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Getbig Main Boards => Gossip & Opinions => Topic started by: Lexus II on September 10, 2014, 03:33:01 PM
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The Truth About Cars
By Derek Kreindler on September 10, 2014
[Snip]
Luca di Montezemolo, who has headed up Ferrari for over two decades and presided over record profits, has stepped down amid in-fighting with Fiat head Sergio Marchionne.
After joining Ferrari in the early 1990′s, di Montezemolo led a campaign to revitalize Ferrari, bringing in a lineup of vastly improved products and putting their Formula 1 team back on the road to success. Under his stewardship, Ferrari dominated the latter half of the 1990′s and early 2000′s, with Michael Schumacher, Ross Brawn, Rory Byrne and other motorsports all-stars working as one of the most dominant Formula 1 outfits in history.
In addition to their on-track success, Ferrari also found great financial success in the now ubiquitous merchandise licensing deals that were spearheaded by di Montezemolo, which has allowed Ferrari to maintain a lucrative revenue stream despite capping production of the cars at 7,000 units annually.
But that wasn’t enough for Marchionne, who publicly criticized di Montezemolo’s performance in Formula 1 this past week. Speculation is rife that Marchionne wants to expand Ferrari’s production volumes to help it compete with Lamborghini, which many fear would dilute the brand’s exclusivity.
http://www.thetruthaboutcars.com/2014/09/ferrari-boss-steps-marchionne-takes-control/ (http://www.thetruthaboutcars.com/2014/09/ferrari-boss-steps-marchionne-takes-control/)
A Ferrari SUV and four door sedan will be in development shortly.
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Don't like Ferrari doing SUVs. Hated the 4wd care they brought out, trying to appeal to markets now rather than make good cars (though yes 458 is amazing...I'm told). It is just a vehicle (metaphorically) to sell hats and keyrings now. The F1 team is shit. The latter I feel is the real reason, they are battling with Williams and Force India in constructor's championship, how does that reflect on retail cars?
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A ferari suv awesome, day one purchase for the trainer if its not too expensive.
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A ferari suv awesome, day one purchase for the trainer if its not too expensive.
You think a company set up for racing won't degrade its image by selling an suv? It is a marketing faux pas. Short term thinking that we get rich retards to waste 300k on some shit bag 4x4 while ruining brand value.
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Ferrari oughta focus on building a car that isn`t an unreliable maintenance hog first, before trying to build a shoddy SUV.
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Ferrari oughta focus on building a car that isn`t an unreliable maintenance hog first, before trying to build a shoddy SUV.
QFT I'm tired of spending 30k every 15-20k miles to have my engine rebuilt
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QFT I'm tired of spending 30k every 15-20k miles to have my engine rebuilt
The amusing thing is, even people who can easily afford the expense avoid and put it off and usually sell the car before having the major services done. On top of that, most have annoying issues such as the windows won' go all the way down, errors in circuitry which cause lights to go on and off and lots of other annoyances that should not be present given the high price tag.
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The amusing thing is, even people who can easily afford the expense avoid and put it off and usually sell the car before having the major services done. On top of that, most have annoying issues such as the windows won' go all the way down, errors in circuitry which cause lights to go on and off and lots of other annoyances that should not be present given the high price tag.
Brand. Marketing. Aspiration.
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The amusing thing is, even people who can easily afford the expense avoid and put it off and usually sell the car before having the major services done. On top of that, most have annoying issues such as the windows won' go all the way down, errors in circuitry which cause lights to go on and off and lots of other annoyances that should not be present given the high price tag.
Why is this?
Parker?
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Why is this?
Parker?
If I wanted a car that drove well and was reliable I'd get a honda, VW or, if I had money, a porsche. If I won the lottery for €55m I would get a lamborghini or ferrari as a toy. That's all it is, a toy.
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If I wanted a car that drove well and was reliable I'd get a honda, VW or, if I had money, a porsche. If I won the lottery for €55m I would get a lamborghini or ferrari as a toy. That's all it is, a toy.
A toy that happens to get smoked by new Corvettes. :-X
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Why is this?
Parker?
Here is an article that you will enjoy:
http://www.ferraris-online.com/pages/article.php?reqart=SCM_200612_SS
Answering daily phone calls and emails provides a never-ending supply of topics on which to pontificate. The “real-world” cost to drive a late model Ferrari is one of the more frequent questions I’m asked.
I recently sold an unusually well-documented 1998 550 Maranello, S/N 111317, with 36,200 miles to a client in the jet aircraft industry, and comparisons between Ferrari and jet costs inspired this column. Like a private jet that requires three to four hours of maintenance for every hour of flight time, Ferraris are not cheap to own.
