Rennteam 2.0 - EN - Forum - Re: 430 will not be in the US until late April or late May. - Page1

Feb 5, 2005 3:58:29 PM

nberry: Rennteam VIP; Loc: La Jolla, USA , United States; Posts: 13737, Gallery; Registered on: Apr 11, 2002

430 will not be in the US until late April or late May.

I understand the problem is the exchange rate.
However I wonder whether a technical problem could be the culprit. They are still delivery 612's and 575M's to the US. I guess Ferrari has to provide some cars to its US dealers.

I had a Feb delivery date and will be lucky to see the car before June.

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Feb 5, 2005 8:40:36 PM

svtrader1: Veteran; Loc:; Posts: 821, Gallery; Registered on: Oct 17, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Maybe RC was right about the 612's not selling as well as they would've like. And therefore, they are withholding 430's to starve the US market, so they can unload some of the 612's and now, apparently 575m's, too.

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Feb 5, 2005 9:45:58 PM

nberry: Rennteam VIP; Loc: La Jolla, USA , United States; Posts: 13737, Gallery; Registered on: Apr 11, 2002; Reply to: svtrader1

Re: 430 will not be in the US until late April or late May.

Quote:
svtrader1 said:
Maybe RC was right about the 612's not selling as well as they would've like. And therefore, they are withholding 430's to starve the US market, so they can unload some of the 612's and now, apparently 575m's, too.

Actually there is a wait for the 612. The only one I know of which was on a showroom floor for sale was there on consignment and the owner was looking to sell it for $30,000 over MSRP.

Ferrari is starving the 430 market in the US for one reason. The exchange rate. However based on all my readings the exchange rate isn't going to change anytime soon and if anything will get worst.

I wonder whether the same people who recommended to ferrari not to hedge US dollars are the same ones who are telling them to delay deliveries to the US?

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Feb 6, 2005 8:28:12 PM

FelixC: Newbie; Loc: Los Angeles, California; Posts: 44, Gallery; Registered on: Oct 1, 2004; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Quote:
nberry said:
...I wonder whether the same people who recommended to ferrari not to hedge US dollars are the same ones who are telling them to delay deliveries to the US?

I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

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Feb 7, 2005 9:16:09 AM

zzboba: Rennteam Administrator; Loc: Germany; Posts: 3115, Gallery; Registered on: Apr 8, 2002; Reply to: FelixC

Re: 430 will not be in the US until late April or late May.

Quote:
I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers. and to tell them lies about some technical problems while ROW gets the F430 earlier is quite silly as well.

in autocar (UK) it's said that they even shifted the market introduction of the maranello's successor.

they must really be desperate, financially.

but what are they hoping for? dollar exchange rate probably won't rise any time soon as nick said, but they are damaging their customer relationship AND dealer network.

c'mon luca, you can do better!

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Feb 7, 2005 7:30:51 PM

svtrader1: Veteran; Loc:; Posts: 821, Gallery; Registered on: Oct 17, 2003; Reply to: zzboba

Re: 430 will not be in the US until late April or late May.

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers.

***********************************************

I wouldn't trust them to be loyal to US. Look at the Enzo... 399 were built and only 70 made it to their loyal US market. That's 18% not 33%. What gives?

Btw, there are 10 Enzo's for sale at $1.25m each in the US. Outrageous!

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Feb 7, 2005 8:55:04 PM

scud: Co-Pilot; Loc: here , United Kingdom; Posts: 201, Gallery; Registered on: Aug 1, 2004; Reply to: zzboba

Re: 430 will not be in the US until late April or late May.

Quote:
zzboba said:

Quote:
I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers. and to tell them lies about some technical problems while ROW gets the F430 earlier is quite silly as well.

in autocar (UK) it's said that they even shifted the market introduction of the maranello's successor.

they must really be desperate, financially.

but what are they hoping for? dollar exchange rate probably won't rise any time soon as nick said, but they are damaging their customer relationship AND dealer network.

c'mon luca, you can do better!

don't you mean Jean Todt???

