Italian luxury carmaker Ferrari has reported 10 % rise in its revenues to EUR1.76bn during the initial nine months of 2012 compared to the corresponding period in 2011.
The carmaker's net profit during the period increased 7.6% to EUR152.4m that has been contributed by 6% rise in its worldwide vehicle sales to 5,267 units.
Ferrari's sales in its home market, Italy, declined 49% to 238 cars delivered during the first nine months of 2012 over the same period in 2011.
Ferrari chairman Luca di Montezemolo said: "Once again the exception is Italy where we have witnessed a drop partly due to the economic crisis, but also to a hostile environment for luxury goods which have long been, and continue to be, an important resourcefor the country."
During the period, the Ferrari's sales in the US increased 16% to 1,354 cars, which was 26% of worldwide sales, while its sales in China rose 7% to 566 units.
Sales in Germany, which is claimed to be the Ferrari's largest market in Europe, rose 9% to 534 units compared to the corresponding period last year.
During the initial nine month, sales of Ferrari's 12-cylinder models increased 22%, in addition to rise in sales of the Ferrari California 30 and the 458 Spider.