FIRST TWO YEARS ALMOST FREE
550 Ferrari S/N 111317 was sold new on March 19, 1998, at $225,000, to a wealthy Santa Monica real estate investor and used for weekend retreats to his ranch in Ojai, a 150-plus-mile round trip. Thanks to an unlimited mileage warranty, the first two years were relatively expense free.
The first bite came in August 2000, five months after the warranty expired. At 13,637 miles, the owner brought the car in for a 15,000-mile service, two rear tires, and an oil, filter, and coolant change for $2,665.70. Two months later, in October, at 17,220 miles, noisy cam belts and bearings were replaced at no cost (thanks to a warranty extension by Ferrari). The windshield washer reservoir was also replaced for $529.25. A month later, in November, at 17,618 miles, the front spoiler and three wheels were refinished because of road-rash, at $1,285. Total for the first year out of warranty, and about 4,000 miles: $4,479.95, or $1.12 per mile.
As 2001 rolled around, in January, at 18,124 miles, two ball joints and sway bar bushings were replaced at $253.47, a standard procedure for a heavy, high performance, front-engined car with power steering. Three months later, in April, at 18,998 miles, a coolant leak, new front tires, another repaint of the wheels, and a detail added $2,718 to the ongoing maintenance bill.
A few days later, at 19,002 miles, the check engine light came on and an O2 sensor was replaced at $261.31. A month later, in late May, at 19,329 miles, the dash pod had to come out for an instrument panel repair, at $1,290.18. Five months and 1,289 miles later, in early October, at 20,618 miles, an annual oil and filter service and new rear tires added $2,386.60 to the expense column.
$8,988 FOR SECOND YEAR OUT OF WARRANTY
In December 2001, a service at 21,358 miles for dash lights, rattles, and a radiator R & R for coolant leaks closed the year out at $2,078.82. Total for the second year out of warranty, and another 3,740 miles: $8,988.38, or $2.40 a mile.
In January 2002, at 21,966 miles, the owner had the battery replaced, new suspension bushings installed, and a wheel alignment for $1,228.35. In March, at 22,956 miles, the license plate frame was replaced for $124.99, and in May, at 23,802 miles, the power steering pump was replaced and the fluids serviced, at $500.95.
Cheaper than a jet, but more than a Jetta
Cheaper than a jet, but more than a Jetta
Four months and 2,657 miles later, in September, at 25,607 miles, the steering box, power steering rack, and rear shocks were replaced, and the wheels were aligned for $8,641.69. The year ended at 26,236 miles, with a compression and leakdown problem discovered in late December at the 30,000-mile service. New cam belts, engine mounts, and a valve job followed, with all 24 valves and valve guides replaced at $7,954.66. Fortunately for the owner, Ferrari supplied the valves and guides under an extended warranty. Another year, another 4,878 miles, adding up to $18,450.64, or $3.78 a mile.
TOYOTA MONEY: 37 CENTS PER MILE
The Ferrari gods were smiling in 2003, with only 672 miles added and one service for hood shocks, in March, at 26,908 miles. Cost of ownership was only $249.38. Little use means no visits to ever-vigilant Ferrari mechanics, who point out problems that need to be resolved. This year cost Toyota money—just 37 cents per mile. Of course, there weren’t many miles driven either.
In 2004, 550 S/N 111317 saw little use, but frequent visits to the service center, beginning in January, at 31,688 miles, for a seat control switch and wiper blades at $1,366.43
A week later, in early February, at 31,860 miles, sway bar bushings were replaced at $208.63. In late February, at 32,035 miles, the handbrake shoes and rear brake rotors were replaced and four new tires were fitted, at $3,365.79. In early March, at 32,122 miles, a coolant leak added $903.21 to the annual cost. Another year, another 5,214 miles, another $5,844.06. The cost per mile, $1.12.
In late December 2004, Ferrari 550 S/N 111317 moved on to her second owner, for $90,000, and no service bills were added to the year. A real estate investor and self-confessed “Porsche guy,” the second owner had always wanted a Ferrari and bought the 550 simply because he knew the car through the original owner.
Only weeks into Ferrari ownership, in January 2005, at 32,945 miles, a 30,000-mile service was again done, under the “while-you’re-at-it” theory, because of oil leaks. The front shocks were also replaced, at $6,196.57. Only weeks later, the second owner also had the nose repainted, and his 550 “personalized” with the front fenders modified for fender shields and the calipers redone in yellow, at $7,759.70.
NOT FOR THE TIMID: $10.27 PER MILE
A month later, in March, the steering wheel was recovered for $450, and in April the windows were tinted and a “clear bra” installed for $935. Only weeks, later the owner continued to personalize his 550 with a Tubi Exhaust for $3,155.94. In August, at 34,235 miles, the oil hoses and other minor items were replaced, at $3,194.44. Total mileage for the second owner: 2,113 miles and $21,691.65. Most of this work was pure pride-of-ownership personalization, but the financially timid need not apply, as the cost per mile, at $10.27 per mile, was approaching that of an M1 tank.
