Ferrari dies in crash with Porsche sports car September 17, 2021 September 17, 2021 admin

Ferrari, the sports car maker that was the darling of American sports car fans for decades, is going to be the last car in the world to make it to production.

The iconic Italian brand, founded by Enzo Ferrari in 1925, is closing its doors after its fifth consecutive production loss, a loss that will affect every aspect of the industry including the automotive industry.

Ferrari announced Wednesday that it will shut down the sports cars in the 2020 model year and shift production to a new assembly line that will make the F1 and Formula One sports cars.

The announcement comes just weeks after Ford announced it will begin production of the Mustang in 2021.

The closure of the FXX brand, the flagship sports car brand for decades that was sold to the Toyota Motor Corporation in 2001, was one of the most significant financial setbacks in the history of the company.

The closure is expected to have a financial impact on Ferrari sales of some 1.3 million cars and 1.6 million trucks.

Facing a global recession, and a global economic slowdown, the company’s sales have slumped in recent years, falling below a billion dollars last year.

That’s a drop of more than 50 percent compared with 2015.

Fiori has struggled to keep up with global demand for sports cars as the market for luxury cars has been shrinking.

In its last fiscal year, the automaker sold just 4,000 FXX cars.

Ford, the other leading sports carmaker, plans to open its new production line in 2020.

That will be the first time Ford will produce cars in its new assembly facility in Chattanooga, Tennessee, which will be built in partnership with a partner that also produces F-150 trucks and trucks for the U.S. military.

Ford and Ferrari have a history of collaboration.

They built the iconic Ferrari 250 GTO sports car in 1965, a model that has gone on to become a symbol of the automotive revolution.

The first model of the Ferrari 250 was sold in 1966, and the car has been in production ever since.

Ford has also been a major sponsor of Ferrari, and in 2013 it gave the company a $250 million loan guarantee that is expected on top of the $1.3 billion it had already loaned the company for its new F-series sports cars this year.

The loan guarantees are part of a $50 billion deal between the U