According to reports, Ferrari CEO Benedetto Vigna stated in an interview that the company has reduced the number of vehicle sales in the UK to curb the declining residual values of its luxury models. This measure comes in response to tax policy changes and the departure of wealthy clients following the cessation of non-resident status.
As Ferrari decreases its vehicle supply to the UK, it has also cut back on its investments in the UK market. Sources familiar with the UK market mentioned that Ferrari started significantly reducing supply to the region about six months ago.
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