Naza has announced that it will no longer be distributing Ferrari in Malaysia, in a statement to the press, it said that “in the past few years, the NAZA automotive business had reviewed our brand mix to decide on what fits into our business strategy”
“We have agreed to conclude our relationship with Ferrari S.p.A (Ferrari) due to the non-alignment of their expectations to our strategy.”
It added that parting ways with Ferrari was timely as it will now be able to focus on its other brands.
Naza which became the sole distributor of the prancing horse in 2008, said it will continue to provide support to Ferrari for a smooth transition of the business, towards April 2023.
