Ferrari pushing for $12.4 billion valuation in stock offering, report says

4:11 pm U.S. ET | Oct. 8, 2015

Ferrari’s coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as $12.4 billion, people familiar with the matter told Bloomberg....
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Ferrari IPO said to be on track to sell out

2:39 pm U.S. ET | Sept. 30, 2015

Ferrari's ability to sell racy sports cars at high prices has carried over to the company's initial public offering, even as investors unload other auto stocks in response to Volkswagen AG's diesel scandal....
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Ferrari's green 488 GTB

Sept. 23, 2015 06:01 CET

Ferrari's new new turbocharged 488 GTB is more powerful and greener than its predecessor and accelerates from 0-100khp in just 3 seconds....
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With a roar, Ferrari snubs SUV, EV stampede

3:45 am U.S. ET | Sept. 15, 2015

Ferrari plans to stick to making high-end sports cars, avoiding the stampede to market an SUV or an electric model, as the traditional engine growl is part of what customers pay for....
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Ferrari has a new Dino in the works

12:01 am U.S. ET | Sept. 14, 2015

With the 488 Spider that debuts this week at the Frankfurt auto show, Ferrari completes the overhaul of its eight-cylinder model range. Meanwhile, FCA CEO Sergio Marchionne says a smaller model, called Dino internally, is in the works....
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2015 Eurostar winner Luca Cordero di Montezemolo

Sept. 11, 2015 06:01 CET

The executives chosen as 2015 Automotive News Europe Eurostars rose above the rest by pushing their companies to new heights. Former Ferrari and Fiat Group Chairman Luca Cordero di Montezemolo did this throughout his multiple decades as a top industry leader, which is why he is the Lifetime Achievement Eurostar for this year....
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Marchionne's Fiat-GM merger plan may wait for Ferrari spinoff

8:18 am U.S. ET | Sept. 4, 2015

While Fiat Chrysler Automobiles CEO Sergio Marchionne isn't known for his patience, he's likely to wait until next year before making a bid for General Motors after months of talk about the potential of a deal. The spinoff of Ferrari SpA, which is slated for early 2016, could be the catalyst for Marchionne to make an offer for the U.S. automaker....
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Enzo Ferrari's Hollywood horsepower

12:01 am U.S. ET | Aug. 31, 2015

There's something irresistible about the life of Enzo Ferrari that continues to fascinate filmmakers....
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Ferrari considers appointing Marchionne as CEO, report says

Aug. 27, 2015 15:10 CET

Ferrari is considering appointing Sergio Marchionne as CEO after Amedeo Felisa retires from the post in the coming months, sources told Bloomberg. Marchionne is already chairman of Ferrari and CEO of Ferrari owner Fiat Chrysler....
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Ferrari returns to India with California T, new dealers

Aug. 26, 2015 11:40 CET

Ferrari is renewing its Indian market push with two new dealers and the introduction of the California T convertible after terminating earlier dealerships for reasons including dissatisfaction with service levels....
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Ferraris lead the pack at $390 million Pebble Beach car auctions

2:04 pm U.S. ET | Aug. 17, 2015

Ferrari led the pack again. The Italian sports cars accounted for seven of the top 10 sales at auctions in California that fetched $390.6 million....
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Pebble Beach culminates auto-mania week

8:06 am U.S. ET | Aug. 16, 2015

When it began 65 years ago, the Pebble Beach Concours d'Elegance was just a one-day affair. Now the day has become a week. It includes road rallies, races, auctions, displays, seminars, exhibitions, parties and, underpinning it all, marketing....
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Ferrari stock faces soaring Testarossa prices for investor favor

6:19 am U.S. ET | July 24, 2015

Ferrari's upcoming stock listing may struggle for investor attention with competitors in its own ranks. Buying one of the Italian supercars, like a Testarossa, has generated gains that are hard to beat....
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Ferrari IPO filed in New York to raise funds for Fiat Chrysler

July 23, 2015 12:45 CET

Fiat Chrysler Automobiles' plan to raise money for expansion by spinning off Ferrari took a step forward with the automaker filing the unit's initial public offering on the New York Stock Exchange....
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Ferrari files for IPO to raise funds for Fiat Chrysler

8:49 am U.S. ET | July 23, 2015

Fiat Chrysler Automobiles NV's plan to raise money by spinning off Ferrari took a step forward with the automaker filing for the unit's initial public offering on the New York Stock Exchange....
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Ferrari recalls 814 supercars for improper airbag installations

10:51 am U.S. ET | July 17, 2015

Luxury supercar maker Ferrari is recalling 814 vehicles, costing from $200,000 to more than $1.4 million, to fix driver-side airbags that were installed at an improper angle....
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Curse of the $16.5 million Ferrari pits tycoon against an auction house

July 11, 2015 06:15 CET

Following 16 years of lawsuits and ownership claims from Paraguay to Switzerland, the fate of a 1954 Ferrari 375 Plus roadster, which Victoria's Secret founder Les Wexner thought he bought last year for 10.7 million pounds ($16.5 million), is finally coasting toward resolution in a London court....
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Ferrari IPO filing to come in days, Marchionne says

5:11 pm U.S. ET | July 10, 2015

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles, is close to filing for an initial public offering, Fiat Chrysler CEO Sergio Marchionne said....
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Marchionne bets Maserati can replace Ferrari as a prestige profit driver

7:46 am U.S. ET | July 8, 2015

Fiat is spinning off Ferrari later this year, losing its top luxury brand. CEO Sergio Marchionne badly needs Maserati to fill the vacuum....
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Ferrari picks UBS for stock listing, report says

2:58 pm U.S. ET | July 7, 2015

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles, picked UBS Group to help manage its initial public offering in New York later this year, people with knowledge of the matter told Bloomberg....
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Mini, Lexus, BMW stores most-improved in responding to potential buyers

8:18 am U.S. ET | July 6, 2015

Mini, Lexus and BMW dealerships achieved the industry's biggest improvements in building rapport with potential buyers, while Mercedes-Benz stores led the way for a seventh-consecutive year, according to a newly released study....
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Ferrari's value to exceed $11 billion in IPO, Marchionne says

2:04 pm U.S. ET | July 3, 2015

Fiat Chrysler's CEO expects the company's Ferrari supercar unit to be valued "at least" at $11 billion in an initial public offering scheduled for year end....
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Alfa's new sport sedan to get Ferrari V-6 power, report says

10:07 am U.S. ET | June 19, 2015

The new Alfa Romeo sport sedan, which is set to be introduced next week in Italy, is expected to feature a Ferrari-derived V-6 engine under the hood, according to a report....
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Marchionne says he met with Tesla, Apple CEOs

May 10, 2015 11:36 CET

Fiat Chrysler CEO Sergio Marchionne said he had visited the heads of Tesla and Apple during a trip to California. Apple is said to be considering a move into the auto sector with an electric self-driving car....
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FCA delays Ferrari shares distribution, says IPO will happen in third quarter

April 29, 2015 17:56 CET

Fiat Chrysler Automobiles plans an initial public offering for 10 percent of its Ferrari unit in the third quarter but has delayed distributing the remaining stake to FCA shareholders until the start of next year, CFO Richard Palmer said....
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