As 2006 rolled in, our second owner next had a new clutch installed, in January, at 35,625 miles, for $4,852.59. After sitting for six months, the second owner decided that he really was a “Porsche guy” at heart. The 550 was too big for his tastes and so, in August, 550 Ferrari S/N 111317 was picked up from his home and dropped off for an a/c service, at 36,196 miles, for $519.40. Cost of ownership for the second owner, for 2006: 1,961 miles at $5,371.99, or $2.73 per mile.
In August 2006, our subject 550 was again sold for $90,000, with 36,196 miles, to the third owner, the president of a corporate jet maintenance and sales company. During the pre-purchase, an oil leak was found, and while the estimate was $3,000, the final bill was $1,582.58. The third owner appreciated the subtle lines and wanted a user-friendly Ferrari that could be driven daily in New York weather and traffic.
A long-time Ferrari owner, he appreciated that virtually all of the depreciation was reflected in the purchase price and that at 36,000 miles, adding mileage wouldn’t kill the value. His last toy was a new Porsche Turbo at $160,000, and while it had been nice to order a car exactly as he wanted, the depreciation wasn’t worth the thrill when he sold it after three years for $95,000.
The warranty on 550 S/N 111317 ran out in March, 2000, at about 13,500 miles. Our subject 550 went to the third owner in September 2006 at 36,200 miles, so the total miles out of warranty was 22,700 miles, with a total spent of $65,760.50, or $2.90 a mile, right at $11,000 a year.
Ferrari ownership is both a lifestyle and a socio-economic statement, just as owning a polo pony is a different venture than keeping a draught horse. As one former owner of S/N 111317 put it, “I spend more than that on crap on eBay every year.” No other statement quite sums up the difference between those who lust for a Ferrari from those who can pay the price of ownership.
MICHAEL SHEEHAN has been a Ferrari dealer for 30 years as well as a race car driver and exotic car broker.
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Why is this?
Parker?
People will contend that they are high performance cars with high compression meant to be tuned and honed frequently, but they are just deluded in their own bullshit. The truth is, they are pieces of shit with faulty engineering.
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ROFLMAOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOO
True Cost of Owning a 1993 Ferrari 348
I’ve driven 14,387 miles over the course of the six years I’ve owned the car, for an average of just over 2,400 miles per year, or 200 miles per month. As shown in the graph, I’ve been pretty consistent with that, with just some seasonal variation, and the occasional up-tick due to a road trip. By far, the majority of the miles were accumulated during spirited drives on my local back roads, i.e., “trips” that both began and ended in my driveway. Overall, I’ve averaged 17.4 mpg – not bad for the type of driving I do.
Over the course of 6 years, I have spent a total of $37,026 (excluding purchase). That figure breaks down as follows:
Scheduled maintenance – $18,872. This includes yearly fluid changes, 2 sets of tires, 2 alignments, a clutch replacement, a battery replacement, and of course, the aforementioned major service. The major service alone was $9,465, but in addition to all the “usual” items, I also replaced all the bearings/tensioners/chains for the oil pump and timing drive (a significant additional expense).
Unscheduled maintenance – $5,687. This most significant items in this category were replacement of the aircon compressor, replacement of the throwout bearing, replacement of CV boots (one side only), and replacement of the heater control valve. There were also other less significant items that were typically performed during one of the yearly services.
Operating costs – $8,893. This comprises an estimated $2,983 for gas, plus an estimated $1000/yr for insurance and registration.
Miscellaneous costs — $3,484. These are discretionary appearance/accessory items, with the bigger hitters being a set of OEM wheels, Yoshi shields, a replacement tool bag, a canvas folding targa top, plus a set of aluminum cam covers that I had installed during the major (I consider the cam covers discretionary because the original plastic set was still in fine shape).
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This is getbig. Unless a dick is posted or referred to in first two sentences we lose concentration.
TLDR didn't read.#
no homo
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I used to see the Ferrari`s lined up for service at the dealership and it was hilarious. Less than 5000 miles on some of them getting 25,000 dollars worth of work done only after 2-5 years. I remember one just flat out stopped turning over and then a spark in the electronics burned the whole car up: total mileage on the car 2300 miles. What a joke.
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ROFLMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
True Cost of Owning a 1993 Ferrari 348
I’ve driven 14,387 miles over the course of the six years I’ve owned the car, for an average of just over 2,400 miles per year, or 200 miles per month. As shown in the graph, I’ve been pretty consistent with that, with just some seasonal variation, and the occasional up-tick due to a road trip. By far, the majority of the miles were accumulated during spirited drives on my local back roads, i.e., “trips” that both began and ended in my driveway. Overall, I’ve averaged 17.4 mpg – not bad for the type of driving I do.
