Ferrari to gradually restart operations from Monday

FILE PHOTO: The Ferrari logo is pictured as Ferrari Roma is unveiled during its first world presentation in Rome, Italy, November 14, 2019. REUTERS/Guglielmo Mangiapane

MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) said on Thursday it would restart operations at its Maranello and Modena plants on May 4, when Italy is set start lifting lockdown measures imposed in early March to contain the spread of coronavirus.

Production at the two facilities, both located in Italy’s northern Emilia-Romagna region, will restart “gradually” and return to its full rate on Friday 8 May, Ferrari said.

Reporting by Giulio Piovaccari, editing by Giulia Segreti

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