Ferrari’s (NYSE:RACE) CEO Unlocked the Value in the Iconic Supercar Maker

Ferrari’s (NYSE:RACE) CEO Unlocked the Value in the Iconic Supercar Maker

Ferrari’s (NYSE:RACE) CEO Unlocked the Value in the Iconic Supercar Maker $RACE, $FCAU Investors are misreading CEO Marchionne’s objectives, unlocking value is not his goal; he is trying to ease the Agnelli Family, which controls Ferrari and Fiat-Chrysler (NYSE:FCAU), out of the car business. He is retiring in a few years, and the car business […]

Ferrari (NYSE:RACE) Turns 70 anni in Style at Maranello 

Ferrari (NYSE:RACE) Turns 70 anni in Style at Maranello 

Ferrari (NYSE:RACE) Turns 70 anni in Style at Maranello $RACE, $FCAU This is the Scuderia’s 70th anniversary, and Ferraris are out in force in Italy this weekend to celebrate. Friday, about 500 sports cars gathered in Milan for the motor to Modena, where founder Enzo Ferrari was born, and end with an exclusive party in […]

Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation

Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation

Ferrari (NYSE:RACE) Dips on Profit Taking, Maserati IPO Speculation. $RACE Note: The short interest is extremely low for RACE with fewer than 1% of shares on loan, indicating that investors who seek to profit from falling equity prices are not currently targeting Ferrari. Ferrari (NYSE:RACE) shares gaped lower at the open Thursday as an analyst […]

Ferrari (NYSE:RACE) Facts About the World’s #1 Automotive Brand

Ferrari (NYSE:RACE) Facts About the World’s #1 Automotive Brand

Ferrari (NYSE:RACE) Facts About the World’s #1 Automotive Brand $RACE, $FCAU Ferrari (NYSE:RACE) every street and racing Ferrari has been RWD (rear wheel drive). AWD (all wheel drive) was 1st introduced in the Ferrari FF 4 seater and continued onto their GTC/4 Lusso. Ferrari has never made an SUV and says that it will never […]

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes

Ferrari (NYSE:RACE) Beats, Profits Up Sharply, Stock Spikes $RACE Thursday, Ferrari (NYSE:RACE), the iconic Italian maker of Supersports and racing cars, reported a 60% increase in Q-1 net profit (22% operating profit margin) on strong sales of some of its highest-powered and highest-priced models. Ferrari’s revenue and profit both beat all analyst expectations, and shares […]

RM Sotheby’s (NYSE:BID) Amelia Island Classic Car Auction Report

RM Sotheby’s (NYSE:BID) Amelia Island Classic Car Auction Report

RM Sotheby’s (NYSE:BID) Amelia Island Classic Car Auction Report $BID At the weekend, the RM Sotheby’s Amelia Island Concours d’Elegance sale posts a record $70.9-M in sales, the highest in its history RM Sotheby’s, the world’s largest auction house for investment-quality vehicles, reinforced its clear market leadership this past weekend by generating an outstanding $70.9% […]

Fiat-Chrysler Mulls Adding Electric Vehicles to its Line-up

Fiat-Chrysler Mulls Adding Electric Vehicles to its Line-up

Fiat-Chrysler Mulls Adding Electric Vehicles to its Line-up $FCAM, $TSLA, $VLKAY Fiat-Chrysler’s (NYSE:FCAM) CEO Sergio Marchionne, 64 anni, is considering adding full electric vehicles to the carmaker’s line-up including the Maserati Alfieri sportscar and a small City Car. “I have always thought the economic model that supports Tesla is something that Fiat Chrysler could replicate […]