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Ferrari will not buy strategic components from external suppliers, CEO says

Ferrari will not buy strategic components from external suppliers, CEO says

FILE PHOTO: The logo of Ferrari is seen in the headquarters as CEO Benedetto Vigna unveils the company's new long term strategy, in Maranello, Italy, June 15, 2022. Picture taken June 15, 2022. REUTERS/Flavio Lo Scalzo/File photo

MILAN :Ferrari Chief Executive Benedetto Vigna said on Tuesday the Italian luxury sportscar maker would never buy key components for its vehicles from external suppliers.

Asked about speculation over a possible cooperation between Ferrari and Chinese EV maker Leapmotor in an interview with Bloomberg TV, Vigna said: "Do we have Chinese suppliers? Yes. Do we buy strategic components form outside? No".

Source: Reuters
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