FCA to Receive US$2.8 Billion from Ferrari; Espresso Machines’ Future Uncertain
Cars

FCA to Receive US$2.8 Billion from Ferrari; Espresso Machines’ Future Uncertain



Less than a month ago, Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne announced his plan to spin off Ferrari, the crown jewel in the Group family for 45 years, into a separate entity and list 10 percent of its shares in the stock market.
Read more »




- Marchionne Says Ferrari Is Worth $15 Billion But Is Not For Sale
Sergio Marchionne, the CEO of Fiat Chrysler Automobiles (FCA), believes Wall Street analysts are drastically underestimating the value of Ferrari, with the executive saying the sports car manufacturer is worth around $15 billion (€10.8 billion),...

- Alfa Romeo Product Plans: Nine Years Of Broken Promises
Earlier today, Mr. Sergio Marchionne laid out Fiat Chrysler Automobiles' (FCA) optimistic product plan bonanza for the next four years, just like the Italian company has been doing annually for all of its brands well before getting its hands on the...

- Alfa Romeo May Become A Standalone Company Within Fiat Chrysler Automobiles
Fiat Chrysler Automobiles boss Sergio Marchionne wants Alfa Romeo to become a standalone company within the group, much like Ferrari and Maserari, as part of his grand scheme to revive the brand. Read more »...

- Marchionne: Fiat And Chrysler Could Merge Into A Single Entity In A Few Years
Speaking at the J.D. Power and Associates International Automotive Roundtable, Fiat and Chrysler CEO Sergio Marchionne today told reporters that the two companies could merge into a single entity based in the U.S. in the near future. Until then, Chrysler...

- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...



Cars








.