Ferrari to Sell Cars in India .
Italy’s Ferrari SpA Thursday said it will start selling its sports cars in India by spring this year, becoming the latest luxury car maker seeking to tap the rising number of wealthy individuals in emerging markets such as China and India.
Ferrari, controlled by industrial group Fiat SpA, will sell car models such as the California, 458 Italia, 599 GTB Fiorano and the latest FF in India via a dealership each in New Delhi and Mumbai, the auto maker said. The two dealerships will add to the some 200 dealerships that Ferrari has in 57 countries.
Owning a Ferrari, however, will be more expensive in India than elsewhere as the federal government levies taxes in excess of 100% on cars that are imported or completely built units, making them twice as expensive than in the country of production.
Ferrari dealerships are all over the Casinos in Macau and Singapore!