Over the course of 6 years, I have spent a total of $37,026 (excluding purchase). That figure breaks down as follows:
Scheduled maintenance – $18,872. This includes yearly fluid changes, 2 sets of tires, 2 alignments, a clutch replacement, a battery replacement, and of course, the aforementioned major service. The major service alone was $9,465, but in addition to all the “usual” items, I also replaced all the bearings/tensioners/chains for the oil pump and timing drive (a significant additional expense).
Unscheduled maintenance – $5,687. This most significant items in this category were replacement of the aircon compressor, replacement of the throwout bearing, replacement of CV boots (one side only), and replacement of the heater control valve. There were also other less significant items that were typically performed during one of the yearly services.
Operating costs – $8,893. This comprises an estimated $2,983 for gas, plus an estimated $1000/yr for insurance and registration.
Miscellaneous costs — $3,484. These are discretionary appearance/accessory items, with the bigger hitters being a set of OEM wheels, Yoshi shields, a replacement tool bag, a canvas folding targa top, plus a set of aluminum cam covers that I had installed during the major (I consider the cam covers discretionary because the original plastic set was still in fine shape).
That person owned possibly the worst Ferrari every made, according to the Boss who just stepped down.
He is the man responsible for the 355...the car that could be said that put Ferrari back on the map.
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Don't buy a ferrari if 35k is more than you would wipe your ass with.
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That person owned possibly the worst Ferrari every made, according to the Boss who just stepped down.
He is the man responsible for the 355...the car that could be said that put Ferrari back on the map.
They are still pieces of shit when it comes to longevity thats for sure. Pretty to look at, fun to drive, garbage to maintain.
I wish Honda would have explored the high end car market more because they sure had a hit with the NSX. The build quality on those were superb and the maintenance was completely normal to any other car pretty much.
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Look at this:
http://imgur.com/RH5tVt6
Guy on Reddit posted his buddies NSX at 388,888 miles on the car with the original engine and original transmission, no rebuilds or anything.
Car was an engineering masterpiece and CHEAPPPPPPPPPPP to maintain.
(http://i62.tinypic.com/htsfv7.jpg)
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They are still pieces of shit when it comes to longevity thats for sure. Pretty to look at, fun to drive, garbage to maintain.
I wish Honda would have explored the high end car market more because they sure had a hit with the NSX. The build quality on those were superb and the maintenance was completely normal to any other car pretty much.
You don't get it.
Really, you don't.
Go up to a girl at a party and say you have a ferrari. No matter if it is a rusting piece of shit with no wheels, she will perk her ears up. Say you have a honda (like me) she will say "meh". Ferrari is speed, Alsono, Schumacher, Formula 1, dangerous, sexy.
Honda is reliable, ugly, I can't be fucked to elaborate.
Apple sells the same shit as a 100 other companies yet has people queuing for weeks for its products. The best brands have an emotional connection. Ferrari has it, Apple has it... Honda? Come on. You don't put posters of Hondas on your bedroom wall - you use them cos they work well.
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You don't get it.
Really, you don't.
Go up to a girl at a party and say you have a ferrari. No matter if it is a rusting piece of shit with no wheels, she will perk her ears up. Say you have a honda (like me) she will say "meh". Ferrari is speed, Alsono, Schumacher, Formula 1, dangerous, sexy.
Honda is reliable, ugly, I can't be fucked to elaborate.
Apple sells the same shit as a 100 other companies yet has people queuing for weeks for its products. The best brands have an emotional connection. Ferrari has it, Apple has it... Honda? Come on. You don't put posters of Hondas on your bedroom wall - you use them cos they work well.
Not really how it works.
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Not really how it works.
You jerk off to porn stars. You don't marry them. Guess which ones are on posters?
Advertising always caters to something. With honda or toyota they plug reliability, dependability. Ferrari sell a dream. I'd wager less than 1% of ferrari owners have less than 2 cars. Like I said, they are toys. Weekend fun. A honda is there to do a job and be good at it.
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You jerk off to porn stars. You don't marry them. Guess which ones are on posters?
Advertising always caters to something. With honda or toyota they plug reliability, dependability. Ferrari sell a dream. I'd wager less than 1% of ferrari owners have less than 2 cars. Like I said, they are toys. Weekend fun. A honda is there to do a job and be good at it.
A girl would not think an NSX is just some run of the mill Honda.
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They are still pieces of shit when it comes to longevity thats for sure. Pretty to look at, fun to drive, garbage to maintain.
I wish Honda would have explored the high end car market more because they sure had a hit with the NSX. The build quality on those were superb and the maintenance was completely normal to any other car pretty much.
