Marchionne Says Ferrari Is Worth $15 Billion And It Is Not For Sale

Ferrari might be worth $15 billion, according to Chrysler and Fiat CEO Sergio Marchionne, but it is still not for sale, and never will be.

Marchionne, who is presiding over a day-long conference in Auburn Hills today to reveal the five-year strategic plan for Fiat and Chrysler, said Wall Street analysts continue to drastically underestimate the value of Ferrari.

He said Ferarri‘s value is easily double the $4.6 billion to $7.5 billion they have estimated. Nevertheless, he said the amount is immaterial because the supercar brand is not for sale.

MattDarringer - 5/7/2014 8:02:45 PM

-2 Boost

Ferrari is not worth 15 billion. They should sell it to VW so VW can make Ferrari hot like they did with Lamborghini.

skytop - 5/8/2014 10:03:44 AM

0 Boost

When Fiat gets into trouble (and it will), Hyundai will be there to scoop Ferrari up.

MattDarringer - 5/8/2014 7:58:39 PM

+1 Boost

@reviews...Hyundai has a higher expectation for quality than Ferrari. Ferrari = problematic