Ferrari

Ferrari retools FF four-seat grand tourer as GTC4Lusso

12:01 am U.S. ET | Feb. 9, 2016

Ferrari is renaming its FF four-seat coupe as the GTC4Lusso and adding rear-wheel steering to boost the appeal of a model launched five years ago as a practical ultraluxury sports car aimed at wealthy families.... Read More »

Ferrari's 'family' car gets new name, more power

Feb. 8, 2016 15:41 CET

Ferrari is renaming its FF four-seat coupe as the GTC4Lusso and adding rear-wheel steering to boost the appeal of a model launched five years ago as a practical ultraluxury sports car aimed at wealthy families.... Read More »

Alfa Romeo, Maserati get new tech chief amid product launch delays

Feb. 5, 2016 11:53 CET

Fiat Chrysler has lured former Ferrari chief engineer Roberto Fedeli back from BMW as the automaker faces technical challenges that have delayed the Alfa Romeo Giulia and Maserati Levante launches. Fedeli will be chief technical officer for both Alfa and Maserati.... Read More »

Ferrari shares slump to record low after saying sales growth will slow

3:33 pm U.S. ET | Feb. 2, 2016

Ferrari said sales growth will probably slow down in its first full year of independence from Fiat Chrysler Automobiles, sending the shares to their lowest level since the supercar maker's Oct. 21 initial public offering in New York.... Read More »

Ferrari's new independence increases pressure to grow

Jan. 14, 2016 11:48 CET

Ferrari once capped annual production at about 7,000 cars in an effort to maintain the brand's exclusivity. The automaker now says it may lift output beyond its current target of 9,000 in 2019, as it faces the pressures of going it alone without former parent Fiat Chrysler.... Read More »

Ferrari, Porsche gain from Australia car-sales boom

Jan. 9, 2016 06:01 CET

Ferrari and Porsche are among automakers benefiting from a booming Australian car market. Sales of new vehicles in Australia increased to a record to 1.16 million last year, helped by a property boom.... Read More »

Ferrari spinoff puts focus on Marchionne's Fiat Chrysler revamp

Jan. 4, 2016 10:59 CET

Fiat Chrysler CEO Sergio Marchionne is about to find out what it's like to run the business without the fat profits from Ferrari. Fiat Chrysler on Sunday distributed to shareholders its remaining 80 percent stake in the supercar maker.... Read More »

FERRARI

Ready to fly solo

12:01 am U.S. ET | Jan. 4, 2016

After almost 50 years as a Fiat subsidiary, the storied brand will be completely spun off this month, becoming a family-controlled company (the Agnelli-Elkann family will control 24%, and the son of founder Enzo Ferrari, Piero Ferrari, will own 10%).... Read More »

Ferrari recalls 185 California T vehicles due to fuel leak risk

8:25 am U.S. ET | Dec. 26, 2015

Ferrari North America is recalling some 2016 California T vehicles due to the risk of a fuel leak in the engine compartment, according to a U.S. notice on Friday.... Read More »

Top two Ferrari investors sign pact over voting rights

Dec. 24, 2015 11:05 CET

The top two investors in Ferrari, the Agnelli family and Piero Ferrari, have signed a shareholder pact giving them a total voting power of nearly 50 percent to keep firm grip on the sports car maker after it separates from Fiat Chrysler.... Read More »

Mahindra seeks styling prestige with Pininifarina purchase

Dec. 15, 2015 11:43 CET

Mahindra's purchase of Pininfarina provides instant styling prestige to the Indian manufacturer's push to move beyond its roots in tractors and SUVs.... Read More »

Alfa Romeo could return to Formula One racing, Marchionne says

Dec. 15, 2015 13:20 CET

Fiat Chrysler could bring the Alfa Romeo brand back to Formula One as a competitor to Ferrari, CEO Sergio Marchionne said.... Read More »

Fiat Chrysler to focus on growth plan as GM merger hopes fade

10:01 am U.S. ET | Dec. 3, 2015

Fiat Chrysler Automobiles does not plan a hostile bid for rival General Motors at the moment and will focus on executing its growth plan to 2018 until the right and willing partner is found, CEO Sergio Marchionne said.... Read More »

Fiat Chrysler shareholders approve Ferrari spinoff

Dec. 3, 2015 13:57 CET

Fiat Chrysler investors voted overwhelmingly to approve the spinoff of Ferrari to raise cash and reduce debt at the group.... Read More »

Ferrari completes funding deal worth 2.5 billion euros

Nov. 30, 2015 15:42 CET

Ferrari has signed contracts to raise 2.5 billion euros that it will use in part to refinance debt owed to Fiat Chrysler as it moves toward separation from its parent company.... Read More »

