Ferrari aiming to resume production in mid-April
Ferrari
Italian supercar firm set to re-open Maranello factory on 14 April
Ferrari is planning to resume production at its Maranello factory on 14 April, a month after work at the plant was suspended due to the coronavirus outbreak in Italy.
The Italian firm suspended production at the facility on 15 March both for the safety of its employees and because of supply chain issues. Maranello is in the Italian region of Emilia-Romagna, which borders Lombardy - the region worst hit by the Covid-19 pandemic in the country.
The shutdown was originally scheduled to last until today (Friday 27 March) - but although the closure has now been extended, Ferrari said in a statement that “subject to supply chain continuity, it now plans to resume production as of 14 April.”
It added: “All activities that can be conducted in smart working will continue to be performed as has been the case in recent weeks. The company will continue to cover all days of absence to those unable to take advantage of this solution.
“Given the huge uncertainty and lack of predictability that the Covid-19 has created, the company is taking all appropriate actions to assure the wellbeing and welfare of its employees and that are deemed to be in the best interest of all stakeholders.”
Ferrari also said it will provide a further update into its financial situation during an investor earnings call on 4 May.
The Agnelli family, whose Exor holding company controls Ferrari, has supported efforts to tackle the Covid-19 outbreak in Italy with a €10 million (£8.85m) donation to the Italian civil protection department.
Exor firms, including Ferrari and Fiat Chrysler Automobiles, also purchased 150 ventilators and arranged for them to be shipped to Italy. Ferrari has also been working with local firms to assist in ventilator production.
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