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Sales ban causes Fiat shares drop
- 23/05/2016
- Posted by: Simon Wait
- Category: News
BBC reports that Fiat Chrysler shares have fallen sharply on the Milan stock exchange after media reports that it could face a sales ban in Germany over accusations that it cheated emissions tests. Its shares fell as much as five per cent in early trading before recovering slightly. At the weekend, Germany's [...] -
Ferrari to float on stock exchange
- 08/07/2015
- Posted by: Simon Wait
- Category: News
Italian supercar creator Ferrari is expected to float on the stock market at the end of the year. It will have a value of ‘at least’ €10bn (£7.1bn) when it is floated, according to Sergio Marchionne, chief executive of Fiat Chrysler, the luxury marque’s owner. The chief executive and architect behind the [...]