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Ferrari will build more cars after Marchionne becomes chief


Ferrari will build more cars than previously planned when Sergio Marchionne, CEO of parent Fiat Chrysler Automobiles, takes on the top position at the supercar maker this October. The plan goes against what Luca Cordero di Montezemolo wanted for the brand, as he resigned as Ferrari chairman after 23 years, following a clash with Marchionne. While Montzemelo wanted to limit the ...
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Fiat SpA investor withdrawals below cap, merger with Chrysler can go ahead
Following the August 1 shareholder meeting, when the merger between Fiat SpA and Chrysler Group LLC won approval by two-thirds majority, the only obstacle for the deal was that dissenting ...
Fiat to keep 500 million euro merger limit
Fiat SpA has announced the company has no intentions of calling another shareholders' meeting to axe, raise or modify the already set 500 million euro (397.50 million British pound) cap ...
After Ferrari, Maserati to also cap sales
Although the subsidiary of Italy’s Fiat SpA will not have the same smallish limit as the super car producer, the automaker wants to cap its worldwide sales to retain the ...
Russian officials to become patriotic…again
Have you lately watched the political developments around Vladimir Putin’s moves for Russia? If you are still not convinced he was following the pages of the old – Soviet – ...
Fiat limited in accessing Chrysler’s money, seeks financing unit turned to bank
Because of a cap on dividends and its debt covenants, Fiat’s access to Chrysler’s money is hindered and to address some of its financial problems has asked the Bank of ...
Dacia Duster is one of UK’s least depreciating new cars, CAP says
New figures from leading UK residual value provider, CAP, forecast the Dacia Duster SUV to be one of the least depreciating cars on sale today. According to CAP, a typical Duster ...
Dacia may gain significant market share in the UK, CAP forecasts
Renault's Dacia brand may gain a significant slice of the UK car market, car information experts at CAP forecast. Experts who produce CAP Monitor, which forecasts tomorrow’s used car prices for ...

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