Fiat Could Sell Part Of Stake In Ferrari

Posted on by 13

Chrysler’s new owners, Fiat , might not be the most exciting car company in the world for most Americans. However, many don’t know that Fiat owns an 85 percent share of the most iconic exotic sports-car maker in the world, Ferrari.

If these new rumors coming from Il Corriere della Sera are true, Fiat might sell some of its share in Ferrari. Fiat CEO Sergio Marchionne has just cast a huge vote of confidence in Chrysler, as he looks to sell part of Ferrari to get a large stake in the American automaker. Currently, Fiat owns 20 percent of Chrysler, and Marchionne is looking to up that to around 35 percent.

Fiat won’t sell all of Ferrari , but they will drop their stake down to 51 percent. That percentage is worth around $3.1 billion. We doubt that this drop in stake will affect Ferrari’s current lineup, but we will wait and see the effects on their future models.

Source: Rueters

13 comments:

Does it mean that Fiat’s company has a financial problem that’s why their selling some stake in Ferrari? If they think that it would make their business okay then go for it!

I think this production of Fiat is somewhat different from their traditional production..Looking at this car, I can see more of a Ferrari than a typical work of small car manufacturer.

The Ferrari shouldn’t let the Maserati go..

Alright, I’ll bite the bullet and buy the rest of Ferrari. Someone’s got to do it after all. If not me, who?

Not sure how accurate this can be, but IMO the cons outweigh the pros. Specially because Chrysler is in such bad shape and is still producing outdated, medium quality cars. Ford and Chevy are destroying them!!

I guess they really want to get back into the NA market on their on accord desperately.

Ferrari shouldn’t have let Maserati go, they are only too likely to be facing each other as competitors again.

Ferrari shouldn’t have let Maserati go, they are only too likely to be facing each other as competitors again. Alfa on the other hand may finally come back to the US through Maserati distribution channels. Wow, I see a new Italian design war on the horizon, and its going to be an exciting match.

Why they have to do that with Ferrari? Financial Problem?

Alfa on the other hand may finally come back to the US through Maserati distribution channels. Wow, I see a new Italian design war on the horizon, and its going to be an exciting match.

Ferrari shouldn’t have let Maserati go, they are only too likely to be facing each other as competitors again. Alfa on the other hand may finally come back to the US through Maserati distribution channels. Wow, I see a new Italian design war on the horizon, and its going to be an exciting match.

They fired Martin Leach from Maserati today. Too bad I think they both were excellent auto executives. I wonder if this will have any incidence in the law suit that Leach filed against Ford after he resigned from his post as CEO of Ford Europe.

I was’t aware of these facts! Who would say that Fiat owns most of the Ferrari?!

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