Naza confident selling 25 Ferrari this year

Here's about Naza selling 25 Ferrari.

NAZA Italia Sdn Bhd is confident of selling 25 Ferrari units this year, with the bulk of the contribution coming from the newly launched California model.

Its group executive chairman and chief executive officer SM Faisal SM Nasimuddin said the company had secured seven orders for the California model with the first delivery expected within this month.

"We are positive the Ferrari California will be the preferred model for new Ferrari owners," he told reporters at the the launch of the new Ferrari model in Petaling Jaya today.

The new model, with a price tag starting from RM1.7 million, joined Ferrari's eight-cylinder range which is made up mostly of high performance cars, SM Faisal said.

The automotive industry is improving as market sentiment is better than end of last year," he said, adding that many customers had started asking about the new model.

The California model's engine has a total displacement of 4,300cc and a maximum power output of 460hp/338kW at 7,750rpm. It takes less than four seconds to accelerate from 0 to 100 km/h and is able to deliver a blistering 310km/h top speed.