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they plan to release 15 new models the announcement comes following the death of former ceo sergio marchionnethis year annette has more from italy. >> it seems ferrari is back to plan after the first appearance of the new ceo which led to choppy market reaction now it seems like ferrari is back on track. they are powering on all cylind cylinders. they are planning on adding a range of new products to the product family, sticking to the profit target and the profitability is planning to even increase from a high level to 2022. let's look at the products they're planning on expanding the product family to also attract customers who want a less aggressive ferrari. so planning to market their first suv ever, which then will be called sorobrad, the name chan translated into english. this will attract customers who want a less aggressive ferrari but the same level of luxury product. so that is the product side and also additionally they want to expand into other luxury segments, but this potential earnings are not factored into the targets yet. so essentially it's a growth story and investors seem