MARANELLO, Italy, June 21 (Reuters) - Ferrari must be more innovative and is unlikely to sell shares to the public soon, Vice Chairman Piero Ferrari told reporters on Thursday at an event to mark the Italian luxury sports car maker's 60th anniversary. "It's important that Ferrari doesn't keep replicating itself," said Ferrari, who is the son of founder Enzo Ferrari and owns 10 percent of the company. "We're working on various new models," Ferrari said. "I don't want to give any surprises ...
Premium Content (PAID Subscription Required)
"Ferrari needs to innovate, no IPO in sight - exec" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.