Ferrari's first hybrid 'looks terrific', says Ratan Tata at motor show

feBureau : New Delhi, Tue Mar 19 2013, 12:28 hrs

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Ferrari CEO Luca Cordero di Montezemolo talks to Tata Group chairman emeritus Ratan Tata after viewing the new LaFerrari hybrid car at a motor show - the 83rd Geneva auto show.

Tata pored over every inch of the new million-euro LaFerrari on the Italian supercar maker's stand at the Geneva auto show. Ferrari's first hybrid "looks terrific", said Tata, a close friend of Ferrari chairman Montezemolo. But will he buy one? "I don't have the money," Tata joked. The issue is moot: Every one of the 499 LaFerraris slated for production has already been spoken for. Sergio Marchionne, chief executive of Ferrari's parent company Fiat, says he has reserved one of them.

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