If I may ask, how is the EU handling the issue of Italy's very large budget deficit and debt/GDP ratio? If Italy defaults on its sovereign bonds, is the EU gonna bail out Italy? How would auto companies such as Ferrari fare in the auto market, under such conditions? I was just wondering.
Absolutely on topic.
Regardless, just because I'm Italian it doesn't mean I should be interested in its politics or economy, especially given which highly regarded smart dude is ruling here atm.
Besides, even if our economy kinda sucks, no doubt (and so what?), and even if the EU is not often happy about what the Italian government does (as if it was about what the USA did/does/will do as a given fact), Ferrari is under the large Fiat umbrella, it isn't a company on its own, and honestly I don't think you can speak of Ferrari and auto market in the same sentence.
Something like a 200.000-ish € average car price and a company who sells less than 7.000 cars per year, world wide, doesn't have much to do with a national market of about 2 millions cars every year, don't you think? Not even considering the EU market.
Eventually I don't know and honestly don't car atm what EU think of this government, have something a bit more important to do.
Last edited by LeonOfTheDead; 02-07-2010 at 06:40 PM.
KFL Racing Enterprises - Kicking your ass since 2008
*cough* http://theitalianjunkyard.blogspot.com/ *cough*
...relevancy, it just left.
Andreas Preuninger, Manager of Porsche High Performance Cars: "Grandmas can use paddles. They aren't challenging."
It's the other way out. Fiat components found their way into Ferrari.
Atm the whole Fiat Group (Abarth, Alfa Romeo, Ferrari, Fiat, Lancia, Maserati) same the same handbrake, when it's the mechanical system. The electronic handbrake is slightly different between Lancia and Ferrari o Maserati.
Ferrari has yet to introduce cylinders deactivation on the California, even if it was basically ready since the launch. Chrysler already has that, the Fiat Group doesn't simply because it has just one V engine, and not even an internal design.
KFL Racing Enterprises - Kicking your ass since 2008
*cough* http://theitalianjunkyard.blogspot.com/ *cough*
Not really, in terms of technology. Cylinders deactivation isn't a big deal to design from scratch, for example.
What Fiat gains is direct access to some parts, like the RWD platform, without the need to design it from scratch, and a vast dealer network in the States.
So in one word, synergy.
Chrysler on the other hand survives, and get a lot of new stuff, for the American market.
KFL Racing Enterprises - Kicking your ass since 2008
*cough* http://theitalianjunkyard.blogspot.com/ *cough*
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