FCA Spinning Ferrari Off From Parent Company By 2015 - By this - TopicsExpress

FCA Spinning Ferrari Off From Parent Company By 2015 - By this time next year, Ferrari will no longer be a part of Fiat Chrysler Automobiles, thanks to a plan announced today that will spin the exotic brand off from the rest of the Italo-American automaker. Bloomberg reports FCA will sell 10 percent of its stake to the public, giving the remaining 90 percent to the automaker’s own shareholders. The shares will be listed in the United States stock market, with Europe pos... ow.ly/2PSgKL

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