Automobiles

Ferrari's First SUV Gets Name Of 'Purosangue,' 15 Cars To Be Launched By 2022

JAVED SAIFI | 0
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| September 19 , 2018 , 15:03 IST

The Italian luxury sports car making company and a well-known brand around the cosmos for its lavish sports cars, Ferrari has decided to build its first SUV car, media reported on Wednesday.

Ferrari's SUV will be called Purosangue. The decision to make an SUV was taken in the meeting while discussing the company's future plans. 

According to reports, Ferrari CEO Louis Carey Camilleri have given some notable information about the upcoming Ferrari's SUV. Camilleri said that buyers will have a choice of a proper internal-combustion engine or a gas-electric hybrid. The SUV will be capable of all-wheel drive with a double-clutch transmission.

Also Read: Ferrari Car Designer Pininfarina To Make 250 Mph Electric Supercar

Ferrari's first SUV will not sacrifice on the dynamics part that defines its vehicles for its customers. Its engine will be mounted in the front as same as we see in the Mercedes-AMG GT.

Camilleri speaking on the company's future strategy also said that Ferrari will launch 15 new models by 2022. Ferrari's upcoming cars will focus more on style and the driving experience rather than extreme performance to attract new customers.

The company has also adjusted its core earnings forecast to $2.1-2.3 billion by 2022, rather than doubling to $2.3 billion that was promised by late Ferrari boss Sergio Marchionne.