Plan Will Reduce Debt, But Not By Much. “Spinning off Ferrari is another clever exercise in value maximization. The structure and timing of the deal is genius” FCA’s Ferrari Move Fiat Chrysler Automobiles (FCA) shocked investors with its decision to float off 10 per cent of storied luxury sports car manufacturer Ferrari and return the […]
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Ferrari Upheaval Likely To Mean Sales Increase, More Models
Ferrari Upheaval Likely To Mean Sales Increase, More Models “Most likely is taking the restriction off of the brand’s output and meet as many orders as possible”. Recent shenanigans at Ferrari mean this exotic Italian sports car maker could soon be raising its output, extending its range, or both. Fiat Chrysler Automobiles (FAC) CEO Sergio […]
Fiat Chrysler Future Clouded By Debt Mountain
Selling Ferrari, Maserati Would Help Clear Decks. “Marchionne is a gambler. He likes to take risks but it’s paid off so far” CEO Sergio Marchionnne has finally nailed down the merger of Fiat and Chrysler and the next stage is creating an organisation fit to challenge global leaders like Toyota, General Motors and Volkswagen. Marchionne’s […]