Ferrari rules out expansion

October 5, 2014
Putting an end to a long-standing rumor, outgoing Ferrari president Luca di Montezemolo has confirmed Ferrari will not cahse volume by building a four-door sedan or a SUV.

“[Sergio] Marchionne wanted to build a truck but I talked him out of it,” explained di Montezemolo in an interview with British magazine Autocar. “Ferrari will continue to make two-door sports cars, not SUVs or four-door cars.”

Di Montezemolo recently announced plans to step down from Ferrari after spending 23 years at the helm of the automaker. He will be replaced by Fiat – Chrysler CEO Sergio Marchionne on October 13th, and recent reports indicated one of the executive’s first moves at the head of Ferrari would be to boost production in order to make more money and keep up with rivals like Porsche.

In a separate interview, Marchionne shot down the rumors and said Ferrari production will remain steady at a little over 7,000 cars in the foreseeable future. He also denied claims that Ferrari will be fully integrated into the newly-formed Fiat-Chrysler Automobile (FAC) group.

“The mixing of their blood would be fatal to both,” explained Marchionne.

While Ferrari will not merge with FCA, the Modena-based company will help Fiat-owned Alfa Romeo design a full-fledged lineup of models that will include sedans, crossovers and coupes.

Posted in :  Auto
Tags : 

URL for this post : https://auto.de.0685.com/?p=2504

Leave a Reply