Ferrari Calls Cryptocurrency Foray a Success

Carmaker will add the payment options in its European dealerships this month after introducing it in the U.S. last year.

Ferrari’s Core Earnings Soar 27%

Increased deliveries of the Portofino M, the 296 GTB and the 812 Competizione models boosted the automaker's first-quarter earnings.

Automakers Shift Production to Autos with Better Profit Margins

Automakers have shifted to selling vehicles with better profit margins in the U.S. as supply chain shortages and shipping concerns dampen production.

Ferrari IPO Filing to Come in Days, Fiat Chrysler CEO Says

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles NV, is close to filing for an initial public offering, Fiat Chrysler Chief Executive Officer Sergio Marchionne said, reports Bloomberg. “We are days away from filing the prospectus,” he told reporters Friday after a panel discussion at the Toronto Global Forum. Debt-laden Fiat ... Read More »

Fiat Chrysler CEO Sees Ferrari IPO Mid 2015

The initial public offering of luxury carmaker Ferrari is expected to happen between the second and the third quarter of 2015, the chief executive of parent Fiat Chrysler Automobiles (FCA) said on Tuesday, reported Reuters. FCA CEO Sergio Marchionne said last month he would spin off Ferrari from the group, sell a 10 percent stake ... Read More »

Ferrari Should Be Valued At $7.3 Billion In IPO, Marchionne Tells Bankers

Ferrari Seeks to End Trademark Dispute