Marchionne Says Ferrari is Worth $15 Billion but is Not for Sale

Sergio Marchionne, the CEO of Fiat Chrysler Automobiles (FCA), believes Wall Street analysts are drastically underestimating the value of Ferrari, with the executive saying the sports car manufacturer is worth around $15 billion (€10.8 billion), rather than their $4.6 to $7.5 billion evaluations. Read more »