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

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

MILAN, April 29 (Reuters) - Ferrari RACE.MI 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 9863.HK in an interview with Bloomberg TV, Vigna said: "Do we have Chinese suppliers? Yes. Do we buy strategic components form outside? No".

(Reporting by Giulio Piovaccari, editing by Giulia Segreti)

((giulio.piovaccari@thomsonreuters.com))

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