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Feb 8, 2005 10:34:56 PM

Jeff (in SF): Pilot; Loc: SF, CA, USA , United States; Posts: 340, Gallery; Registered on: Nov 13, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Quote:
nberry said: I wonder whether the same people who recommended to ferrari not to hedge US dollars are the same ones who are telling them to delay deliveries to the US?

Maybe someone from Ferrari can call Porsche to get a few lessons on how to properly hedge currencies.

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Feb 8, 2005 10:36:40 PM

Jeff (in SF): Pilot; Loc: SF, CA, USA , United States; Posts: 340, Gallery; Registered on: Nov 13, 2003; Reply to: zzboba

Re: 430 will not be in the US until late April or late May.

Quote:
zzboba said:

Quote:
I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers. and to tell them lies about some technical problems while ROW gets the F430 earlier is quite silly as well.

in autocar (UK) it's said that they even shifted the market introduction of the maranello's successor.

they must really be desperate, financially.

but what are they hoping for? dollar exchange rate probably won't rise any time soon as nick said, but they are damaging their customer relationship AND dealer network.

c'mon luca, you can do better!

Are you saying that Ferrari might be screwing their customers to save a few pennies? Nick - this can't be true can it? Ferrari is the antithesis of Porsche and as you've so eloquently reminded us from time to time, Porsche screws its customers, NOT Ferrari!!

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Feb 9, 2005 12:17:38 AM

nberry: Rennteam VIP; Loc: La Jolla, USA , United States; Posts: 13737, Gallery; Registered on: Apr 11, 2002; Reply to: Jeff (in SF)

Re: 430 will not be in the US until late April or late May.

Quote:
Jeff (in SF) said:
Quote:
zzboba said:

Quote:
I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers. and to tell them lies about some technical problems while ROW gets the F430 earlier is quite silly as well.

in autocar (UK) it's said that they even shifted the market introduction of the maranello's successor.

they must really be desperate, financially.

but what are they hoping for? dollar exchange rate probably won't rise any time soon as nick said, but they are damaging their customer relationship AND dealer network.

c'mon luca, you can do better!

Are you saying that Ferrari might be screwing their customers to save a few pennies? Nick - this can't be true can it? Ferrari is the antithesis of Porsche and as you've so eloquently reminded us from time to time, Porsche screws its customers, NOT Ferrari!!

Jeff for once we agree.

I am Ferrari less ( sold it for a hefty profit) and having withdrawal symptoms. If they make me wait much longer, I may join the herd, pinch my nose and buy a Porsche.

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Feb 9, 2005 12:21:45 AM

Carlos from Spain: Rennteam Moderator; Loc: Spain. , Spain; Posts: 21149, Gallery; Registered on: Feb 9, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Mercedes has just post-poned the launch of the new B-Class in the US due to the currency exchange and said it wont be launched there until exchange is substancially better... and they are a big company.

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Feb 9, 2005 1:28:26 AM

ben, lj: Expert; Loc:; Posts: 1373, Gallery; Registered on: Jul 6, 2003; Reply to: zzboba

Re: 430 will not be in the US until late April or late May.

Quote:
zzboba said:

Quote:
I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers. and to tell them lies about some technical problems while ROW gets the F430 earlier is quite silly as well.

in autocar (UK) it's said that they even shifted the market introduction of the maranello's successor.

they must really be desperate, financially.

but what are they hoping for? dollar exchange rate probably won't rise any time soon as nick said, but they are damaging their customer relationship AND dealer network.

c'mon luca, you can do better!

porsche is doing basically the same thing (just for a diff reason) with the CGT in that they are pushing 05 euro allocations into the us so all of 06 can be euro given they won't be subject to the airbag deal in 06 in europe but would in the us (which is why us production is rumored to be over 7/05 instead of 06).

