Ferrari 458 recalled

Ferrari recalls 458 Italia

Ferrari have recently recalled their 458 Italia supercars – but although disappointing for Ferrari fans, it’s not the big story.  The big story is just how many of these cars are owned by Chinese businessmen….

Ferrari were forced to recall these stunning supercars because five of them recently burst into flames – something to do with some combustible glue on the wheel arch.

Two of them were in China.

Ferrari have only made 1,248 of these cars and famous owners include the likes of Eric Clapton and celebrity chef Gordon Ramsey.

The car costs in the region of 550,000 USD and it would take the average Chinese worker more than 152 years to earn the money to pay for it.

The Ferrari showroom in Beijing is a popular with passers-by who take photos of the cars on their mobile phones .

But, not everyone just stops and stares….

Ferrari sold 220 of their cars in China in 2009 and are predicting that China will be among their top six markets in the next few years.

The Italian company is not the only ones expecting record growth – Masserati, Bugatti, Lamborghini and Aston Martin all have similar predictions.

“China will overtake Italy as the second-biggest market for Lamborghini behind the United States within three to five years,” Lambo CEO Stephan Winkelmann says.

The Chinese auto market has already passed the US in terms of sales to become the world’s largest auto consumer nation.

There are sixty-four billionaires and a 477,000 millionaires in China – a figure that is growing at a rapid rate.
These wealthy Chinese have such a desire for luxury brands – experts are predicting it won’t be long before the Chinese market overtakes the west not just in terms of sports cars but all luxury goods.

In case you’re wondering what happened to the unlucky Ferrari owners who’s cars went up in smoke – they’ll be replaced free of charge.

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