FIAT / Chrysler to Spin Off Ferrari
10-29-2014, 10:31 AM
#4
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Ford should step up, now is the chance!!
10-29-2014, 10:48 AM
#5
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Damn didn't see that coming
10-29-2014, 12:10 PM
#6
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Can't see how that will help FCA...
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10-29-2014, 12:30 PM
#7
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Looks like a convertible bond play. Not sure if FCA is going to spin them off completely.
http://www.reuters.com/article/2014/...0II1DB20141029
http://www.reuters.com/article/2014/...0II1DB20141029
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10-29-2014, 03:00 PM
#9
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This just in....
In order to bolster production numbers and enhance the IPO, the newly created Ferrari will:
1. Have a $65,000 MSRP "Cayman Fighter" Entry Car, rumored to do sub 4 second 0-60 with 185 MPH top end
2. 5 and 7 Passenger SUVs designed by Pininfarina, including V6, V8 and Diesel Options
3. A tractor division will also spring up to compete with Lamborghini
In order to bolster production numbers and enhance the IPO, the newly created Ferrari will:
1. Have a $65,000 MSRP "Cayman Fighter" Entry Car, rumored to do sub 4 second 0-60 with 185 MPH top end
2. 5 and 7 Passenger SUVs designed by Pininfarina, including V6, V8 and Diesel Options
3. A tractor division will also spring up to compete with Lamborghini
10-29-2014, 06:01 PM
#10
Sounds to me like they are just trying to raise some capital. Doesn't look like controlling interest in Ferrari is really in play, and any technology/engineering synergies (if any) with FCA will still exist.
It's like buying a minority interest in an NFL team... just an expensive way to get luxury box tickets.
It's like buying a minority interest in an NFL team... just an expensive way to get luxury box tickets.