Ferrari introduces its first hybrid; Abercrombie & Fitch bets smaller is better
Fox Business Briefs: Ferrari introduces its first hybrid, the SF90, which will have 986 horsepower and a top speed of 211 mph making it the most powerful street-legal vehicle the Italian supercar manufacturer has ever made; Abercrombie & Fitch says it’s closing some its large flagship stores and focusing on smaller shops.
Ferrari CEO Louis Camilleri has resigned from the automaker after suffering a reported bout with COVID-19.
Continue Reading Below
The automaker said that Camilleri was leaving the position for personal reasons.