The NSX was a really good car but not great. It was under powered. Because of the silly ' gentlemen's agreement ' among the Japanese manufactures that basically limited all cars to a maximum of 280HP some exceptions were the Supra with 320 and the 3000GTVR , back then noting really exciting came from Japan. Thank god for the after market.
Now the Lexus LFA is another story all together , Japan finally got it right.
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The NSX was a really good car but not great. It was under powered. Because of the silly ' gentlemen's agreement ' among the Japanese manufactures that basically limited all cars to a maximum of 280HP some exceptions were the Supra with 320 and the 3000GTVR , back then noting really exciting came from Japan. Thank god for the after market.
Now the Lexus LFA is another story all together , Japan finally got it right.
Just my opinion, but the LFA looks horrendous.
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Looks like a Hyundai with a body kit.
(http://www.lavishcar.com/wp-content/uploads/2014/01/Lexus_LFA_Yellow_Las_Vegas-1024x532.jpg)
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A girl would not think an NSX is just some run of the mill Honda.
Girls think Honda Coupes are ferraris ffs. Using a car to impress a girl is like using Einstein to impress 3 year olds.
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Girls think Honda Coupes are ferraris ffs. Using a car to impress a girl is like using Einstein to impress 3 year olds.
Exactly my point.
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Luca di Montezemolo leaving is a direct result of Sergio plan to invest $77 Billion on new products for FCA. Where will that money come from.... selling new shares and Ferrari SUV's. Luca's wanted no part of a Ferrari SUV. ;)
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Why is this?
Parker?
Like Parker would really know from reading brochures ;D
To put in simply Ferraris have gotten a lot better over the yrs with build quality and reliability , problem is many people don't drive these cars very often and more than often they are just weekend toys
Plus companies like ferrari and lambo (gotten better since Audi owns them) for decades only cared about performance, style and pedigree. People buy regardless cause of brand/prestige. Reliability and build quality were after thoughts . To a much lesser degree german cars too. Times are changing and how reliable these cars are now remain to be seen
The acura NSX was the first "exotic" to be super reliable every day car with high performance and during its time one of the best , seems this is the route more high end car companies are taking
Now if these cars would have Japanese car reliability they will be the best but there's a trade off
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The NSX was a really good car but not great. It was under powered. Because of the silly ' gentlemen's agreement ' among the Japanese manufactures that basically limited all cars to a maximum of 280HP some exceptions were the Supra with 320 and the 3000GTVR , back then noting really exciting came from Japan. Thank god for the after market.
Now the Lexus LFA is another story all together , Japan finally got it right.
I wouldn't say nothing exciting came out of Japan and only after market
If u knew cars u would know the 80's and 90's the Japanese were doing great , this was their decades . Every car enthusiast knows this
Lexus came out, acura and Infiniti too
Rx7, Silvia, NSX, supra, skyline, fairlady Z, Tokyo auto show was one of the biggest car shows
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You don't get it.
Really, you don't.
Go up to a girl at a party and say you have a ferrari. No matter if it is a rusting piece of shit with no wheels, she will perk her ears up. Say you have a honda (like me) she will say "meh". Ferrari is speed, Alsono, Schumacher, Formula 1, dangerous, sexy.
Honda is reliable, ugly, I can't be fucked to elaborate.
Apple sells the same shit as a 100 other companies yet has people queuing for weeks for its products. The best brands have an emotional connection. Ferrari has it, Apple has it... Honda? Come on. You don't put posters of Hondas on your bedroom wall - you use them cos they work well.
That's the mindset of a dreamer and not a realist . I hate when people have to justify "well it's a ferrari" ::) what good is it if u can't build a reliable car?? It's people like u that it took ferrari so long to change (who knows the long term reliability of these cars like 458 or California) bc they know people will still buy junk! I agree with TA they are cool cars but unreliable junk that poor people that can't afford them justify their "dream" bc it's a status symbol they can go and impress girls ::) how old are u? 12? Sound a bit insecure?
My dad can afford Ferraris and even he says they are fun to drive, looks , but never to own , that's why he buys Porsches
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I wouldn't say nothing exciting came out of Japan and only after market
If u knew cars u would know the 80's and 90's the Japanese were doing great , this was their decades . Every car enthusiast knows this
Lexus came out, acura and Infiniti too
Rx7, Silvia, NSX, supra, skyline, fairlady Z, Tokyo auto show was one of the biggest car shows
I'm talking on terms that could rival Ferrari , Porsche , Lamborghini , etc in a high end exotic car market.
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I'm talking on terms that could rival Ferrari , Porsche , Lamborghini , etc in a high end exotic car market.
