SWOT Ferrari Analysis
Strengths:
- Strong presence in the racing world
- Better manufacturing resulting into acceleration and handling
- Endowed with world class safety
Weaknesses:
- High Price
- Limited potential customer base in some markets
- Limited distribution and service network
- Lack of experience service professionals in many countries
Opportunities:
- Increasing pride in owning Ferrari
- Hybrid and future car segment
- Owners group network to reach potential customers
- Product portfolio to accommodate variants
- The distribution and service network
Threats:
- Various custom policies in some countries making purchase a long produce
- Increasing expectation from customers might not be met
- Products innovations and frugal engineering by competitors