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Report – Ferrari Chairman thinks an electric supercar would be “obscene”

Report – Ferrari Chairman thinks an electric supercar would be “obscene”

Well known outspoken executive Sergio Marchionne – chief executive officer of Fiat Chrysler Automobiles and Chairman of Ferrari – hans’t got the greatest opinion about the prospects of an electric Ferrari. While McLaren is actively considering such a hypercar option, Marchionne, a declared non-supporter of electric cars is exceedingly unenthusiastic […]

Report – Alfa Romeo’s SUV might get Stelvio nameplate

Report – Alfa Romeo’s SUV might get Stelvio nameplate

The latest rumor flying around the mill puts Fiat Chrysler Automobiles chief executive officer Sergio Marchionne reportedly confirming Alfa Romeo’s upcoming crossover would be badged as the Stelvio. Apparently the loose lip episode took place while Marchionne was visiting the Cassino factory to reveal the much anticipated Alfa Romeo Giulia […]

Following VW dieselgate, FCA’s Marchionne believes industry consolidation is even more important

Following VW dieselgate, FCA’s Marchionne believes industry consolidation is even more important

Fiat Chrysler Automobiles NV chief executive officer Sergio Marchionne believes Germany’s Volkswagen AG and its massive diesel scandal have showed the world that industry-wide consolidation is desperately needed to lower costs. Marchionne, the outspoken chief executive of FCA and chairman of its soon to become independent luxury sports car maker […]

Report – Ferrari’s IPO is now oversubscribed

Report – Ferrari’s IPO is now oversubscribed

Ferrari NV’s upcoming 10 percent holding initial public offering has seen the interest from investors in the luxury supercar maker higher than the bulk of shares available throughout its price range. According to people that have knowledge of the matter and talked under condition of anonymity with Bloomberg, investor interest […]