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Ferrari Valued At US$9.8 Billion In IPO, Demand Exceeds Stock Almost Tenfold

FCA CEO Sergio Marchionne claims Ferrari is not an automaker; it is a luxury goods brand and must be viewed accordingly. Actually, he’s not off the mark.Read more »

Source: http://feedproxy.google.com/~r/Carscoop/~3/qdFy4WeCFEs/ferrari-valued-at-us98-billion-in-ipo.html
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