MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) is producing specialist valves at its Maranello factory to convert snorkel masks into respirators used to treat coronavirus patients, Chairman John Elkann said on Thursday.

The masks are being delivered this week to hospitals across Italy, Elkann added during the company’s shareholders’ meeting.

The idea of adapting the masks was originally proposed by Italian engineers and is now being used in different countries to meet a surge in the use of these medical devices that are key in saving lives during the pandemic.

Ferrari is producing parts of these valves through its 3D printing technologies, a spokesman for the company said.

Reporting by Giulio Piovaccari, editing by Giulia Segreti

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Amazon’s consumer business head Jeff Wilke to retire

(Reuters) – Inc (AMZN.O) said on Friday Jeff Wilke, chief executive officer of its consumer business, would retire from early next year. Reporting by Akanksha Rana in Bengaluru; Editing by Anil D’Silva Original source: Reuters

Stocks fall after Apple warns on coronavirus impact

TOKYO (Reuters) – Asian shares fell and Wall Street retreated from record highs on Tuesday after Apple Inc (AAPL.O) said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand…

U.S. business investment weak; consumer confidence at five-month high

WASHINGTON (Reuters) – New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth. For…

Major U.S. airlines, unions insist on cash grants from Congress over coronavirus

WASHINGTON/CHICAGO (Reuters) – Chief executives of major U.S. airlines were reaching out to key members of Congress on Saturday in a last-ditch uphill effort to try to win cash grants to weather the coronavirus crisis, warning that the consequences if…