Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.

Tuesday, 2 December 2014

FCA - Fiat Chrysler Automobiles has no plans to replace current Ferrari CEO.

Fiat Chrysler Automobiles has no plans at this stage to replace Amedeo Felisa as CEO of Ferrari, which it is preparing to spin off, FCA Chairman John Elkann said today.
"There will be no CEO change," he said in answer to a question on whether Felisa would be replaced in the coming months.

Amedeo has been CEO of the Ferrari unit since 2008.
FCA plans to spin off Ferrari from the group, sell a 10 percent stake via a public offering and distribute the rest of FCA's stake to its shareholders.
Elkann also said that the introduction of a loyalty share scheme at Ferrari was just one among several options being considered.

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