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It's said that Ferrari is considering the model under direction from CEO Sergio Marchionne, who has said in the recent past that Ferrari will not do an SUV.

So we must assume the clever chaps designing flaws out of embryos have been practicing on Ferrari's DNA first, because it seems Sergio has had a change of heart.

The plan could also see Ferrari build more hybrid cats to improve vehicle's efficiency.

And all that said, Marchionne reportedly stated that the Ferrari board still hadn't decided whether or not to build a crossover, so all this talk could be moot.

Ferrari NV (RACE) shares gained in Tuesday morning trading on reports that it was considering a push into utility vehicles.

The 812 Superfast, Ferrari's most powerful model to date that has yet to arrive on the market, already has a waiting list beyond 2018, the company said.

Among projects being evaluated is a four-seat family auto that offers more space than Ferrari's current two-door GTC4Lusso.

The big Ferrari would be targeted at Asian customers, particularly in China, and may alone contribute 2,000 vehicles to annual deliveries, the people said. "It has not been done to compete with Porsche" he said, referencing the German brand's hugely profitable move into the SUV sector with its Cayenne. Instating this plan would breach the storied Italian supercar maker's self-imposed limit of delivering 10,000 cars yearly, an idea thought to potentially diminish the exclusivity and value of Ferrari vehicles. Analysts at Mediobanca SpA, UBS Group AG and Bernstein predict deliveries could jump to as high as 15,000 under a new strategy, which Marchionne hinted he was developing during his first-quarter earnings presentation in May. "Whatever it is, it will be of the same caliber as anything else we have done", he said.

Marchionne, who is also CEO of former parent Fiat Chrysler, is set to present his final plans for both carmakers at the beginning of next year. He intends to retire from the two manufacturers in coming years.


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