Ferrari had to recall more than 2,000 defective vehicles sold on the Chinese market. A blow for the Italian manufacturer.
the weekend will definitely be bad Ferrari. While the Imola Grand Prix is too complicated for the Scuderia, the queue sales Departmant have to face bad news series. Actually we learn that 2,222 models must be recalled to China due to a problem with the brakes. It would have been a very bad advertisement without Ferrari.
in November of 2021 Initial doubts about Ferrari brakes seen. A concern confirmed last week by Chinese market regulator. Second, a “risk of brake fluid leak” reassembled in various models of the brand. The relevant tools are: Ferrari 458 Italia, 458 Speciale, 458 Speciale A, 458 Spider, 488 GTB and 488 Spider. The problem was reportedly identified by Ferrari and its supplier Bosch. This could be an issue with the brake fluid reservoir not draining properly. Ferrari states that “safety and well-being” customers are the priority of the brand. Despite the brand’s reassuring press releases, Ferrari share price fell 3% last Friday, when the information spread.
This is the second time Ferrari has had to recall its models this year due to a malfunction in the brakes. Indeed, a few weeks ago the Italian manufacturer, Already recalled many models in the United States for the same problem.
Nothing to worry about for the Italian brand
If this recall is not welcome for the prancing horse brand Ferrari be confident in their problem-solving abilities rapidly. In addition, the group is exiting a particularly successful year in 2021 because 4.2 billion euro turnover. Well established especially in the Chinese market. Ferrari sold there 900 vehicles last year. Hundreds more orders are expected. Therefore, the manufacturer is sure of its image in the eyes of its customers. But this gigantic reminder still carries risk cost to manufacturer. Especially since the shortage of raw materials still prevails.