Filed under: Hirings/Firings/Layoffs , BMW , Ferrari There’s going to be a little bit more Prancing Horse in some future BMWs because the Bavarian brand is hiring Ferrari chief engineer Roberto Fedeli to join the company in November.
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BMW hires Ferrari chief engineer Fedeli
Filed under: Podcasts , Hirings/Firings/Layoffs , Audi , Hyundai , Mercedes-Benz , Ferrari , Long-Term Garage Episode #397 of the Autoblog Podcast is here, and this week, Dan Roth, Steven Ewing, and Seyth Miersma talk about the leadership change at Ferrari, the Mercedes-AMG GT, and we give a report on the Long-Term Garage. We start with what’s in the garage and finish up with some of your questions, and for those of you who hung with us live on our UStream channel , thanks for taking the time
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Autoblog Podcast #397
Filed under: Hirings/Firings/Layoffs , Earnings/Financials , Ferrari , Fiat Luca di Montezemolo may not have wanted to leave Ferrari this way, but don’t feel too bad for the departing chairman, because he’ll be hitting the ground with a golden parachute so big that he’ll never have to work again. According to the latest reports, Fiat will pay Montezemolo 26.95 million euros (nearly $35 million) in severance pay. A little more than half of that will be paid in a lump sum of 13.71 million euros ($17.7M, equivalent to five times his annual salary) on January 31, 2015, with the rest to be paid within the next 20 years
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Fiat gives outgoing Ferrari chairman $35M severance package
Filed under: Hirings/Firings/Layoffs , Ferrari Yesterday Ferrari announced a changing of the scarlet-clad guard with the departure of longtime chairman Luca di Montezemolo . Having run the company since shortly after the passing of Enzo Ferrari himself, Montezemolo built the Prancing Horse marque up to the benchmark supercar manufacturer, victorious racing team and household name it is today. In short, Ferrari – and most crucially, its parent company Fiat – will face a most difficult challenge in filling il Advocatto ‘s handmade loafers and putting the company back on the track which Montezemolo laid down over the course of the past two decades.
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These are the front-runners to take over at Ferrari