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Feb 9, 2005 1:29:45 AM

ben, lj: Expert; Loc:; Posts: 1373, Gallery; Registered on: Jul 6, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Quote:
nberry said:
Quote:
Jeff (in SF) said:
Quote:
zzboba said:

Quote:
I wonder how much damage they will do to their US dealer network? How many dealers will go under? Don't they know that their mistake of not hedging can not be undone without a price?

not to forget the clients.

the US are buying 1/3 of ferrari production -- to withheld the F430 is a kick in the ass of the most loyal buyers. and to tell them lies about some technical problems while ROW gets the F430 earlier is quite silly as well.

in autocar (UK) it's said that they even shifted the market introduction of the maranello's successor.

they must really be desperate, financially.

but what are they hoping for? dollar exchange rate probably won't rise any time soon as nick said, but they are damaging their customer relationship AND dealer network.

c'mon luca, you can do better!

Are you saying that Ferrari might be screwing their customers to save a few pennies? Nick - this can't be true can it? Ferrari is the antithesis of Porsche and as you've so eloquently reminded us from time to time, Porsche screws its customers, NOT Ferrari!!

Jeff for once we agree. I am Ferrari less ( sold it for a hefty profit) and having withdrawal symptoms. If they make me wait much longer, I may join the herd, pinch my nose and buy a Porsche.

still have a beautiful (but neglected) stradale in the garage to tide you over if you need :-)

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Feb 9, 2005 8:52:47 AM

zzboba: Rennteam Administrator; Loc: Germany; Posts: 3115, Gallery; Registered on: Apr 8, 2002; Reply to: Carlos from Spain

Re: 430 will not be in the US until late April or late May.

Quote:
Mercedes has just post-poned the launch of the new B-Class in the US due to the currency exchange and said it wont be launched there until exchange is substancially better... and they are a big company.

i heard the same.

if even merc and porsche do it, we can't blame a small company like ferrari that much for shifting.

maybe they should just adapt pricing? i bet nick would accept a higher list price if he could get hands on his F430 in february.

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Feb 9, 2005 9:41:33 AM

Carlos from Spain: Rennteam Moderator; Loc: Spain. , Spain; Posts: 21149, Gallery; Registered on: Feb 9, 2003; Reply to: zzboba

Re: 430 will not be in the US until late April or late May.

Thats what I meant too, if Mercedes does it (the US CGT is too limited production to put Porsche in the same bag) then imagine in what situation a small company like Ferrari must be. I as well think they should adapt pricing because they can't go on much further postponing US deliveries, that would cause more damage I think, and the currency is not going to change any day soon.

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Feb 9, 2005 4:55:18 PM

jecey: Junior; Loc: Belgium; Posts: 121, Gallery; Registered on: Dec 31, 2003; Reply to: Carlos from Spain

Re: 430 will not be in the US until late April or late May.

Carlos,
bahhhh ... they don't need Ferrari cars in the US.
They have plenty of cars able to compete with a F430 or a Stradale.
Look the Ford GT, the Corvette, ... Hummer ....

ahahahahahaha
it's a joke.

ok ok ... I shut up my m...th

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Feb 9, 2005 5:48:20 PM

Carlos from Spain: Rennteam Moderator; Loc: Spain. , Spain; Posts: 21149, Gallery; Registered on: Feb 9, 2003; Reply to: jecey

Re: 430 will not be in the US until late April or late May.

Jecey
I can see a few of our american members with an F430 on order making little voo-doo dolls with your name on it and sticking needlies in it right now

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Feb 9, 2005 9:35:47 PM

nberry: Rennteam VIP; Loc: La Jolla, USA , United States; Posts: 13737, Gallery; Registered on: Apr 11, 2002; Reply to: Carlos from Spain

Re: 430 will not be in the US until late April or late May.

Quote:
Carlos from Spain said:
Jecey
I can see a few of our american members with an F430 on order making little voo-doo dolls with your name on it and sticking needlies in it right now

If we can dish it out, we should be able to take it.

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Feb 9, 2005 10:46:52 PM

Carlos from Spain: Rennteam Moderator; Loc: Spain. , Spain; Posts: 21149, Gallery; Registered on: Feb 9, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Quote:
nberry said:
Quote:
Carlos from Spain said:
Jecey
I can see a few of our american members with an F430 on order making little voo-doo dolls with your name on it and sticking needlies in it right now

If we can dish it out, we should be able to take it.

good one Nick!

