Wednesday September 13, 2017
10:29 AM GMT+8

Advertisement

More stories

Enrico Galliera, chief marketing and commercial officer of Ferrari poses next to the new Ferrari Portofino during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters picEnrico Galliera, chief marketing and commercial officer of Ferrari poses next to the new Ferrari Portofino during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters picFRANKFURT, Sept 13 — Ferrari and Volkswagen-owned Lamborghini are working on hybrid versions of their sportscars but have no plans for now to develop wholly electric models, executives at the two companies said at the Frankfurt car show yesterday.

Michael Leiters, chief technology officer at Ferrari, said he could not imagine a fully electric Ferrari sportscar given the current limitations of the technology.

“There is a need for more time, more innovation to get the same performance, and, what’s even more challenging, to get the same driving pleasure that we have today,” he told reporters. “Just think of the sound and things like that which are essential for us. For us the first step is hybridisation.”

The comments were echoed by Stefano Domenicali, the chief executive at rival Lamborghini, who said his company would put energy into developing hybrids, but also seek to fully exploit the potential of its V10 and V12 naturally aspirated engines.

In the Gallery


  • Mercedes CEO Dieter Zetsche and Formula One driver Lewis Hamilton pose during the opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • Dieter Zetsche, CEO of Mercedes car maker Daimler AG presents the new Mercedes S-class models during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • The new Mercedes Concept EQA car is presented during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • A Smart VIsion EQ FourTwo is pictured during the opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • Volkswagen CEO Matthias Mueller attends the opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • Volkswagen id concept-cars are pictured before the opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • An Audi AICON is pictured during the opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • An Audi Elaine is pictured during the opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • The new Audi A8L 55 TFSI Quattro car is presented during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • A Bugatti Zero 400 Zero is pictured during opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • A VW T-Roc is pictured during opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • A Skoda Karoq is pictured during opening of the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • BMW board member Ian Robertson presents the new BMW i3s during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • BMW board member Peter Schwarzenbauer presents the new MINI Electric Concept during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • The new BMW i Vision Dynamics is presented during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • Visitors examine a Porsche Panamera 4S during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • The new Porsche Cayenne car is presented during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

  • The new Ferrari Portofino is displayed during the Frankfurt Motor Show (IAA) September 12, 2017. — Reuters pic

“I don’t see electric to be an immediate development in the super sportscar segment, but hybridization for sure will come, in the next five years for sure,” he told Reuters.

Lamborghini is preparing for the official launch of its first SUV, the Urus, on December 4. Shipments of the new model are expected to start during the summer of next year.

The sports utility vehicle is not only expected to double Lamborghini’s overall annual volumes, which stood at 3,457 last year, but will also give Lamborghini access to new markets such as Russia and India, Domenicali said.

“There are these and other markets where we will enter with this product and believe to be strong,” he said, adding the vehicle would be priced at around €200,000 (RM1 million).

Lamborghini sold a record 2,091 vehicles in the first half of this year. While deliveries in the second half are expected to be slightly lower due to seasonal factors, Domenicali said he expects year-on-year growth for the entire 12 months would be a single-digit percentage, “close to double digits”.

Ferrari yesterday launched the Ferrari Portofino, its new entry level model that will replace the California, and will be sold in Italy at a price of €196,000.

Named after a picturesque village on the Italian coastline, the convertible Portofino is powered by an eight-cylinder GT engine and can reach maximum speeds of over 320km per hour.

Ferrari plans to start deliveries of the car in Europe at the end of the first quarter and in other markets by the summer, said Chief Marketing and Commercial Officer Enrico Galliera.

The initial reaction boded well for sales, he added.

“The reception to the car even before its official launch exceeded our expectations. Almost all the dealers have strong order books for the car already,” he added.

Galliera reiterated Ferrari would never make an SUV like the one developed by Porsche or Maserati “because these aren’t vehicles that represent the sportiness of our cars”. The company also ruled out a self-driving Ferrari.

But Galliera also referred to comments made recently by Ferrari’s chief executive and chairman, Sergio Marchionne, who said the company was working on an entirely novel vehicle.

“It won’t be like anything that’s on the market today so it would be wrong to give it a label,” Galliera said. — Reuters

Trending Videos

Trending Videos

Advertisement

MMO Instagram

Tweets by @themmailonline