U right about that. Different philosophies in building cars compared to those. Those high end exotics are just that, high end sports car only manufactures (to a lesser degree porsche now with cayennes , macans, etc)
Imo I think Lexus and Honda can do it. LFA was pretty good , new NSX looks interesting , Nissan should have an upcoming GTR in a few yrs
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http://www.motorauthority.com/news/1058997_ferrari-announces-free-7-year-maintenance-program (http://www.motorauthority.com/news/1058997_ferrari-announces-free-7-year-maintenance-program)
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http://www.motorauthority.com/news/1058997_ferrari-announces-free-7-year-maintenance-program (http://www.motorauthority.com/news/1058997_ferrari-announces-free-7-year-maintenance-program)
This is a huge incentive to buy...ahh 1 day
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ferrari is piece of shit
buy mercedes
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Ferrari CEO rage quits, calls the brand 'American'
Marchionne to run the show.
By Zach Bowman September 10, 2014
Road & Track
Bloomberg reports Ferrari CEO Luca Cordero di Montezemolo has resigned from the automaker after 23 years at the helm. He’ll serve until October 13. Montezemolo quit after disagreeing with parent company Fiat CEO Sergio Marchionne over Ferrari’s future. Marchionne wants Ferrari to play a larger role in the development and production of high-end luxury cars to help Fiat compete with Volkswagen. Montezemolo wants to keep Ferrari exclusive, producing around 7,000 cars a year.
Last weekend, Marchionne criticized the Ferrari F1 team’s performance, saying it was “unacceptable.” He went on to comment on Montezemolo’s determination to continue running Ferrari, saying, “nobody is indispensible.”
Montezemolo chose to leave rather than let the axe fall. Bloomberg quoted the Ferrari CEO as saying “Ferrari is now American.” He also said it was, “the end of an era.”
Marchionne will take over as Ferrari CEO when Montezemolo steps down.
http://www.roadandtrack.com/go/news/ferrari-ceo-rage-quits-calls-the-brand-american (http://www.roadandtrack.com/go/news/ferrari-ceo-rage-quits-calls-the-brand-american)
Montezemolo will receive a $35 million severance from Fiat. 8)
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http://jalopnik.com/the-five-best-ferraris-from-the-montezemolo-years-1633719112 (http://jalopnik.com/the-five-best-ferraris-from-the-montezemolo-years-1633719112)
What would be funny is if came over to GM and headed up the Corvette program and made Corvette into a brand with different cars.
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Ferrari CEO rage quits, calls the brand 'American'
Marchionne to run the show.
By Zach Bowman September 10, 2014
Road & Track
Bloomberg reports Ferrari CEO Luca Cordero di Montezemolo has resigned from the automaker after 23 years at the helm. He’ll serve until October 13. Montezemolo quit after disagreeing with parent company Fiat CEO Sergio Marchionne over Ferrari’s future. Marchionne wants Ferrari to play a larger role in the development and production of high-end luxury cars to help Fiat compete with Volkswagen. Montezemolo wants to keep Ferrari exclusive, producing around 7,000 cars a year.
Last weekend, Marchionne criticized the Ferrari F1 team’s performance, saying it was “unacceptable.” He went on to comment on Montezemolo’s determination to continue running Ferrari, saying, “nobody is indispensible.”
Montezemolo chose to leave rather than let the axe fall. Bloomberg quoted the Ferrari CEO as saying “Ferrari is now American.” He also said it was, “the end of an era.”
Marchionne will take over as Ferrari CEO when Montezemolo steps down.
http://www.roadandtrack.com/go/news/ferrari-ceo-rage-quits-calls-the-brand-american (http://www.roadandtrack.com/go/news/ferrari-ceo-rage-quits-calls-the-brand-american)
Montezemolo will receive a $35 million severance from Fiat. 8)
It's been ' American ' for years now , considering over 50% of Ferrari's are destined for America. He was the integral part of the problem and now he's bitching about it? ???
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It's been ' American ' for years now , considering over 50% of Ferrari's are destined for America. He was the integral part of the problem and now he's bitching about it? ???
I think what it is, is that Marchionne probably wants Ferrari to be more integrated in development of engine and chassis for vehicles other than Maserati,Alfa...
Apparently the V6s in the new Ghibli have Chrysler Pentastar blocks, but Ferrari heads. I am not sure if that stopped or not. And the Viper team had an assist from Ferrari as well. So, in instead of being a halo untouchable "lifestyle brand" they are being tapped as helping out the misfits and bad kids.
Also, Marchionne wants Ferrari to make more cars. Which to Luca means less mystique to the brand.
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His speech.
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LULZ!
Cadillac CTSV Station Wagon smoking a Ferrari California
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LULZ more GM four door Sedan PWNAGE of Ferrari 458
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LULZ!
Cadillac CTSV Station Wagon smoking a Ferrari California
may we see more of the General's products doing that with the C8 mid engined Corvette (if it will happen).
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Looks like a Hyundai with a body kit.
