Exor announced the sale of a 4% stake in Ferrari to institutional investors, valued at €3 billion. Click here to find out why I rate EXXRF stock a Buy.
RBC Capital analyst Tom Narayan maintained a Hold rating on Stellantis (STLA – Research Report) today and set a price target of €12.00.Discover
Chariman of Stellantis, chairman of Ferrari and CEO of Exor John Elkann. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes ...
Formerly owned by Fiat, the car producer founded by the Agnelli family and now a part of Stellantis NV, Ferrari was spun off almost a decade ago. Its market capitalization on the New York Stock ...
Italy's Agnelli family cut its controlling stake in Ferrari by around 4%, raising about 3 billion euros ($3.14 billion) to fund potential new M&A deals, its holding company Exor said on Thursday. The sale will help Exor reduce concentration in its investment portfolio and provide ammunition for "a sizeable new acquisition when such an opportunity presents itself",
The Italian luxury automaker had initially announced the MC20 Folgore in 2020 as part of a broader push towards battery-electric vehicles (BEVs). The model was expected to deliver a powerful 700-horsepower tri-motor setup,
Both Aston Martin and Maserati are reevaluating their plans for future electrification models, as budget and job cuts force the businesses to decide whether there is an appetite for future EVs bearing the recognizable performance badges.
Citi analyst Harald Hendrikse maintained a Hold rating on Dowlais Group PLC (DWL – Research Report) today and set a price target of
Ferrari shares were down 7% in early trading after closing ... Exor is the single largest shareholder in automaker Stellantis and Dutch group Philips. It controls manufacturers Iveco and CNH, as well as Serie A soccer club Juventus. It also has investments ...
(Bloomberg) -- The Agnelli family sold a stake worth around €3 billion ($3.14 billion) in Ferrari NV, after the supercar maker’s value has risen more than 10 times since its initial public offering in the US.
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