In deal with India’s Shreyans group,the Italian sportscar maker Ferrari plans to open its first dealership in New Delhi in the upcoming spring, and a second one is scheduled to open in Mumbai in the second half of 2011.
The company, a unit of Fiat, will sell its California, 458 Italia, 599 GTB Fiorani and FF luxury car models. Prices will start at $460,000.
Takeaway: The newly rich in India want boasting rights and now virtually every luxury car maker has some presence in India. I expect until sales to be very low, since many rough Indian roads don’t make it very practical to get your Ferrari onto the highway from your home. But I am sure that the Delhi and Mumbai police will have some surprises on the expressways after midnight :).