Ferrari N.V. announces final results of the cash tender offers on certain series of its euro notes

Maranello, Italy 12 July 2019 – Ferrari N.V. (NYSE/MTA: RACE) (Ferrari or the Company) hereby announces the final results of its invitation to eligible holders (subject to the offer restrictions referred to in the Tender Offer Memorandum (as defined below)) of the Company’s outstanding €700,000,000 0.250 per cent. Notes due 16 January 2021 (ISIN: XS1720053229)… Continue reading Ferrari N.V. announces final results of the cash tender offers on certain series of its euro notes

Ferrari N.V. announces indicative results of the cash tender offers on certain series of its euro notes

Ferrari N.V. (NYSE/MTA: RACE) (Ferrari or the Company) hereby announces, on a non-binding basis, the indicative results of its invitation to eligible holders (subject to the offer restrictions referred to in the Tender Offer Memorandum (as defined below)) of the Company’s outstanding €700,000,000 0.250 per cent. Notes due 16 January 2021 (ISIN: XS1720053229) (the 2021… Continue reading Ferrari N.V. announces indicative results of the cash tender offers on certain series of its euro notes

Ferrari one-off models have five-year waiting list

The growing trend for one-off Ferraris is in response to clients’ increasing demands for extreme personalisation, says Ferrari commercial and marketing boss Enrico Galliera. Such is demand, Galliera says unique models “have the longest waiting list of all our product lines” at four to five years. “The client has not only a unique car but… Continue reading Ferrari one-off models have five-year waiting list

James Glickenhaus Calls Out De Tomaso For Copying The Ferrari P4/5 – Carscoops

De Tomaso used the Goodwood Festival of Speed to unveil the new P72 and it appears not everyone is a fan. While the car is pretty stunning, it also looks a bit familiar. James Glickenhaus believes there’s a good reason for this as he suggested the model is nothing more than a copy. In a… Continue reading James Glickenhaus Calls Out De Tomaso For Copying The Ferrari P4/5 – Carscoops

Dodge Believes Its Performance Cars Will Have An Electric Future

Hopefully, Dodge follows through since electric is really the only way to go in the future. Tesla has proven that electric cars can provide exhilarating performance. Moreover, EVs like the Chevrolet Bolt, BMW i3, Audi e-tron, and Jaguar I-Pace provide plenty of instant torque and commendable overall driving dynamics, not to mention the ars from… Continue reading Dodge Believes Its Performance Cars Will Have An Electric Future

Ferrari N.V. – Completion of the first tranche of the disclosed multi-year share buyback program and announcement of the second tranche

Maranello (Italy), 1 July 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the common share buyback program announced on 28 December 2018 (the “Initial Program”), the Company has purchased additional common shares – reported in aggregate form, on daily basis – on the Italian Stock Exchange (MTA) and on the… Continue reading Ferrari N.V. – Completion of the first tranche of the disclosed multi-year share buyback program and announcement of the second tranche

Maserati confirms UK prices for hardcore Levante GTS and Trofeo

Maserati has confirmed the new GTS and Trofeo variants of its Levante SUV will be coming to the UK, with prices starting from £104,900. Both models share a Ferrari-derived 3.8-litre V8 with the Quattroporte GTS performance saloon, in a state of tune that produces 542bhp in the GTS and 582bhp in the hardcore Trofeo.  The… Continue reading Maserati confirms UK prices for hardcore Levante GTS and Trofeo

Aston Martin Valhalla name announced for 003 Concept

Aston Martin has confirmed its new mid-engined hypercar will be called the Valhalla. Due to launch in 2021 the British brand’s rival for the McLaren Senna was first previewed as a concept at this year’s Geneva Motor Show. Aston Martin Valhalla production will be limited to 500 coupe examples, with each costing around £1 million.… Continue reading Aston Martin Valhalla name announced for 003 Concept

Rosso (Fdi): “Polo of luxury in Turin, Fca-Renault can be an advantage”

“The Piedmont Region and the Municipality of Turin can and must take immediate action to ensure that the Fca-Renault merger becomes a job opportunity for our territory, avoiding any risk of job loss”. Roberto Rosso, newly elected regional councilor of Brothers of Italy, believes that “if in Turin we succeed in truly establishing the pole… Continue reading Rosso (Fdi): “Polo of luxury in Turin, Fca-Renault can be an advantage”