laferrari

The manufacturer of sports cars, the Ferrari plans to make an initial public offering of shares on the New York Stock Exchange in the fourth quarter.

Italian-American mother company Fiat Chrysler has submitted the application to the financial regulator in the US, reported news agency.

The automotive giant plans to offer on the market 10% of its shares, and the rest – to distribute among its shareholders.

Trading will help Fiat Chrysler, whose shares are among the highest in the industry to finance ambitious investment projects amounting to 48 billion.

The main goal is by 2018 to increase annual vehicle sales by 60 percent to 7 million units and five times to increase profit margins.

https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2015/07/laferrari.jpg?fit=740%2C459https://i1.wp.com/szlifestyle.com/sz/wp-content/uploads/2015/07/laferrari.jpg?resize=180%2C150Nicolas T.AUTOautomobiles,cars,FerrariThe manufacturer of sports cars, the Ferrari plans to make an initial public offering of shares on the New York Stock Exchange in the fourth quarter. Italian-American mother company Fiat Chrysler has submitted the application to the financial regulator in the US, reported news agency. The automotive giant plans to offer...