Ferrari

Powerful? In this race, Ferrari trails Lego

12:01 am U.S. ET | Feb. 23, 2015

Lego has toppled Ferrari from the top spot as the world's most powerful brand, says a new study. The annual study by consultancy Brand Finance tracks brands on such measures as their familiarity, loyalty, promotion, staff satisfaction and corporate reputation. Lego, the consultancy says, got a boost this past year from The Lego Movie....
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Family owners of Ferrari say they will not sell stake

10:36 am U.S. ET | Feb. 18, 2015

Piero Ferrari, son of the eponymous luxury sports car company's founder Enzo Ferrari, said today he had no intention to sell the 10 percent stake his family owns in the company....
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NEWS ANALYSIS

Can Ferrari really cut it in luxury beyond supercars?

Feb. 14, 2015 06:01 CET

Ferrari faces a battle to persuade investors that it should be priced as a high-flying luxury goods stock. Compared with high-end brands such as Prada, Ferrari's margins are low and it needs heavy investment to make its prancing horse logo a big attraction on exclusive lines besides cars....
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Marchionne says 'beauty contest' for Ferrari IPO is under way

Feb. 11, 2015 09:19 CET

A "beauty contest" is under way to select the banks that will take Ferrari public, said Sergio Marchionne, CEO of the supercar maker's parent, Fiat Chrysler Automobiles....
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Fiat Chrysler stock surge fails to win over skeptical analysts

8:26 am U.S. ET | Feb. 10, 2015

Buoyed by plans to spin off Ferrari, Fiat Chrysler boss Sergio Marchionne has supplanted Tesla Motors' Elon Musk as the CEO with the car industry's best-performing stock. Analyst skepticism is as high as the share price....
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Turbos boost Ferrari's efficiency

12:01 am U.S. ET | Feb. 9, 2015

Ferrari's 488 GTB, which debuts at the Geneva auto show next month, is using turbocharging to boost fuel economy....
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2015 GENEVA AUTO SHOW

Ferrari's new 488 GTB taps turbos to stretch fuel

Feb. 3, 2015 18:14 CET

Ferrari's latest supercar, the 488 GTB, continues the brand's quest to improve fuel economy in its vehicles with turbocharging. The 488 GTB will replace the the 458 Italia, the brand's best-selling model....
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Fiat Chrysler wants to collaborate with other automakers on new vehicles

Jan. 13, 2015 10:56 CET

Fiat Chrysler CEO Sergio Marchionne says his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut CO2 emissions, but he deflected questions on whether FCA was in merger talks....
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Ultra-luxury brands, 3-D car, get star treatment in Detroit

3:16 pm U.S. ET | Jan. 11, 2015

More than 500 guests from all corners of the nation showed up at The Gallery on Saturday night, an exclusive, invite-only event that formally kicks off the Detroit auto show....
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Ferrari spinoff sets up Fiat Chrysler for another deal

Jan. 6, 2015 11:51 CET

Sergio Marchionne may not be finished with deals just yet. After completing the merger of Fiat and Chrysler and announcing a spinoff of Ferrari, the CEO said the industry is still fragmented and ripe for further consolidation....
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FERRARI

Twin turbos on V-8s; hybrid systems on V-12s

12:01 am U.S. ET | Jan. 5, 2015

Ferrari this year will become an independent company....
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Fiat Chrysler says it has no plan to move Ferrari's tax base from Italy

Dec. 11, 2014 16:07 CET

Fiat Chrysler Automobiles denied a report that it is considering moving the tax residence of its Ferrari supercar unit outside Italy. The possibility of the move to save on corporate taxes caused an outcry in its home country....
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Fiat Chrysler sells stock at discount after NY slump

Dec. 11, 2014 11:06 CET

Fiat Chrysler's share sale will carry a discount of 4 percent after the stock plunged the most in New York since the company's October debut. CEO Sergio Marchionne is seeking to raise about $5 billion to counter mounting debt....
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Ferrari said to mull moving fiscal residence outside Italy

Dec. 10, 2014 13:02 CET

Ferrari is considering moving its fiscal residence outside Italy to save on corporate taxes as the supercar maker prepares for its spinoff from Fiat Chrysler Automobiles, sources said....
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Ferrari unleashes 1,050-horsepower hybrid for test-drive customers

7:49 am U.S. ET | Dec. 3, 2014

Ferrari is giving a group of its test-drive customers the chance to try out a 1,050-horsepower hybrid prototype car being unveiled at its annual event celebrating the end of the global auto-racing season this week....
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Fiat Chrysler mulls loyalty scheme in Ferrari spinoff

Nov. 28, 2014 17:36 CET

A loyalty scheme that would increase the voting power of Ferrari shareholders is one option parent Fiat Chrysler Automobiles will consider when it spins off the luxury marque next year, Chairman John Elkann said....
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Fiat Chrysler to stick with Ferrari CEO

Nov. 28, 2014 14:19 CET

Fiat Chrysler has no plans at this stage to replace Amedeo Felisa as CEO of Ferrari, which it is preparing to spin off, FCA Chairman John Elkann said....
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Ferrari spin-off to reduce Fiat Chrysler debt by $894 million

11:57 am U.S. ET | Nov. 26, 2014

Fiat Chrysler Automobiles expects its net industrial debt to drop by about $894 million thanks to a planned Ferrari spin-off, a regulatory filing showed on Wednesday....
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Ferrari names Edwin Fenech head of N.A. unit

4:11 pm U.S. ET | Nov. 20, 2014

Ferrari has named 14-year employee Edwin Fenech as CEO of the premium sports car maker's North American unit....
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Ferrari to provide Fiat Chrysler big pre-spinoff payout

Nov. 13, 2014 18:02 CET

Fiat Chrysler Automobiles expects to get 2.25 billion euros ($2.81 billion) from Ferrari via transactions it will execute before it spins off the supercar maker from the group, a filing with U.S. regulators showed....
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Marchionne expects Ferrari IPO next year

Nov. 11, 2014 16:05 CET

The initial public offering of Ferrari is expected to happen between the second and the third quarter of 2015, said Sergio Marchionne, CEO of parent Fiat Chrysler Automobiles....
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Ex-Ferrari boss Montezemolo picked to be chairman of Italy's Alitalia, report says

10:57 am U.S. ET | Nov. 6, 2014

Alitalia has lined up former Ferrari boss Luca Cordero di Montezemolo as chairman and Etihad Airways CEO James Hogan as his deputy in the new company that will be formed when the Italian airline ties up with the Abu Dhabi-based carrier, two sources close to the matter told Reuters today....
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Marchionne increases his Fiat Chrysler stake to 1%

Nov. 5, 2014 11:11 CET

Fiat Chrysler CEO Sergio Marchionne has increased his stake in the automaker to 1 percent and nearly doubled his voting stake after exercising stock options and cashing in on a share price jump after a plan to spin off Ferrari was unveiled....
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Marchionne gains $13 million with stock sale after Ferrari deal

Nov. 4, 2014 18:42 CET

Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros ($13.4 million) from a surge in the automaker's share price after he announced a plan to spin off Ferrari....
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Ferrari fined $3.5 million by U.S. regulators for not filing reports

11:00 am U.S. ET | Oct. 31, 2014

Fiat Chrysler Automobiles' Ferrari brand has been fined more than $3.5 million for not filing "early warning reports" indicating safety issues with federal safety regulators....
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