Italian carmaker Ferrari names microchip expert as CEO
3 years, 6 months ago

Italian carmaker Ferrari names microchip expert as CEO

The Hindu  

Ferrari has turned to technology industry leader Benedetto Vigna to navigate the luxury sports car maker known for its roaring, high-octane engines through a new era of silent, electric power trains. Chairman John Elkann, the scion of Agnelli family which controls Ferrari through its investment firm Exor,said in a statement that the company was delighted to welcome a technology industry leader aboard. Pietro Solidro, an analyst at Bestinver said Vigna’s appointment should reduce market concerns about Ferrari’s future and its path towards its first electric vehicle. In April, Elkann said Ferrari’s new CEO should have “all the right qualities, including importantly the technological capabilities”, playing down initial speculation that the new boss could have a background in luxury goods or retail.

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Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal
1 week, 6 days ago

Ferrari has Formula One in its DNA, CEO says after Cadillac supply deal

Hindustan Times  

NEW YORK, - HT Image Ferrari Chief Executive Benedetto Vigna said the luxury sportscar maker was "very proud" of a deal to supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026 the company announced earlier on Tuesday. Also, we have a sense of responsibility because the success of these other teams, it …

F1: Ferrari to supply Cadillac team with engines in 2026
1 week, 6 days ago

F1: Ferrari to supply Cadillac team with engines in 2026

The Hindu  

Ferrari will supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026, subject to final approval of the entry, the Italian manufacturer said on Tuesday. A supply will become available due to Sauber becoming the Audi factory team in what will be the start of a new engine era for the sport. Ferrari …

Price of electric Ferrari to be at least $535,000
6 months ago

Price of electric Ferrari to be at least $535,000

China Daily  

A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. Ferrari's first electric car will cost at least 500,000 euros, a source familiar with the matter said, as the luxury automaker …

Ferrari to debut SUV-like model in September
2 years, 6 months ago

Ferrari to debut SUV-like model in September

Live Mint  

Ferrari NV said a new larger, taller model similar to a sport-utility vehicle will be unveiled this fall and confirmed plans to release its first fully electric car in 2025, promising in its first long-term strategy presentation in years that it would continue to make cars that stand out as the industry embraces electrification. Ferrari had previously unveiled its plans …

Ferrari chairman: Years of hard work paying off
2 years, 8 months ago

Ferrari chairman: Years of hard work paying off

The Hindu  

Years of hard work are paying off for Ferrari with a stellar start to the Formula One season, company chairman John Elkann said on Wednesday. “We said two years ago that we had to work hard to get back to being competitive and the 2022 championship has got off to a truly thrilling start,” Elkann said at Ferrari’s annual shareholders’ …

Ferrari unveils new organisation and top team to face electrification challenge
2 years, 11 months ago

Ferrari unveils new organisation and top team to face electrification challenge

The Hindu  

Ferrari's new chief executive on Monday unveiled a new organisation and leadership changes aimed at sharpening its technology focus and product exclusivity as the luxury sports car maker embraces electrification. As part of the overhaul, the company appointed Gianmaria Fulgenzi - at Ferrari since 2002 and recently head of supply chain at its racing division - as chief product development …

Ferrari turns to a chip guy as CEO amid industry pivot
3 years, 6 months ago

Ferrari turns to a chip guy as CEO amid industry pivot

Live Mint  

Ferrari NV has hired a top executive from the semiconductor industry as its new CEO, as the car industry focuses on microchips and digital technologies that increasingly control everything from the brakes to entertainment systems. In announcing the appointment, Mr. Elkann cited Mr. Vigna’s “deep understanding of the technologies driving much of the change in our industry." Mr. Vigna follows …

Former Ferrari boss Domenicali appointed F1 CEO - Sportstar Sports news
4 years, 2 months ago

Former Ferrari boss Domenicali appointed F1 CEO - Sportstar Sports news

The Hindu  

Formula One need not fear any Ferrari favouritism when the Italian team's former boss Stefano Domenicali replaces Chase Carey as chief executive in January, Red Bull principal Christian Horner said on Friday. “Having competed against him when he was team principal of Ferrari he had a lot of integrity, he was a racer, a competitor, he understands the business,” said …

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