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Ferrari Stock Races in First Day of Trading

Fiat Chrysler Automobiles chief Sergio Marchionne rang the opening bell Wednesday for Ferrari’s first day of trading on the New York Stock Exchange and shares of the supercar maker soared. The stock, which was up as high as $60 per share, leveled off around $57 in mid-day trading. “This is …

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Digestible Collectible: 1985 Ferrari 308 GTSi QV

As a proud member of the Brown Car Appreciation Society, I had to share this magnificent example of Italian history. Sure, Ferrari may call the color “Prugna Metallica” — or metallic purple for us Anglos — but it’s brown to my eyes (and that of the dealers’ camera). This is perhaps the …

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Ferrari Officially Abandons the Manual Gearbox

Perhaps unsurprisingly, Ferrari has officially added its name to the list of automakers that will no longer offer a manual transmission. The company’s chief technology officer, Michael Hugo Leiters, explained the decision at the Paris Auto Show last week, citing performance and technology as the motivating factors. Goodbye, gate. “Ferrari …

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Lawsuit Claims Ferrari Approved Odometer Rollbacks

Former Ferrari salesman Robert “Bud” Root is suing Ferrari of Palm Beach for wrongful dismissal, alleging the dealer fired him after he discovered that a Ferrari DEIS tool was being used to roll back odometers. He also claims discrimination due to his old age. Root’s claim states that Ferrari’s Italian …

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