(http://www.lavishcar.com/wp-content/uploads/2014/01/Lexus_LFA_Yellow_Las_Vegas-1024x532.jpg)
when I read this I was going to call you crazy, then I took a minute and looked, and you are exactly right. It does look like that
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LULZ
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LULZ! Cadillac 4 door Sedan smoking Italian Lamborghini Murcialago Piece of Expensive Shit
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The last good looking Ferrari in my opinion was the 355. Since then its all been shit.
The last good looking Lamborghini was the Diablo and maybe the Gallardo. Other than that, nasty looking shit.
::) ::) ::) ::)
What a great Kit Car Lamborghini Makes. Looks like a bad Fiero/Lambo concoction.
(http://www.gtspirit.com/wp-content/uploads/2014/07/Black-Lamborghini-Veneno-Roadster-1-640x426.jpg)
(http://www.gtspirit.com/wp-content/gallery/black-lamborghini-veneno-roadster/black-lamborghini-veneno-roadster-2.jpg)
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http://jalopnik.com/the-five-best-ferraris-from-the-montezemolo-years-1633719112 (http://jalopnik.com/the-five-best-ferraris-from-the-montezemolo-years-1633719112)
What would be funny is if came over to GM and headed up the Corvette program and made Corvette into a brand with different cars.
Too many ferrari plants in the US?......lol.....i don't think the brand is loosing it's value, but however, once business takes over prestige, brands value takes a hit, usually......I'm not sure who owns jaguar now, but their new design is kicking ass
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The last good looking Ferrari in my opinion was the 355. Since then its all been shit.
The last good looking Lamborghini was the Diablo and maybe the Gallardo. Other than that, nasty looking shit.
::) ::) ::) ::)
What a great Kit Car Lamborghini Makes. Looks like a bad Fiero/Lambo concoction.
(http://www.gtspirit.com/wp-content/uploads/2014/07/Black-Lamborghini-Veneno-Roadster-1-640x426.jpg)
(http://www.gtspirit.com/wp-content/gallery/black-lamborghini-veneno-roadster/black-lamborghini-veneno-roadster-2.jpg)
I kinda agree with you. The 355 was the last of the wedge shaped Ferraris, but was the beginning of the new era of the V8 mid engined Ferraris. The 458, 430, 360, and one could say the front engined California all owe their success to the 355. Because the 348 was such a disappointment according to Luca, that they rectified the issues---imagine what the V8 Ferraris would be like if they hadn't.
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may we see more of the General's products doing that with the C8 mid engined Corvette (if it will happen).
Gm doesn't have the funds.....
All the Ferraris already using lots of American parts from dodge/Chrysler bend , go sit in a ferrari California for instance , navi and plastic straight from a dodge caravan
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Gm doesn't have the funds.....
All the Ferraris already using lots of American parts from dodge/Chrysler bend , go sit in a ferrari California for instance , navi and plastic straight from a dodge caravan
Wasn't it determined that the Navi was better than what Ferrari had?
The first car to use Apple's Carplay is the Ferrari FF
http://9to5mac.com/2014/09/08/first-vehicles-with-apples-carplay-hit-the-road-as-ferrari-delivers-new-ff/ (http://9to5mac.com/2014/09/08/first-vehicles-with-apples-carplay-hit-the-road-as-ferrari-delivers-new-ff/)
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Wasn't it determined that the Navi was better than what Ferrari had?
The first car to use Apple's Carplay is the Ferrari FF
http://9to5mac.com/2014/09/08/first-vehicles-with-apples-carplay-hit-the-road-as-ferrari-delivers-new-ff/ (http://9to5mac.com/2014/09/08/first-vehicles-with-apples-carplay-hit-the-road-as-ferrari-delivers-new-ff/)
8)most likely but u wouldn't want to associate a 300k or 200k car with parts from a normal everyday vehicle esp with Ferraris prestige pedigree...
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8)most likely but u wouldn't want to associate a 300k or 200k car with parts from a normal everyday vehicle esp with Ferraris prestige pedigree...
True...but how many Ferraris have Fiat switchgear? Some Mercedes had Chrysler switches, and Jag/Aston Martin shared Ford parts bin pieces.
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True...but how many Ferraris have Fiat switchgear? Some Mercedes had Chrysler switches, and Jag/Aston Martin shared Ford parts bin pieces.
True but we talking "Ferrari" here :)
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True but we talking "Ferrari" here :)
i wonder what will happen to the "Ferrari mystique" now? Especially since iot seems that business has taken over and not the selling of a lifestyle....
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Looks like a Hyundai with a body kit.
(http://www.lavishcar.com/wp-content/uploads/2014/01/Lexus_LFA_Yellow_Las_Vegas-1024x532.jpg)
This "Hyundai with a body kit" as you call it is a technological masterpiece. It has a state of the art carbon fiber chassis. The V10 engine can rev to it's 9000 rpm redline in 0.06 seconds and sounds like a formula one engine.
