Ferrari's Luce, its first electric car and one of its most polarizing models, is fully allocated for its 2027 production run, CEO Benedetto Vigna said, meaning every planned car already has a buyer. The five-seater, designed by Jony Ive, starts at about $615,000 and is expected to begin deliveries in the fourth quarter; Ferrari has not disclosed its production volume, while the Financial Times, citing unnamed sources, reported plans to sell just under 500 units this year. Customizations accounted for more than 21% of revenue from cars and spare parts and helped boost profits. In the third quarter, revenue rose 7% to €1.9 billion and net income rose 13% to €431 million, and Ferrari raised its full-year adjusted earnings outlook to at least €3 billion ($3.36 billion), from €2.97 billion.
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