Ferrari (NYSE:RACE) Joins European Auto Lobby ACEA

Ferrari (NYSE:RACE) Joins European Auto Lobby ACEA

$RACE Iconic Italian luxury Supercar maker, Ferrari (NYSE:RACE) has become the latest manufacturer to join the European carmakers’ association (ACEA), the auto lobby said Tuesday. ACEA represents manufacturers of passenger cars, vans, trucks and buses with production sites in the EU and provides benchmark data on vehicle registrations. Ferrari’s membership took effect on 1 January, following […]

Ferrari (NYSE:RACE) Has Overtaken the Value of Fiat-Chrysler

Ferrari (NYSE:RACE) Has Overtaken the Value of Fiat-Chrysler

$RACE, $FCAU Ferrari NV (NYSE:RACE) has overtaken its former parent Fiat Chrysler Automobiles NV (NYSE:FCAU) in market cap by about a Billion. Ferrari, which split off from Fiat Chrysler in October 2015 January, has a market value of $30.09-B. Fiat Chrysler’s market cap is smaller at $29.113-B. The gap between the companies is set to […]

Ferrari (NYSE:RACE) to Introduce New GT Car in November

Ferrari (NYSE:RACE) to Introduce New GT Car in November

$RACE The unveiling of a new Ferrari (NYSE:RACE) Supercar is good reason car fans to celebrate. Ferrari has announced that it will be expanding the offerings it has for easier-to-drive GT (grand touring cars). Word of the new GT offering came from Ferrari Chairman John Elkann at Pebble Beach Saturday. The executive also hinted that […]

Ferrari (NYSE:RACE) Will Continue to Limit Supercar Production

Ferrari (NYSE:RACE) Will Continue to Limit Supercar Production

$RACE Italy’s iconic luxury Supercar maker Ferrari NV (NYSE:RACE) will not expand production GT cars, and will not chase rival Porsche’s annual sales volume, Ferrari Chairman John Elkann told a group of classic car enthusiasts gathered the Pebble Beach Concours d’Elegance this weekend. He reiterated that Fiat Chrysler Automobiles ((NYSE:FCAU), of which he is also […]

Tesla’s (NASDAQ:TSLA) Stock at 3 Yr Lows

Tesla’s (NASDAQ:TSLA) Stock at 3 Yr Lows

$TSLA, FCAU, GM FLASH: Tesla’s (NASDAQ:TSLA) stock is at 3 year lows Bernstein analyst Max Warburton says that while there may be some tepid interest in Tesla’s assets, it’s unlikely a European carmaker would buy the company. “What assets are attractive? Tesla no longer has genuinely differentiated tech. The production plant is sub-par. The Gigafactory […]

A Fiat-Chrysler/Renault Merger Will Require “Quite a bit of creativity.”

A Fiat-Chrysler/Renault Merger Will Require “Quite a bit of creativity.”

$FCAU, $RNLSY Fiat Chrysler (NYSE:FCAU) crafted and presented a balanced merger of equals to Renault (NASDAQ:RNLSY) Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s 3rd-biggest automaker. If it goes ahead, the $37-B tie-up would alter the landscape for rivals including General Motors (NYSE:GM) and Peugeot maker PSA Group […]

Ferrari (NYSE:RACE) is a Unique Company, the Market is Beginning to Understand It

Ferrari (NYSE:RACE) is a Unique Company, the Market is Beginning to Understand It

$RACE Ferrari (NYSE:RACE) released their Q-1 earnings early Tuesday morning, and they are Super with EPS/1.08 easily beat EPS/0.88 consensus estimate and, even more impressive, revenues grew by 13%, not minus as analysts predicted. Ferrari’s numbers are not just Super, they are informative on several subjects currently on the minds of investors. I have been […]

Ferrari (NYSE:RACE) Trading Over $125/share

Ferrari (NYSE:RACE) Trading Over $125/share

Ferrari (NYSE:RACE) Trading Over $125/share $RACE Ferrari (NYSE:RACE) shares have been under some pressure lately after the death of Fiat Chrysler Automobiles (NYSE:FCAU) CEO Sergio Marchionne, who had led Ferrari too. Ferrari’s new CEO Louis Camilleri, 63 anni, at a recent press conference, had described ambitious $2.3-B EBITDA (earnings before interest, taxation, depreciation and amortization) […]

Tributes Pour in for Ferrari CEO Marchionne Who Died Tuesday

Tributes Pour in for Ferrari CEO Marchionne Who Died Tuesday

Tributes Pour in for Ferrari CEO Marchionne Who Died Tuesday $RACE, $FCAU Sergio Marchionne, who engineered turnarounds to save both Fiat and Chrysler from near-certain failure, has died at 66 anni. Tributes are pouring in from automotive leaders about Sergio Marchionne’s skill, creativity and determination in saving Chrysler and Fiat from near-certain financial ruin. General […]

Best of the Auto Sector: Fiat-Chrysler (NYSE:FCAU) and Ferrari (NYSE:RACE)

Best of the Auto Sector: Fiat-Chrysler (NYSE:FCAU) and Ferrari (NYSE:RACE)

Best of the Auto Sector: Fiat-Chrysler (NYSE:FCAU) and Ferrari (NYSE:RACE) $RACE, $FCAU, $GM, $F, $TSLA Here at HeffX-LTN we follow the stocks of 4 automakers: Ferrari, Fiat Chrysler, Ford and and Tesla. Fiat-Chrysler with a nearly 90% rise was the Winner for 2017. Ferrari (NYSE:RACE) was 2nd, posting an 80% return. On the year Fiat-Chrysler […]

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) Reports Earnings on 2 August

Ferrari (NYSE:RACE) Reports Earnings on 2 August

Ferrari (NYSE:RACE) Reports Earnings on 2 August $RACE Ferrari (NYSE:RACE) reports Q-2 Y 2017 results before the open Wednesday, 2 August. Last Quarter, the company delivered a positive earnings of 30.19%. It also Beat the Street estimates in each of the trailing 4 Quarters, with an average beat of 31.16%. Looking at what’s coming Wednesday […]

Ferrari (NYSE:RACE) Sticks with V12s, says Boss Sergio Marchionne

Ferrari (NYSE:RACE) Sticks with V12s, says Boss Sergio Marchionne

Ferrari (NYSE:RACE) Sticks with V12’s, says Boss Sergio Marchionne $RACE, $FCAU Sergio Marchionne, the CEO of Fiat Chrysler Automobiles (NYSE:FCAU), has said during a press conference on the Ferrari stand at Geneva that the Italian Supercar maker will stick with naturally-aspirated V12 engines for its range-topping cars. Mr. Marchionne, who has said he will retire […]

Fiat-Chrysler (NYSE:FCAU) Moves Jeep Mexico Production to US

Fiat-Chrysler (NYSE:FCAU) Moves Jeep Mexico Production to US

Fiat-Chrysler (NYSE:FCAU) Moves Jeep Mexico Production to US $FCAU, $F, $GM Fiat Chrysler Automobiles NV (NYSE:FCAU) will invest $1-B toward making 3 new Jeep models in the US, plus a Ram pickup now built in Mexico, as President Elect Donald Trump pressures the auto industry to hire workers and produce vehicles above the border. The […]

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 […]