Jeremy Clarkson on the LFA:
"it is the best car I have ever driven" and claimed "if someone gave me a choice of selecting one car, I would have a blue Lexus LFA
Jeremy Clarkson:
It looks very very special and inside it even gets better. Unlike Ferrari that fits button everywhere it can find some space, Lexus has thought through everything beautifully in this car. Apart from the switch that engages the reverse, which is behind the mileometer - there's a Spock-like logic to everything. And when you push or pull or engage anything, there is a sense that it will continue to work for thousands of years. It is the nicest car interior I've ever encountered and I would never ever tire of the tool that moves all of the dials around". Clarkson highly praised the LFA engine by saying "Then you fire the engine up. Snick it into first, move off and... whoa! The noise beggars belief. This is not a car that shouts, growls or barks. It howls. Up there, on the moors, it sounded otherworldly.
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This "Hyundai with a body kit" as you call it is a technological masterpiece. It has a state of the art carbon fiber chassis. The V10 engine can rev to it's 9000 rpm redline in 0.06 seconds and sounds like a formula one engine.
Jeremy Clarkson on the LFA:
"it is the best car I have ever driven" and claimed "if someone gave me a choice of selecting one car, I would have a blue Lexus LFA
Jeremy Clarkson:
It looks very very special and inside it even gets better. Unlike Ferrari that fits button everywhere it can find some space, Lexus has thought through everything beautifully in this car. Apart from the switch that engages the reverse, which is behind the mileometer - there's a Spock-like logic to everything. And when you push or pull or engage anything, there is a sense that it will continue to work for thousands of years. It is the nicest car interior I've ever encountered and I would never ever tire of the tool that moves all of the dials around". Clarkson highly praised the LFA engine by saying "Then you fire the engine up. Snick it into first, move off and... whoa! The noise beggars belief. This is not a car that shouts, growls or barks. It howls. Up there, on the moors, it sounded otherworldly.
I think the Veyron looks like shit as well.
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Lexus LFA oil change
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Lexus LFA oil change
ROFLMAO!!!
Wadda Mess.
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i wonder what will happen to the "Ferrari mystique" now? Especially since iot seems that business has taken over and not the selling of a lifestyle....
That's what I'm saying. Imo it's for the better! Ferraris now are more drivable/daily, and reliability and build quality has improved. That's a win win situation
Look at lambo now , lots bitch cause its owned by Audi but it's the best thing to ever happen to them. Lambos are much better now and the quality is light yrs better than the POS diablos and countach's which would be in the shop every wk for repairs
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That's what I'm saying. Imo it's for the better! Ferraris now are more drivable/daily, and reliability and build quality has improved. That's a win win situation
Look at lambo now , lots bitch cause its owned by Audi but it's the best thing to ever happen to them. Lambos are much better now and the quality is light yrs better than the POS diablos and countach's which would be in the shop every wk for repairs
Also, does this mean that the Viper may get the Ferrari DCT and a bump in hp to jump over the Hellcat's 707 and come close or even pass the F12's?
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I agree 100% Ferraris are pieces of garbage in terms of maintenance & reliability.
However people misunderstand these cars. They're not mass produced liked corollas or civics which have a huge aftermarket for parts. If Honda made only 7000 civics a year then a brake job or belt replacement would cost you $3000 as well.
I know 2 people who own Ferraris. Both over the age of 60. One owns a 458 & the other a 355.
Amazing cars & the sound is retarded awesome. Ferrari is almost like this nazi of an exclusive car brand in terms of production. Someone google the cease and desist letter Ferrari sent to deadmaus for wrapping his own 458 some obnoxious color.
Does Ferrari suck? Yes. Would I want own one ? Yes, but only if I didn't think twice about wiping my ass with $10k cash every few months.
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I agree 100% Ferraris are pieces of garbage in terms of maintenance & reliability.
However people misunderstand these cars. They're not mass produced liked corollas or civics which have a huge aftermarket for parts. If Honda made only 7000 civics a year then a brake job or belt replacement would cost you $3000 as well.
I know 2 people who own Ferraris. Both over the age of 60. One owns a 458 & the other a 355.
Amazing cars & the sound is retarded awesome. Ferrari is almost like this nazi of an exclusive car brand in terms of production. Someone google the cease and desist letter Ferrari sent to deadmaus for wrapping his own 458 some obnoxious color.
Does Ferrari suck? Yes. Would I want own one ? Yes, but only if I didn't think twice about wiping my ass with $10k cash every few months.
Not always true. Lotus only made around 100-500 Esprits a year and when I had one, maintenance was no more than any other regular car. Also, reliability was equal to a Toyota Corolla. Never had any issues ever.