Ferrari U.S. Boss Says Mexico Is the New China


Mexico is the next big thing for luxury automakers, Ferrari North America CEO Marco Mattiacci believes. “Mexico is the next China,” the executive said during a discussion about the future of the luxury industry.

According to Mattiacci, the massive growth anticipated in revenue and manufacturing is not necessarily due to Ferrari, but more to the expansion of the auto industry in the last 13 years because of dramatic wealth creation, increased appetite for industry and important investments from abroad.

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