Luxury automobile company Ferrari suspend production in Italy amid coronavirus outbreak

Luxury automobile company Ferrari suspend production in Italy amid coronavirus outbreak

According to Fox News, the automobile maker's operations at the company can continue but parts supply chain cannot support manufacturing any longer.

ANIUpdated: Monday, March 16, 2020, 01:29 PM IST
article-image
Ferrari |

Washington D.C.: Amid a spurt in the cases of coronavirus in Italy, luxury automobile company Ferrari has suspended the production at its two factories in the county from March 16-27.

According to Fox News, the automobile maker's operations at the company can continue but parts supply chain cannot support manufacturing any longer.

This move by Ferrari comes after its major competitor Lamborghini announced a complete shutdown starting from March 13 to 25.

"This measure is an act of social responsibility and high sensibility toward our people, in the extraordinary situation in which we find ourselves right now in Italy and which is also evolving abroad due to the worldwide spread of coronavirus," Fox News quoted Lamborghini Chairman and CEO Stefano Domenicali as saying in a press release.

Italy on Sunday (local time) reported 368 new deaths in the last 24 hours due to coronavirus even as the total death toll due to the deadly virus in the European country rose to 1,809.

The World Health Organisation (WHO) on Friday declared that the epicentre of the coronavirus pandemic has moved from China, where new cases reported have drastically decreased, to Europe, where most countries are seeing a climb in infections and fatalities.

RECENT STORIES

Gold Shines Bright: Jumps ₹400 To Breach ₹74,000 Mark; Silver Hits Fresh Peak

Gold Shines Bright: Jumps ₹400 To Breach ₹74,000 Mark; Silver Hits Fresh Peak

'Ethylene Oxide Presence': Singapore Issues Recall On Everest Fish Curry Masala Due To Harmful...

'Ethylene Oxide Presence': Singapore Issues Recall On Everest Fish Curry Masala Due To Harmful...

Ford Territory Name Trademarked in India, Set to Compete with Mahindra XUV700 and Tata Harrier

Ford Territory Name Trademarked in India, Set to Compete with Mahindra XUV700 and Tata Harrier

5-Month-Old Ekagrah Murty To 'Earn' ₹4.2 Crore From Infosys' Blockbuster Earnings Dividend

5-Month-Old Ekagrah Murty To 'Earn' ₹4.2 Crore From Infosys' Blockbuster Earnings Dividend

'Torn And Taped': X User Shares His Ordeal After SBI ATM At Delhi Airport Dispenses Damaged ₹500...

'Torn And Taped': X User Shares His Ordeal After SBI ATM At Delhi Airport Dispenses Damaged ₹500...