Sergio Marchionne values Ferrari at $11 billion

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Sergio Marchionne values Ferrari at $11 billion

The CEO of Fiat Chrysler Automobiles, Sergio Marchionne, expects the value of Ferrari to exceed $11 billion, when the company goes in the stock market, which is scheduled for later in the year. Marchionne, during the presentation of the renewed 500, said that the FCA will invest €48 billion, so that by 2018 they can sell 7 million cars a year.

Sergio Marchionne values Ferrari at $11 billion