Ferrari predicts that 70
per cent of California sales will be to customers new to the marque.
Since the demand for its other models, the F430, the 599 GTB Fiorano
and the 612 Scaglietti, is undiminished, this means an increase in
production of at least 20 per cent. Last year Ferrari sold a record
6,465 cars; in 2009, the first full year of California production,
the total can be expected to exceed 8,000.
The factory at Maranello
has been transformed over the past 10 years from a collection of
artisan workshops to a streamlined ‘citadella’ comprising
startling buildings by well-known architects separated by streets
and boulevards named after Ferrari’s racing champions.
The new facilities were
the vision of Luca di Montezemolo, the Ferrari president who is also
the chairman of the Fiat Group, Ferrari’s controlling shareholder.
When he was appointed president of Ferrari in December 1991, three
years after its founder Enzo Ferrari died, the company was at low
ebb. The Maranello workforce was inefficient, dissatisfied and
increasingly militant. Its equipment and facilities were tired, its
processes inappropriate for the last decade of the 20th century.
Montezemolo set about
changing the company ethos. He devised Formula Uomo, emphasizing man
rather than machine (and resonating with the Formula Uno racing
programme which has always under-pinned Ferrari’s activities).
In this worker-first
scheme, the latest machinery would be installed alongside green
spaces in buildings full of natural light and temperature controlled.
The foundry, previously a dark, hot and potentially dangerous place,
is light, cool and highly automated in its new form.
The theory of Formula
Uomo is that a contended workforce given the best tools available
will provide higher quality products. That quality will increase
demand and profit.
Montezemolo admits that
some aspects, like the zen garden with its reflecting pools on the
first floor of the Product Development Centre designed by
Massimiliano Fuskas, were extravagant. But he believes that they were
worthwhile – indeed, vital – to preserve Ferrari’s reputation
and present itself at the appropriately high level to new customers
in the Middle East and Asia.
The new assembly
building, is the latest phase or Formula Uomo. It was designed by
prize-winning architect Jean Nouvel, and includes suspended rotating
cradles for the cars under construction and component sets
transported silently on magnetically-guided trolleys.
There is also a new staff
restaurant building shaped (by Marco Visconti) to resemble a racing
car aerofoil wing. It produces 3,400 meals a day and also provides an
outside relaxation area on a shaded lawn.
These structures were
included in the 299 million Euros that Ferrari allocated for
investment and research and development in 2007. By any standards,
this is now a very successful company. Last year’s 2007 results
show a 15.35 increase in turnover to 1.66 billion Euro. The trading
profit of 266 million Euro represents a 16% return on sales.
Montezemolo emphasizes
that the planned increase in production is not for economic reasons.
The new assembly lines, he insists, are to make better cars, more
efficiently, rather than increase volume. Some years ago, Montezemolo
said that, to maintain exclusivity, Ferrari production would never
exceed 4,000 cars a year. Now 10,000 seems a prospect.
The change of heart has
come for two reasons. One is geographic, with the emergence of strong
new markets like the Gulf states and China. The other is to reduce
the waiting lists for delivery; Montezemolo wants to bring those down
to a maximum of 18 months.
About 3,000 people work
at Ferrari. Employee services include medical and fitness check-ups,
training courses in languages, computers and management, a range of
mortgages and personal loans at discounted rates and Ferrari Village,
walking distance from the factory, which provides accommodation for
those moving to Maranello from other areas.
The success of Formula
Uomo is clear. In 2006, Ferrari was voted the Best Place to Work in
Italy. Last year it was proclaimed the Best Place to Work in Europe.
The next stage is to show
that, despite making some of the world’s extravagant cars, Ferrari
is intent on its production processes saving energy and protecting
the environment. The introduction of a photovoltaic system to take
advantage of Italy’s summer sunshine and a 17 megawatt
tri-generation plant will produce 25% of the factory’s electricity
needs and reduce its carbon dioxide emissions by 35%.
And this temple to the
motor vehicle is providing 100 bicycles for its staff to get between
buildings along the tree-lined streets of the Maranello campus -
where car parking is absolutely forbidden.
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