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Ferrari

Ferrari To List On New York Stock Exhchange

1957 Ferrari expected to break world record at Paris auction

The extraordinary high price was due to its extensive race history, which includes a world championship title. The supercar is expected to sell for more than $34 million in Retromobile Classic Car show in Paris, one of the most prestigious salons for car enthusiasts.

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Sergio Marchionne (R)

Ferrari shares rev up in market debut but shift to low gear a week later

Fiat Chrysler Automobiles (FCA), the Italian-US automobile company being the parent company of Ferrari, floated to the public 17.18 million shares accounting for nearly 10% of Ferrari at $52 a share at its IPO at the NYSE.

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Ferrari

Ferrari prices IPO at $52 per share, bringing its market capitalization to $9.8Bn

Ferrari priced on Tuesday its initial public offering at $52 giving the high-end car manufacturer a market capitalization of about $9.8 billion.

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Ferrari

Ferrari needs better strategy to attract more investors

The Italian luxury sports car maker, Ferrari will debut on Wall Street soon and it is expected to create a buzz for its IPO. However, investors are concerned with the long-term return from the company as the company is known for its product capped and high research cost.

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VW Beetle Fender

VW owners are in danger - study

German car manufacturer Volkswagen placed thousands of car owners at risk of being electronically hacked by blocking the results of a white hat study about the security of their vehicles' electronic systems in European courts.

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Ferrari Formula One

Racing team success could be winning formula for Ferrari IPO

Ferrari's timely return to the front row of the Formula One grid bodes well for the luxury sportscar maker as it prepares to list shares and split from parent Fiat Chrysler Automobiles. (FCHA.MI) (FCAU.N)

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Sergio Marchionne

Fiat Chrysler CEO says met with Tesla, Apple CEOs

Fiat Chrysler Chief Executive Sergio Marchionne said on Saturday that he had visited the heads of Tesla Motors Inc and Apple Inc during a recent trip to California.

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Ferrari

Fiat Chrysler has no plans to list any other brand besides Ferrari: CEO

Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) has no plans to list any other brand from its portfolio besides luxury unit Ferrari, FCA Chief Executive Sergio Marchionne told a shareholder meeting on Thursday.

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Sergio Marchionne

Fiat Chrysler's Marchionne earned 31.3 million euros in 2014

Fiat Chrysler Automobiles (FCAU.N) (FCHA.MI) Chief Executive Sergio Marchionne earned 31.3 million euros ($34 million) last year, including a bonus for cementing a deal that created the world's seventh-largest carmaker, a regulatory filing showed.

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Exclusive exotic vehicles

Car collectors seek one-off models in quest for exclusivity

Martin Kapp gestures towards the sleek red Italian sports car standing in his barn in the heart of Germany, secure in the knowledge there is not another exactly like it in the world.

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Ferrari

Fiat Chrysler says no plan to move Ferrari's tax base outside Italy

Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) has denied a media report saying it was considering a move in the tax residence of its Ferrari luxury sportscar unit outside Italy.

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Fiat Chrysler Automobiles

Fiat Chrysler meets US investors after launching bond, share offers

Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) began meeting U.S. investors on Friday after launching a $2.5 billion convertible bond issue and a share sale to reduce its debt pile and fund an ambitious investment plan.

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Ferrari

Fiat Chrysler to spin off Ferrari, issue $2.5 billion convertible bond

Fiat Chrysler Automobiles (FCA) (FCAU.N) said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan.

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BMW

BMW hires Ferrari's former chief engineer to polish tech prowess

BMW (BMWG.DE) has hired Ferrari's former chief engineer as it seeks to strengthen its technical prowess amid intensifying competition with rival German luxury carmakers Audi and Mercedes-Benz.

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Apple CarPlay

Apple launches CarPlay feature for in-car iPhone use

Cupertino, US-based tech giant Apple launched its new CarPlay feature for safer in-car iPhone use, which will be integrated first into Ferrari, Mercedes-Benz, and Volvo vehicles.

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