EU plans report on car CO2 by end of week, source says

Nov. 24, 2015 09:54 CET

The EU plans to present a report by the end of this week on CO2 emissions from cars, according to an official with knowledge of the issue. The document will include data on pollution by automakers with the exception of Volkswagen Group.... Read More »

LETTER TO THE EDITOR

Piero Ferrari is 'rightly rewarded'

12:01 am U.S. ET | Nov. 2, 2015

I was with Piero Ferrari recently photographing my Ferrari 290 MM at the factory. Piero has not changed at all. He is a wonderful, gentle man with so many fantastic stories.... Read More »

Ferrari Q3 earnings jump on higher vehicle shipments

Oct. 28, 2015 15:06 CET

Ferrari reported a 22 percent rise in third-quarter adjusted core profit as a jump in vehicle shipments offset lower sales of engines to sister brand Maserati.... Read More »

Ferrari-Maserati casino dealership reopens in downtown Las Vegas

3:36 pm U.S. ET | Oct. 22, 2015

The Ferrari-Maserati dealership formerly located inside the Wynn Las Vegas casino and hotel has been purchased by a downtown Vegas luxury car dealership.... Read More »

Ferrari's first families aim to make takeover of supercar builder impossible

Oct. 22, 2015 10:54 CET

Piero Ferrari, the son of Ferrari founder Enzo Ferrari, and the Agnelli family, who control Fiat Chrysler, plan to make any potential takeover of Ferrari virtually impossible even after the company's initial public offering.... Read More »

Ferrari shares RACE ahead on Wall Street debut

1:15 pm U.S. ET | Oct. 21, 2015

Ferrari shares, trading under the ticker symbol RACE, jumped 15 percent to $60 on its Wall Street debut today after the Italian supercar maker priced its share offering at the top of the range amid heavy investor demand.... Read More »

Ferrari raises $893 million pricing IPO shares at top of range

Oct. 21, 2015 11:14 CET

Ferrari raised $893 million in its U.S. initial public offering, pricing the shares at the top end of the marketed range after strong investor demand. Parent Fiat Chrysler is selling a 9 percent stake in the brand and will distribute its remaining 80 percent stake to its own investors early next year.... Read More »

Ferrari faithful drive IPO stock price after $893 million raised

5:12 pm U.S. ET | Oct. 20, 2015

Ferrari priced its initial public offering at the top of expectations, raising $893 million, as drivers enamored with the luxury sports car maker snapped up its shares alongside institutional investors, defying a choppy market. Ferrari pulled out all the stops to market itself to some of its owners as well as Wall Street.... Read More »

Ferrari's shares won't come cheap or easily as expected IPO price rises

1:17 pm U.S. ET | Oct. 20, 2015

Demand could outstrip supply on Ferrari's initial public stock offering later today, and the shares may price at the top of an indicated range of $48-52 per share, people close to the matter said.... Read More »

COMMENTARY

No airs for billionaire Ferrari son

12:01 am U.S. ET | Oct. 19, 2015

Piero Ferrari inherited the stake his late father retained in Ferrari S.p.A. after Fiat bought half of the company nearly 50 years ago. He now owns 10 percent of Ferrari, enough to make him a billionaire as FCA begins the process of selling a near 10 percent stake in Ferrari to Wall Street investors.... Read More »

 
Why a PSA-FCA merger should happen - but won't


12:01 am U.S. ET | May 4 2016

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Fiat Chrysler has been actively seeking a merger partner since September 2014 and a possible combina ...
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Lightweighting push puts pressure on leather

Nick Gibbs
12:01 am U.S. ET | April 29 2016

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Automakers' growing desire to cut weight from cars wherever they can is significantly boosting sales of an upmarket leather alternative, says the boss of the company that... ...
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VW's other headache: workers' demand for a 5% pay hike

Christiaan Hetzner
4:06 am U.S. ET | April 20 2016

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Volkswagen has enough money to cover the costs of its emissions-rigging scandal. ...
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VW's tone-deaf management


8:56 am U.S. ET | April 13 2016

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In view of Volkswagen's emissions-rigging scandal, it's amazingly tone-deaf and irresponsible that t ...
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Google and Apple can be good for industry, Renault-Nissan connectivity chief says

Bruce Gain
12:01 am U.S. ET | April 13 2016

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Are Google and Apple enablers or disruptors? A little of both, says Ogi Redzic, Renault-Nissan's head of connected vehicles and mobility services. ...
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Will the Mercedes pickup truck be called X class?

