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Will GM own Ferrari?

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Old 12/20/04, 09:29 PM
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DOnt know if this has been mentioned but Fiat is trying to force GM to buy its auto business. A few years ago GM bought into Fiat auto and supposedly signed an agrrement that allowed them to purchase the whole company for a certani price. I dont understand the exact terms of it BUT.....

If this goes through, GM WILL OWN FERRARI!!!!!

http://thecarconnection.com/index.asp?article=7844
Old 12/20/04, 10:36 PM
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Originally posted by muscleman@December 20, 2004, 10:32 PM
DOnt know if this has been mentioned but Fiat is trying to force GM to buy its auto business. A few years ago GM bought into Fiat auto and supposedly signed an agrrement that allowed them to purchase the whole company for a certani price. I dont understand the exact terms of it BUT.....

If this goes through, GM WILL OWN FERRARI!!!!!

http://thecarconnection.com/index.asp?article=7844
Question-where did you get the idea that GM will own Ferrari from that article?
Old 12/21/04, 12:56 AM
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Ferrari owns Maserati and GM wouldn't get them if they bought Fiat.

Fiat could use a rwd sedan like the Cadillac CTS. If GM buys them, GM should give them the Sigma chassis (Cadillac's platform for the CTS, the STS, and the SRX). Alfa Romeo could make a gorgeous sedan with a nice V-6.

I hope Cadillac doesn't makea fwd sedan for Europe as I have heard.
Old 12/21/04, 07:11 AM
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Fiat owns Ferrari.
Old 12/21/04, 08:12 AM
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That would be...weird.
Old 12/21/04, 09:47 AM
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Originally posted by muscleman@December 21, 2004, 8:14 AM
Fiat owns Ferrari.
That doesn't mean Ferrari is part of the deal. When Ford bought Volvo, they only bought the car part of the business. The commercial truck part of Volvo wasn't in the deal.
Old 12/21/04, 03:04 PM
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so ford owns aston martin
Old 12/22/04, 03:37 AM
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Originally posted by TomServo92+December 21, 2004, 11:50 AM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (TomServo92 @ December 21, 2004, 11:50 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-muscleman@December 21, 2004, 8:14 AM
Fiat owns Ferrari.
That doesn't mean Ferrari is part of the deal. When Ford bought Volvo, they only bought the car part of the business. The commercial truck part of Volvo wasn't in the deal. [/b][/quote]
It is like when BMW sold Rover to Venture Capatilists, they kept hold of the Mini part of the business....
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