Ferrari

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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De Niro starts the engines on Ferrari film

12:01 am U.S. ET | April 20, 2015

Fans of Enzo Ferrari have waited a long time for a biopic of the great man. Now it appears they'll get their wish -- with Robert De Niro in the lead role....
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FCA has no plans to list other brands after Ferrari

April 16, 2015 13:44 CET

Fiat Chrysler Automobiles has no plans to list any other brand from its portfolio besides luxury unit Ferrari, FCA CEO Sergio Marchionne told a shareholder meeting....
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Why every luxury automaker wants to make a million-dollar car

10:15 am U.S. ET | April 9, 2015

The past few years have seen an explosion of royals and tycoons around the globe who buy entire fleets of supercars -- fueling a race among small and large automakers to build land rockets that costs more than a million dollars.....
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LUCA CIFERRI

While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner....
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India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg....
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Sergio speaks -- about Toledo, Ferrari and self-driving cars

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

In a wide-ranging discussion at the Geneva auto show, Fiat Chrysler Automobiles CEO Sergio Marchionne confirmed that the automaker is mulling a proposal from Toledo, Ohio, to keep Jeep Wrangler production there, said Ferrari would be spun off by year's end, and said prospects for fully autonomous driving are overstated....
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Fiat Chrysler may sell more than 10% of Ferrari in New York IPO

4:57 pm U.S. ET | March 3, 2015

Fiat Chrysler Automobiles may sell a stake exceeding 10 percent when its Ferrari division holds an initial public offering this year, as more investors than expected seek a share of the supercar manufacturer....
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Marchionne raises FCA stake as Ferrari spinoff nears

Feb. 27, 2015 13:53 CET

Fiat Chrysler Automobiles CEO Sergio Marchionne has increased his voting stake in FCA to nearly 1 percent after raising his shareholding in the company by 2.3 million common shares to 14.4 million as the automaker readies to spin off Ferrari....
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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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