Ferrari is rock solid

Whether the economy is good or not doesn't affect the wealthy

$Ferrari(RACE.US)

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Mercedes-Benz plunges 8% intraday! The company issues profit warning, this year's profit may be "significantly lower" than last year

The European automotive industry is facing unprecedented challenges, with Mercedes-Benz sales slumping. The full-year ROS forecast for adjusted automotive has been revised down from 10%-11% to 7.5%-8.5%, and both Volkswagen and BMW saw a decline in profit margins in the second quarter

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