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 […]