BTW, any update news from the dealer as to the expected delivery date of your F430? do you have a date or is it postoned indefinately?

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Feb 10, 2005 12:12:51 AM

nberry: Rennteam VIP; Loc: La Jolla, USA , United States; Posts: 13737, Gallery; Registered on: Apr 11, 2002; Reply to: Carlos from Spain

Re: 430 will not be in the US until late April or late May.

Quote:
Carlos from Spain said:
Quote:
nberry said:
Quote:
Carlos from Spain said:
Jecey
I can see a few of our american members with an F430 on order making little voo-doo dolls with your name on it and sticking needlies in it right now

If we can dish it out, we should be able to take it.

good one Nick!

BTW, any update news from the dealer as to the expected delivery date of your F430? do you have a date or is it postoned indefinately?

Since my order late last year the dealer has not received any new allocations. The very few cars they entered into the Ferrari system have remained at Stage 10 basically meaning that the order has been received materials being assembled but not acted upon.

There is some conjcture that possibly a few have been built but not shipped. I have to believe Ferrari is in a serious quandry as to what to do. They just cannot have the dealer network left hanging like this, yet they cannot ship cars and presumably loss money on each one. This is not good for US customers nor for Ferrari.

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Feb 10, 2005 7:03:24 AM

Carlos from Spain: Rennteam Moderator; Loc: Spain. , Spain; Posts: 21149, Gallery; Registered on: Feb 9, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Its definately not. The worst part is that nobody knows then for how long are they going to hold them back frim the US market. But they have to make a move soon wether they want to or not.

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Feb 10, 2005 11:37:47 AM

jecey: Junior; Loc: Belgium; Posts: 121, Gallery; Registered on: Dec 31, 2003; Reply to: nberry

Re: 430 will not be in the US until late April or late May.

Quote:
nberry said:
Quote:
Carlos from Spain said:
Jecey
I can see a few of our american members with an F430 on order making little voo-doo dolls with your name on it and sticking needlies in it right now

If we can dish it out, we should be able to take it.

ahhh you american's, always so violent

I will pray for you to get news from Ferrari.
But I agree that it's a shame that they (Ferrari) don't inform their american clients. But I am sure they have set up a strategy, why don't you call Ferrari America ?

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Feb 10, 2005 1:50:29 PM

WCH: Junior; Loc: USA East; Posts: 135, Gallery; Registered on: Nov 4, 2003; Reply to: jecey

Re: 430 will not be in the US until late April or late May.

Why not just raise the price and sell them?

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Feb 10, 2005 2:26:17 PM

jecey: Junior; Loc: Belgium; Posts: 121, Gallery; Registered on: Dec 31, 2003; Reply to: WCH

Re: 430 will not be in the US until late April or late May.

Quote:
WCH said:
Why not just raise the price and sell them?

This is what they wanna do. Only, they create the frustration, and then this price increasewill be more accepted.

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Feb 10, 2005 3:18:52 PM

vtrader: Veteran; Loc: Los Angeles; Posts: 1086, Gallery; Registered on: Jun 6, 2004; Reply to: WCH

Re: 430 will not be in the US until late April or late May.

Quote:
WCH said:
Why not just raise the price and sell them?

Raising prices significantly has the same effect as not shipping. It hurts dealers and customers both and Ferrari also. In an ideal world, prices would increase slow and steady.

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Feb 10, 2005 8:27:10 PM

Carlos from Spain: Rennteam Moderator; Loc: Spain. , Spain; Posts: 21149, Gallery; Registered on: Feb 9, 2003; Reply to: vtrader

Re: 430 will not be in the US until late April or late May.

In this case it only hurts customers cause dealers will sell all their cars anyway since production is so limited, and specially hurt those customers that were counting on trading in their F360 since the price jump will be even greater since they bought the F360 when the dollar was stonger

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