The Brits know how to make a beautiful coach, but mechanically and as a car they were junk.Interestingly, both Volvo and Jaguar Land Rover are much better products than in prior years because of the commitments and care made by the foreign owners.
Thanks Mdriver. You nailed it. Also, hyping up the brand to sell off in an IPO raises more capital, just like with Ferrari. I think that was the point in the first place. Helps pay for the buyout of Chrysler as well.this rumor has been floating around since....ohhh Marchionne mentioned they were shopping for a "partner"...
IF it does happen however, that is correct Alfa & Maserati are NOT part of the deal, they will fall under the Ferrari family.
Some people have speculated that was one of the reasons Ferrari was spun off to begin with....add that that the holding company of EXOR ie Agnelli family is the majority holder...those premium brands will not go to the Chinese...
besides they really just want the Jeep brand....
And what is even more laughable is the posts (other threads) they will be built in China.Ill wait until it happens, until them all rumor mill as well as smoke and mirrors lol
I can confirm that most native Japanese cannot pronounce Alfa Romeo; I dunno about Chinese. Japanese have extreme difficulty with the "L" and "R" sounds found in European languages. I know some native Chinese speakers have difficulty distinguishing "Mazda" from "Mustang" when I speak. OTOH, I cannot pronounce the common Chinese name that is spelled in English as "June" (clue: it does not sound at all like english June).I heard someone joke (probably nervously) that the Chinese can't even pronounce Alfa Romeo so how can they possibly build them?
Ferrari stock comedy????.....John, the stock has given a 137% return on investment, it is trading at 137/share...today..not too shabby. I don't own equities thinking I am going to vote at the annual shareholders meeting and GOD I hope people don't invest in equities for that reason...name isn't ICHAN, ACKMAN or any of the other good old boys....Hehe, I've studied a little Japanese and Chinese. Have more experience with Chinese Mandarin from Shaolin Kung Fu. The Pinyin Roman characters differ widely in transliteration! It's like two schools of thought or more.
Anyway, I think there is even more comedy in the people who bought shares of Ferrari thinking they may have a voice in the brand or something, when all they really did was contribute some capital. I am also surprised how quickly FCA moved from buyout to sell off with talk about Alfa and Maserati. If it goes the same way as Ferrari, Sergio might do quite well with the other two brands. Put a strong performance in F1 on top of that and things could be pretty rosy.
I just saw an ad for the new Ferrari Portofino. It's like a new front engine V8 beyond the CaliT. Not a V6 Dino although that may be in the pipeline.