Fiat selling 10% stake in Ferrari

avdhesh15 · 23rd October 2015, 14:53

OT... but I bought 1 share. Now I can say "I have a Ferrari"

!

GTO · 23rd October 2015, 20:07

Quote:

Originally Posted by avdhesh15

OT... but I bought 1 share. Now I can say "I have a Ferrari"

!

Or better yet, you 'own' Ferrari

. Technically, you are part of the ownership

.

I'm going to buy a token share too.

shyn · 24th October 2015, 23:17

Here's a little video of Ferrari's debut on Wall Street. They sure do know how to do things in style! On display can be seen the entire current line-up and some from the years gone by and also a Formula1 car. Sergio Marchionne rang the NYSE opening bell for the day.

https://youtu.be/yV_9Wh-M9wY

VIPER_SRT · 25th October 2015, 06:35

Quote:

Originally Posted by GTO

Or better yet, you 'own' Ferrari

. Technically, you are part of the ownership

.

I'm going to buy a token share too.

I'm in for a token share too

. I'll sleep on the feeling of owing a bolt or a nut

Tushar · 5th January 2016, 18:03

Fiat Chrysler Automobiles (FCA) has officially announced the separation of Ferrari from the FCA group, with the split going through on January 3, 2016. FCA sold its remaining 80% stake in Ferrari to shareholders, ending decades of control that it held over the iconic Italian exotic car brand.

Link to Team-BHP news article

deetjohn · 6th January 2016, 08:22

We knew this would happen, but it still makes me very sad! Can't imagine Fiat let go of Ferrari for Chrysler.

And its not just a passionate fan of Ferrari talking from the heart. Even the bean counters will agree with me. Take a look at the immediate aftermath giving up on the Prancing Horse.

Fiat selling 10% stake in Ferrari-btag209_ferrar_16u_20160104170307.jpg

Marchionne is now trying hard to form a partnership with GM now. And for good or bad, Mary Barra is having none of it.

Glad Montezemolo left before this circus began.

23rd October 2015, 14:53	#16
avdhesh15 BHPian Join Date: Jan 2014 Location: Mumbai Posts: 908 Thanked: 1,328 Times	Re: Fiat selling 10% stake in Ferrari OT... but I bought 1 share. Now I can say "I have a Ferrari" !
	(3) Thanks

5th January 2016, 18:03	#20
Tushar Senior - BHPian Join Date: Oct 2014 Location: Mumbai Posts: 1,150 Thanked: 8,605 Times	Re: Fiat selling 10% stake in Ferrari Fiat Chrysler Automobiles (FCA) has officially announced the separation of Ferrari from the FCA group, with the split going through on January 3, 2016. FCA sold its remaining 80% stake in Ferrari to shareholders, ending decades of control that it held over the iconic Italian exotic car brand. Link to Team-BHP news article
	(3) Thanks

6th January 2016, 08:22	#21
deetjohn Senior - BHPian Join Date: Sep 2006 Location: Kochi Posts: 4,529 Thanked: 10,594 Times View My Garage	Re: Fiat selling 10% stake in Ferrari We knew this would happen, but it still makes me very sad! Can't imagine Fiat let go of Ferrari for Chrysler. And its not just a passionate fan of Ferrari talking from the heart. Even the bean counters will agree with me. Take a look at the immediate aftermath giving up on the Prancing Horse. Marchionne is now trying hard to form a partnership with GM now. And for good or bad, Mary Barra is having none of it. Glad Montezemolo left before this circus began.
	() Thanks