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Discussion Starter #1
Has anyone else the news that FIAT has sold 34% of it's stake in Ferrari to Mediobanca?? Apparantly, the shares were sold at a cost of 500 million pounds.
 

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Ouch! I don't think having a bank for the parent company will be good for the brand.
 

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Discussion Starter #6
[quote='75 308 GT4 (Peter)]

Its good and bad:

-Good- That it is remaining in Italy, being owned by an Italian company.

-Bad- That the parent-company isn't automotive.[/quote]

I know how you feel Peter, but it was bound to happen. I too worried about all of this, and how it would change my beloved Ferrari. But the sad fact is that FIAT is in trouble!!! It needs money, so this 'hopefully' will help it. At least Ferrari still has an italian soul, and hasn't been 'pawned off' like some other car companies. Yes, GM has an interest in FIAT, but the Ferrari side of things is still handled by FIAT.
 

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Say, me thinks I would buy a share or three of my beloved maker of my car. I will call my stockbroker. Whoops, no. I will buy it myself.
 

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Beg my ignorance, please! Why does this hurt Ferrari as an automobile manufacturer. Will ideas change? New leadership or is this just simply a business deal where those involved don't have an interest in what Ferrari does directly to it's cars?? I'm really just curious...

Forza,

Dane
 

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that's the problem, we don't know.
we hope that it's just a busines deal where they aren't going to interfear with anything
 

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Well, the way I think about it is this: Ferrari was in trouble before financially and Fiat came to the rescue. Ferrari continued to advance and prosper. Maybe I'm a bit optimistic but let's all hope it proves to be realism.

Forza Ferrari,

Dane
 

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Discussion Starter #11
Ferrari continues to make a profit, somewhere around 46 million. It is a small company owned by FIAT. The thing is FIAT is in financial trouble. Their cars aren't selling as well as they use to. The problem I see with outside influences is, that where does the selling stop?? Already a german bank is involved, but I hope FIAT keeps it's promise not to sell anymore of their share.
 
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