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Family owners of Ferrari say will not sell stake

2015-02-18 17:23:30| Automakers - Topix.net

Piero Ferrari, son of the eponymous luxury sports car company's founder Enzo Ferrari, said on Wednesday he had no intention to sell the 10 percent stake his family owns in the company. Car maker Fiat Chrysler Automobiles plans to conclude the spin-off and initial public offering of Ferrari this year, subject to regulatory approvals, FCA Chief Executive Sergio Marchionne said last month.

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