Following the increasing developments of the COVID-19 pandemic, Ferrari has now decided to suspend production in Maranello and Modena with immediate effect.
The COVID-19 virus has led to the Italian automotive giants taking unprecedented action for its employees’ well-being and follows a number of rigorous preventive measures already implemented by the Company to guarantee the highest health standards in light of the Italian Government’s decree on virus issued on March 11, as well as previous decrees.
The Company, that had ensured continued production so far whilst placing employees’ wellbeing as its main priority, is now experiencing the first serious supply chain issues, which no longer allow for continued production.
All non-manufacturing related activity will continue on a regular basis, leveraging the opportunities provided by smart working.
Scuderia Ferrari, in line with manufacturing, has also suspended its operational activities.
Ferrari’s CEO, Louis Camilleri:
“At a time like this, my gratitude goes first and foremost to Ferrari’s women and men who, with their tremendous commitment over the past few days, have demonstrated the passion and dedication that defines our marque. Together with our suppliers, they have ensured the Company’s production. And it is out of our respect for them, for their peace of mind and those of their families that we have decided on this course of action.
“Our clients and fans are also top of mind for us at this time, as we prepare for a strong restart at Maranello and Modena.”
COVID-19 Cancelation Developments
Earlier news revealed that after extensive discussions with all the show’s partners, Clarion Events Ltd had also taken the difficult decision to postpone the forthcoming Practical Classics Classic Car and Restoration Show, with Discovery.
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