Jay Ramey
12:01 am U.S. ET | April 8 2016

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Mercedes will preview its upcoming pickup truck at the Paris auto show this autumn, according to a m ...
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Bo Andersson shares lessons learned at Lada

Nick Gibbs
12:01 am U.S. ET | April 7 2016

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Bo Andersson, the departing CEO of Lada maker AvtoVAZ, used his farewell email to say he was “ ...
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Is CNG the future? Yes, but…

Luca Ciferri
12:01 am U.S. ET | April 6 2016

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Rinaldo Rinolfi, one of the fathers of the common-rail diesel, and a true powertrain guru, is someon ...
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PSA demonstrates realistic way of measuring fuel economy

Nick Gibbs
12:01 am U.S. ET | April 2 2016

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PSA says it aims to win back trust from consumers in the wake of VW's emissions-cheating scandal by ...
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VW's Seat profit is actually a loss

Christiaan Hetzner
5:29 am U.S. ET | March 23 2016

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When is making a profit actually a loss? When you're the accountant at VW Group's underperforming Se ...
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2015 Assembly map
 
Newsletters & Alerts
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German car sales rose 8% in April, adding to France, Italy, Spain gains
German new-car registrations rose 8 percent in April, joining robust growth in France, Italy and Spa ...
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French car sales rise nearly 7% in April
French new-car sales rose nearly 7 percent in April, boosted by strong gains at foreign automakers i ...
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European car sales rise 6% in March but VW brand dips
European new-car sales rose nearly 6 percent last month despite a fall in sales for Volkswagen's cor ...
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Russia's March car sales drop 10% as decline slows
New-car sales in Russia fell 10 percent in March, the smallest decline in 15 months, causing a leadi ...
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Western Europe car sales rise 5% in March
Western European car sales rose 5.2 percent in March on strong growth in the UK, France and Italy. F ...
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VW brand trails rivals as Europe sales rise 14% in February
European new-car sales rose 14 percent in February, but Volkswagen lost market share for the sixth m ...
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Nissan Qashqai, Audi Q3 lead continued sales surge for SUVs in Europe
Sales of SUVs and crossovers surged 22 percent in Europe last year, outpacing the overall market's 8 ...
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Western Europe car sales rose 14% in February
Western European car sales rose 14 percent in February as key regional markets reported double-digit ...
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European car sales rise 6% in January but VW share hit by diesel scandal
European car sales rose 6.3 percent last month, although Volkswagen, the region's No. ...
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Why French and Germans still believe in the compact minivan sector
Compact minivan sales remain valuable to French and German automakers even though more brands are qu ...
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PSA's marketing revamp will be headed by Renault veteran
PSA Group's new head of sales and marketing, Stephen Norman, will lead an overhaul of the automaker' ...
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Porsche development chief Hatz to leave company
Porsche said its development chief, Wolfgang Hatz, has left the company amid parent VW Group's emiss ...
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BMW promotes Petter Witt to N.A. vice president of operations
BMW has rewarded a regional manager who “fully embraced” the automaker's efforts to create its Future Retail dealership standards. ...
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IAC promotes two execs to head N.A., Europe operations
International Automotive Components named Maurice Sessel and Kelli Carney to run its North American and European operations, respectively. ...
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Mini appoints new head of Americas
David Duncan, head of Mini of the Americas, will take on a new role as head of BMW Group's corporate and special sales. ...
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Renault names new finance chief as Thormann retires due to poor health
Renault finance director Dominique Thormann is retiring for health reasons. He will be succeeded by Clotilde Delbos, currently a senior vice president at the automaker. ...
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Renault picks company veteran to head Dacia
Renault named veteran executive Yves Caracatzanis as head of its Dacia low-cost brand in Romania. ...
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PSA promotes Italy chief to run Changan JV in China
PSA/Peugeot-Citroen named veteran manager Olivier Mornet as president of its Chongqing Changan Auto ...
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GM appoints veteran Brazilian executive as Europe engineering chief
GM named Brazilian national William Bertagni as head of its European vehicle engineering unit. Berta ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Kia renews Sportage but drops the price
Kia has reduced the price of its new Sportage in the key German market even though the SUV is roomie ...
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Audi focuses on battery to make Q7 e-tron stand out from plug-in rivals
Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that ...
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Subaru wants Levorg to help brand forget losing Legacy
Subaru expects its new Levorg station wagon to have success in Europe that eluded the vehicle it rep ...
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SsangYong adds diesel, awd to Tivoli SUV
SsangYong hopes the addition of a diesel engine will boost sales of its Tivoli in Europe's booming s ...
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Range Rover Evoque convertible is not a 'niche too far'
Land Rover says its Range Rover Evoque created a new niche for sporty premium compact SUVs when the ...
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Hyundai Tucson gets big boost from Europe's SUV boom
Hyundai expects the Tucson to change perceptions of the brand in Europe, thanks to its bolder design ...
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Product launches follow a faster cadence
New model launches are getting faster, more frequent and less certain. They also might be a lot fart ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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Suppliers to the new Jaguar XF
Assembly of the second-generation Jaguar XF began in June 2015 at Jaguar Land Rover's factory in Cas ...
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Suppliers to the new Audi Q7
Assembly of the second-generation Audi Q7 began in February 2015 at the German automaker's factory i ...
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