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Tag: ferrari
No airs for billionaire Ferrari son
2015-10-19 09:59:43| Automakers - Topix.net
I was seated next to Piero Ferrari, Enzo's second and only surviving son, on Feb. 28, 2001, in Geneva. The occasion was the induction of the inaugural class of the European Automotive Hall of Fame.
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Ferrari stock demand exceeding supply
2015-10-19 01:39:54| Automakers - Topix.net
As with the Ferrari cars, so it is with shares in the company's initial public offering: When Ferrari has a limited quantity of something to sell, demand far outstrips supply. Investors told banks weeks ago that bids for the $1 billion in stock up to 18.89 million shares would exceed the number of shares available over the entire expected range of $48 to $52.
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Weekly Recap: Ferrari plans to gradually increase production by 2019
2015-10-17 17:32:46| Automakers - Topix.net
Ferrari has long been known for the exclusivity of its performance machines. It's on a different level than Porsche , BMW , and Mercedes .
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Ferrari needs more than racy market debut to stay ahead
2015-10-12 18:36:24| Auto Dealers - Topix.net
Ferrari is being launched as a luxury stock for its Wall Street debut but may struggle to justify such a valuation in the long run given its profit margins and the investment needed to put its prancing horse logo on other products. is offering a 10 percent stake in Ferrari at $48-$52 a share, a price that would give the maker of famous sports cars such as the Testarossa a market capitalisation of up to $9.8 billion.
Ferrari valued at almost US$10 billion for IPO
2015-10-12 00:11:45| Automakers - Topix.net
Fiat Chrysler Automobiles is planning a U.S. stock debut for Ferrari that values the luxury Italian sports carmaker at nearly US$10 billion, according to a filing with U.S. regulators Friday. Ferrari, of the famed "prancing stallion" logo, will make its first steps on Wall Street, expected in late October, after years of rumors.
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