Separation of Ferrari from FCA Completed
Jan 3, 2016
LONDON, January 3, 2016 -- Fiat Chrysler Automobiles N.V. ("FCA") and Ferrari N.V. ("Ferrari") announced today that the separation of the Ferrari business from the FCA group was completed on January 3, 2016. FCA shareholders are entitled to receive one common share of Ferrari for every 10 FCA common shares held. In add ... Continue reading
NHTDA RECALLS: December 28, 2015; Subaru, Acura, Ford, Mercedes-Benz, Chevrolet, Ferrari, Mack
Dec 28, 2015
Your vehicle may be involved in a safety recall and may create a safety risk for you or your passengers. Safety defects must be repaired by a dealer at no cost to you. However, if left unrepaired, a potential safety defect in your vehicle could lead to injury or even death. Read this entire email to find out more and l ... Continue reading
Dec 27, 2015
* Rumors abounded this week about a partnership between Ford and Google to develop Autonomous Vehicles. The Consumer Electronics Show in Las Vegas may be the venue for the announcement since Ford CEO Mark Fields is scheduled to be keynote speaker at CES. The show has increasingly become focused on automobile electronic ... Continue reading
FCA and Ferrari Announce Timing and Additional Details of Ferrari Separation
Dec 23, 2015
Fiat Chrysler Automobiles N.V. ("FCA") Ferrari N.V. and FE New N.V.[1] ("Ferrari") today announced the timing and additional details regarding the separation of the Ferrari business from the FCA group (the "Separation"). Upon completion of the Separation, FCA's current equity interest in Ferrari N.V. ("Predecessor Ferr ... Continue reading
Dec 20, 2015
Nutson's Weekly Auto News Digest - December 14-20, 2015; VW Fix, Noisy Ferrari's, Mazda Leads MPG, Tesla Sells Emission Credits, Purdy Driving Home to NAIAS, Rain Man Buick, Jeep Recall ... Continue reading
Dec 15, 2015
Fiat Chrysler Automobiles N.V. ("FCA") announced today that has completed the calculations necessary to determine the number of Ferrari common shares that will be delivered to holders of its 7.875% mandatory convertible securities due 2016. Pursuant to the terms of the Indenture under which the mandatory convertible se ... Continue reading
FCA EGM Approves Separation of Ferrari
Dec 3, 2015
Fiat Chrysler Automobiles N.V. announced today that the resolution proposed to shareholders at the Company's Extraordinary General Meeting of Shareholders ("EGM") held today in Amsterdam was passed. The EGM approved a demerger pursuant to which FCA will transfer all of the shares held by it in Ferrari N.V. to FE Interi ... Continue reading
Ferrari N.V. Signs 2.5 Billlion Syndicated Credit Facility
Nov 30, 2015
Ferrari N.V. (âFerrariâ) announced today that it has entered into a â¬2.5 billion syndicated loan facility with a group of ten bookrunner banks. The facility comprises a bridge loan (the âBridge Loanâ) and a term loan (the âTerm Loanâ) of â¬2 billion in aggregate and a revolving cr ... Continue reading
Ferrari Applies to List Shares on MTA
Nov 23, 2015
Ferrari N.V. and FE New N.V.[1] announced today the filing of the application for the listing, in connection with the planned separation of Ferrari N.V. from Fiat Chrysler Automobiles N.V., of the common shares of Ferrari on the Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A. [1] As part of ... Continue reading
Oct 28, 2015
Austin TX October 26 2015; Of all the races, our new world champion Lewis Hamilton will remember no.43 more than most, if not the most. Taking the title, his third, in gloriously scrappy style by winning the fourth United States Formula 1 Grand Prix, he becomes the first British Champion to successfully defend his titl ... Continue reading
Ferrari Posted a Record Q3 2015 Performance
Oct 28, 2015
Ferrari N.V. (NYSE: RACE) ("Ferrari") today announces its consolidated net revenues and preliminary results2 for the third quarter and the nine months ended September 30, 2015. Shipments were 1,949 units in Q3 2015, up 21% from 1,612 for Q3 2014. The performance was driven by a 33% increase in sales of our 8 cylinder m ... Continue reading
FCA Announces Closing of Ferrari Initial Public Offering
Oct 27, 2015
Fiat Chrysler Automobiles N.V. ("FCA") and its subsidiary Ferrari N.V. ("Ferrari") announced today the closing of Ferrari's initial public offering of 18,892,150 Ferrari common shares at the initial public offering price of $52 per share. The shares sold at closing included the exercise in full of the underwriters' opt ... Continue reading
"FCA Replay" Wraps the Week--October 23, 2015 + VIDEO
Oct 23, 2015
"FCA Replay" is a weekly recap of what's happening at Fiat Chrysler Automobiles. This week's edition includes ratification of new four-year labor agreement between FCA US and the UAW, teaser images for Moparized vehicles to go on display at the 2015 Specialty Equipment Market Association (SEMA) Show in November, Ferrar ... Continue reading
FCA Publishes Agenda for the EGM to Approve the Proposed Separation of Ferrari
Oct 23, 2015
Fiat Chrysler Automobiles N.V. ("FCA") announced today that it has published the agenda and explanatory notes for the Extraordinary General Meeting of Shareholders of FCA ("EGM") to be held on December 3, 2015 in Amsterdam. The EGM is scheduled to approve a demerger pursuant to which FCA would transfer all of the share ... Continue reading
FCA Announces Pricing of Initial Public Offering of Ferrari N.V. Common Shares
Oct 21, 2015
Fiat Chrysler Automobiles N.V. ("FCA") and its subsidiary Ferrari N.V. ("Ferrari ") announce today the pricing of Ferrari's initial public offering of 17,175,000 common shares at an offering price of $ 52 per share for a total offering size of $ 893.1 million ($ 982.4 million if the underwriters exercise the option des ... Continue reading
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