The Impreza is one of Subaru's most popular cars, and the Crosstrek is very similar, but with a few added perks for more difficult terrain. It has higher ground clearance (a near-necessity for driving in more than a couple inches of snow), and some …
Today is turning into a big one for senior leadership changes in the automotive industry. … The Japanese luxury automaker, headquartered in Hong Kong, has been in the meantime essentially operating by committee in the absence of a chief executive.
Luca Cordero di Montezemolo is to quit as chairman of Ferrari after 23 years at the company and just days after his boss said the luxury car brand's Formula One race results over the past six years were unacceptable, the WSJ reports. Sergio Marchionne …
The departure of Montezemolo, announced by Fiat on Wednesday, was widely expected after escalating clashes between the two executives over strategy and the role of the luxury sports car business within the Fiat group. Fiat shares … The Oct. 13 …
“A well-educated, affluent group in some sectors of our community can afford those luxury automobiles like that,” Staley said. “Then we have that same market … with families looking for a more economical purchase for their household and they look at …
MARANELLO Italy (Reuters) – Luxury carmaker Ferrari will keep limiting annual sales to protect the brand's exclusivity but may gradually raise the cap from the current 7,000 cars a year to cater for rising demand, the chief executive of parent Fiat …
Mr. Montezemolo said in a separate statement that Ferrari will play an important role in the listing of Fiat Chrysler Automobiles Group in Wall Street and this new phase "should be spearheaded by the CEO of the group," said Mr. Montezemolo. "This is …
The Maranello-based company, which is 90 percent-owned by Fiat, is a key component of Marchionne's plans to expand in luxury cars following the merger with U.S. unit Chrysler Group LLC. Montezemolo, who took charge of Ferrari in 1991, wanted to …
The advertising value is also important, particularly as the F1 championship has expanded successfully in the Middle East and Asia, home to some of the fastest-growing markets for luxury sports cars and sports utility vehicles. Bahrain, Kuala Lumpur …