Ferrari

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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LUCA CIFERRI

Is Ferrari worth 12 billion euros?

12:01 am U.S. ET | Oct. 31, 2014
Ferrari is worth as much as 12 billion euros on the open market based on Chairman Sergio Marchionne's most optimistic blue-sky estimate. The true value will be a hot topic for months....
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Ferrari spinoff's real winners: Agnelli clan

Oct. 30, 2014 14:31 CET
The real winners in Fiat Chrysler's spinoff of supercar unit Ferrari are Chairman John Elkann and the Agnelli industrial clan he represents, who will be the biggest shareholders of both companies....
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LUCA CIFERRI

Ferrari will go public but remain private

12:01 am U.S. ET | Oct. 30, 2014
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
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Fiat Chrysler to issue $2.5 billion bond

Oct. 29, 2014 15:40 CET
Fiat Chrysler will issue a mandatory convertible bond for $2.5 billion and place up to 100 million of its shares to shore up funding for its 48 billion euro ($61 billion) investment plan....
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Maserati beats Ferrari in Q3 profit on Montezemolo exit

Oct. 29, 2014 18:22 CET
Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo....
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LUCA CIFERRI

Ferrari will go public but remain private

3:40 pm U.S. ET | Oct. 29, 2014
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
Read More »

 

Ferrari fans sue Facebook, carmaker for taking their pages

5:34 pm U.S. ET | Oct. 17, 2014
A Swiss father and his son who gained millions of Facebook followers through their Ferrari fan pages sued the social media company and the carmaker claiming they teamed up to illegally seize control of the websites....
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BMW hires Ferrari's chief engineer

Oct. 8, 2014 10:21 CET
BMW has hired Ferrari's former technical director, Roberto Fedeli, for an as-yet unspecified role. Fedeli joined Ferrari in 1988 and has been responsible for the engineering of all Ferrari cars since 2007....
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Fiat Chrysler won't seek more capital to fund growth plan, Marchionne says

3:57 pm U.S. ET | Oct. 2, 2014
Fiat Chrysler Automobiles has no need for a capital increase to fund its ambitious five-year growth plan, CEO Sergio Marchionne said on Thursday. Marchionne said, however, the board of the newly-merged company would examine all capital-boosting options, including taking on more debt, a mandatory convertible bond and a possible capital increase, at the end of the month....
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2014 PARIS AUTO SHOW

Ferrari will unveil top-performing 458 Speciale

Sept. 30, 2014 10:10 CET
Ferrari will unveil the top-performing convertible version of the mid-engine 458 Speciale sports car range in Paris. The automaker will build just 499 examples of the 458 Speciale A, which has the company's most powerful naturally aspirated engine....
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Sell? Grow? IPO? Marchionne ponders Ferrari's future

12:01 am U.S. ET | Sept. 15, 2014
Sergio Marchionne rules out closer ties between Ferrari and Fiat Chrysler Automobiles as he prepares to take direct control of the independently run Italian sports car maker. But what will the Fiat Chrysler CEO do with Ferrari when he replaces longtime chairman Luca di Montezemolo next month?...
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Ferrari turns to turbos and hybrids

12:01 am U.S. ET | Sept. 15, 2014
Ferrari will continue to refine its lineup with new technologies to reduce its fleet carbon dioxide emissions by 20 percent by 2021....
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Ferrari's profit power

12:01 am U.S. ET | Sept. 15, 2014
Ferrari represents a tiny fraction of Fiat Chrysler Automobiles' sales but a significant part of its profits....
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KEITH CRAIN

Chairman's style was part of Ferrari

12:01 am U.S. ET | Sept. 15, 2014
Ferrari has been a unique brand. So far, it has not followed high-end competitors like Porsche into major volume expansions. Maintaining exclusivity was part of Luca di Montezemolo's vision. That will likely change now that he has resigned....
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Ferrari to launch a 10-unit limited-edition model for the U.S.

3:36 pm U.S. ET | Sept. 12, 2014
Ferrari Chairman Luca Cordero di Montezemolo’s last public act at the helm of the Italian supercar maker will be the unveiling of a limited-edition model destined for the U.S. market only....
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GILLES CASTONGUAY

Montezemolo's Ferrari departure no laughing matter

4:48 am U.S. ET | Sept. 12, 2014
After Ferrari Chairman Luca Cordero di Montezemolo said he will no longer lead the sports car brand, he and Sergio Marchionne made a great show of being good friends, but they weren't fooling anyone....
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Fiat awards Ferrari Chairman Montezemolo 27 million euros severance package

Sept. 11, 2014 09:18 CET
Ferrari Chairman Luca Cordero di Montezemolo will receive a severance package worth nearly 27 million euros ($34.89 million). Montezemolo quit after clashing with Fiat Chrysler CEO Sergio Marchionne over the supercar maker's future....
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Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures....
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LUCA CIFERRI

Montezemolo's magic touch

12:01 am U.S. ET | Sept. 11, 2014
When Ferrari Chairman Luca Cordero di Montezemolo officially steps down next month the supercar maker will lose its No. 1 salesman....
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Marchionne to become Ferrari chairman as Montezemolo quits

Sept. 10, 2014 08:57 CET
Luca Cordero di Montezemolo will step down as chairman of Ferrari as of Oct. 13 and will be replaced by Fiat Chrysler CEO Sergio Marchionne, Fiat said....
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LUCA CIFERRI

Montezemolo's magic touch

7:20 am U.S. ET | Sept. 10, 2014
When Ferrari Chairman Luca Cordero di Montezemolo officially steps down next month the supercar maker will lose its No. 1 salesman....
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Ferrari chief near exit over clash with Marchionne, report says

Sept. 8, 2014 17:44 CET
Ferrari Chairman Luca Cordero di Montezemolo is close to leaving the supercar maker because of a clash over strategy with the brand's parent, Fiat, people familiar with the matter said....
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Fiat's Marchionne criticizes remarks from head of Ferrari

Sept. 8, 2014 11:50 CET
Fiat CEO Sergio Marchionne criticized remarks by Ferrari Chairman Luca Cordero di Montezemolo after newspapers said Montezemolo might head Italy's Alitalia airline....
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Maserati's secret: Chrysler makes its engine blocks

12:01 am U.S. ET | Sept. 8, 2014
During the summer, workers at Chrysler Group's Trenton Engine Complex in suburban Detroit with no fanfare have been machining aluminum 3.0-liter V-6 engine blocks under the supervision of Ferrari engineers. The blocks are being shipped to Italy, where they will be installed into Maserati's flagship Quattroporte and its new, hot-selling entry-level sedan, the Ghibli....
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