– The 1% Don’t Feel The Weather: Ferrari Posts Record Sales In US; Doubled In Jan (ZeroHedge, Feb 18, 2014):
First Mercedes, then Porsche, and now Ferrari and Maserati post record US sales in January…
- *FERRARI POSTS RECORD SALES IN U.S. AND U.K. IN 2013
- *FERRARI AND MASERATI GLOBAL MORE THAN DOUBLE IN JAN TO 2,400
…a month where the non-1%-auto-makers struggled mightily. Of course, the latter missed expectations are blamed on weather (as opposed to dealer inventories stuffed at record levels, a replacement cycle that has run its course, or a consumer that is once again credit-tapped out). So, the clear findings from this is that the 1% – who are buying more luxury cars than ever before in January – clearly don’t feel the weather…
Obviously not everyone was suffering.