Ferrari to spin-off from Fiat

Fiat Chrysler has announced plans to spin-off sports car maker Ferrari into a separate company.

Ferrari to spin-off from Fiat
Wed, 29 Oct, 2014 - 13:29

Fiat Chrysler has announced plans to spin-off sports car maker Ferrari into a separate company.

The company said in a statement that spinning off Ferrari was part of a plan to raise capital to support the future growth of newly merged Fiat Chrysler Automobiles.

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