Chinese women driving new Ferrari sales?
 

<p>Filed under: <a href="http://www.autoblog.com/category/sports/" rel="tag">Performance</a>, <a href="http://www.autoblog.com/category/china/" rel="tag">China</a>, <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a>, <a href="http://www.autoblog.com/category/ferrari/" rel="tag">Ferrari</a>, <a href="http://www.autoblog.com/category/luxury/" rel="tag">Luxury</a></p><a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/#2887375"><img vspace="4" hspace="0" border="1" alt="" src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/ferrari-599xx-630.jpg" /></a>
<div style="text-align: center;"><em><strong><sma ll>Ferrari 599XX at Miller Motorsports Park - Click above for high-res image gallery</small></strong></em></div>
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It looks like Ferrari's love affair with China isn't one-sided. According to a recent report, the Prancing Horse moved a total of 220 cars in China last year, and of those, 20 percent were snapped up by well-to-do women. That means China's ladies are buying <a href="http://www.autoblog.com/make/ferrari/">Ferraris</a> at four times the rate of their western counterparts. Why? It all has to do with business.<br />
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<a href="http://www.autoblog.com/2010/04/23/lord-of-the-ring-ferrari-breaks-the-7-minute-nurburgring-barri/">Ferrari</a> says there are somewhere between 400-500 millionaires in China and that a fair portion of those are women who have earned their money by building and operating competitive businesses. They've got cash, and they want the toys that come with it. <br />
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Interestingly enough, the company also said that the average age of a Chinese Ferrari buyer is 10 years younger than in Europe or North America. If you were looking for proof that the automotive industry is shifting its focus from the west, look no further.<br />
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<div class="postgallery"><p><s trong>Gallery: <a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/">Ferrari 599XX at Miller Motorsports Park</a></strong></p><a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/#2887375"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/01ferrari599xxmmp2010_thu mbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/#2887376"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/02ferrari599xxmmp2010_thu mbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/#2887378"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/03ferrari599xxmmp2010_thu mbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/#2887379"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/04ferrari599xxmmp2010_thu mbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/ferrari-599xx-at-miller-motorsports-park/#2887380"><img src="http://www.blogcdn.com/www.autoblog.com/media/2010/04/05ferrari599xxmmp2010_thu mbnail.jpg" alt="" title="" /></a></div><br />
[Source: <a href="http://www.goauto.com.au/mellor/mellor.nsf/story2/F02BDA2C122478DDCA2577110 01BD5A6">Go Auto</a>]<p style="padding:5px;backgr ound:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2010/04/26/chinese-women-driving-new-ferrari-sales/">Chinese women driving new Ferrari sales?</a> originally appeared on <a href="http://www.autoblog.com">Autoblo g</a> on Mon, 26 Apr 2010 16:39:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2010/04/26/chinese-women-driving-new-ferrari-sales/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/19454119/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2010/04/26/chinese-women-driving-new-ferrari-sales/#comments" title="View reader comments on this entry">Comments</a>

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