Ferrari
13 articles in this category
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Fiat Chrysler Automobiles' CEO Sergio Marchionne isn't a fan of electric vehicles, especially the idea of a Ferrari EV. "With Ferrari, it's almost an obscene concept," said Marchionne. A key part of the Ferrari driving experience explained Marchionne was the noise of the V8 or V12 engines. Going with a fully electric powertrain removes something important in the experience. "You'll have to shoot me first," said Marchionne. It is rumored that Ferrari will do more with hybrid techn
You'll not be seeing an electric from Ferrari anytime soon
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The most iconic brand of Fiat Chrysler Automobiles will become its own company. The company announced today that it plans to spin off Ferrari into its own separate company as part of a plan to raise capital that will support the FCA's future growth. Once the separation happens, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange". The remaining 90 percent will be distributed among FCA's existing shareholders. "Following our acquis
The Prancing Horse Will Be Galloping Off From Fiat Chrysler
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“You have to shoot me first.” That was the response of Ferrari Chairman (and Fiat Chrysler Automobiles CEO) Sergio Marchionne last year when asked if Ferrari would ever do an SUV. But it seems Ferrari is working on one according to a report from Car. The model - codenamed F16X is expected to be paired up with the replacement for the GT4C, due out in 2020. That means it will feature aluminum architecture and all-wheel drive. F16X will set itself apart from the GT4C by having a higher ri
SAY WHAT?!
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Back in July, we reported that Ferrari was planning an SUV. This was a bit of a surprise since Ferrari Chairman and FCA CEO Sergio Marchionne said "you have to shoot me first,” when asked about this last year. He would confirm that the brand is considering this a month later. It seems now Ferrari is now beyond the consideration stage. Today at the New York Stock Exchange, Marchionne said the automaker is deciding on production which will take about 30 months to complete. Production would be
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William Maley Editor/Reporter - CheersandGears.com April 27, 2012 Ferrari's replacement for the Enzo supercar will be the prancing horse's first hybrid. "We are entering the market with our Formula One-derived hybrid system, which will slash fuel consumption and increase performance," said Ferrari CEO Amedeo Felisa. The hybrid system, called HY-KERS, improves fuel consumption by 40% while slashing the time it takes to accelerate from 0 to 124 MPH by 3 seconds compared with a Ferrari model w
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The balance act of performance and emissions is difficult to say in the least, but Ferrari thinks they have figured it out. According to Vittorio Dini, Ferrari's Powertrain Director, the company plans on increasing performance while reducing CO2 emissions by 20 percent by 2021. "Our average CO2 emissions are currently about 270 grams of CO2 per kilometer. We want to use all the available technologies to reduce emissions by 3 percent each year, which means approximately a 20 percent decrease by
Ferrari Shows How To Balance Performance and Emissions
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The National Highway Traffic Safety Administration has issued a $3.5 million fine for Ferrari as it failed to comply with oversight requirements. The agency announced today that the Italian sports car maker had not submitted early warning reports for the past three years. These reports are important for NHTSA as it helps them identify potential or existing safety problems. Federal law requires manufacturers these reports quarterly. Previously, Ferrari was qualified as a a small-volume manufactu
Reports?! What Reports?
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William Maley Editor/Reporter - CheersandGears.com June 6, 2012 According to an Italian automotive news site, Ferrari will develop and build two new engines that will be fitted under the hood of upcoming Alfa Romeo, Lancia, and Maserati models. Sources say the two engines will be a be a twin-turbocharged V6 producing a max of 450 HP and a naturally-aspirated V8 exceeding 500 HP. Both engines are part of a a €50 million ($62 million) investment made by Fiat and will be built on a new assembly
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William Maley Staff Writer - CheersandGears.com August 21, 2013 Ferrari's Chairman, Luca Cordero di Montezemolo has been one the biggest critics of electric vehicles. So it comes a no surprise that Montezemolo has said the Ferrari will be doing more hybrid vehicles. “I don’t believe in the electric cars, but I strongly believe in hybrids,” di Montezemolo said in a interview. di Montezemolo explained that the brand sees hybrid technology as a way to not only improve performance but to expand
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Ferrari's long standing chairman Luca di Montezemolo announced today that he will step down from the company on October 13th. Taking his place for the time being will be Fiat Chrysler Automobiles CEO Sergio Marchionne. Montezemolo has a long and storied career at Fiat and Ferrari. He started at Fiat before moving to the prancing horse in 1973. There he became Enzo Ferrari's assistant. A year later, he was named head of the Scuderia (racing division) the following year. Montezemolo worked hard a
Changing of the guard at Ferrari
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It was about a month ago that we reported on the rumor of Ferrari working on an SUV, a complete 180 from Ferrari Chairman (and Fiat Chrysler Automobiles CEO) Sergio Marchionne's “you have to shoot me first” answer when asked about this last year. That rumor has been revealed to be true. During a conference call reporting second-quarter earnings, Marchionne confirmed that the Italian sports car builder is considering an expansion into utility vehicles and possibly reinvent the segment.
It's all about those sweet, sweet profits
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Ferrari has been able to be exempt from certain regulations concerning emissions and fuel economy since they sell less than 10,000 vehicles per year. But the Italian sports car builder is getting close to that amount as they have commited to ship 8,000 vehicles this year and raise that to 9,000 by 2019. What do you do in this case? Begin to add hybrid bits to your vehicles. Reuters reports that Ferrari CEO Sergio Marchionne announced during a conference call with investors that all of their
Why future Ferrari models will become slightly greener
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Ferrari held their annual Capital Markets Day where the company provided details about their plans through 2022. CEO Louis Camilleri revealed a roadmap that is similar to what former CEO Sergio Marchionne presented previously. 15 new models are expected to launch by 2022 and that will include a new SUV called Purosangue. However, Camilleri has pushed back the launch from 2020 to 2022 to "get it perfect." There will also be a new mid-engine model that may serve as Ferrari's performance flags
15 new models including a new SUV are in the pipeline
