Commerzbank joins Mediobanca to buy Ferrari stake

July 01, 2002 05:00 AM

MILAN -- Germany's Commerzbank AG said on Monday it had joined Italian partner Mediobanca in a deal to buy a 34 percent stake in sports car maker Ferrari from its owner, Fiat.

Featured Stories

BYD unveils faster-charging EV platform that powers 249 miles of range in 5 minutes

BYD unveils faster-charging EV platform that powers 249 miles of range in 5 minutes

Honda to buy hybrid batteries from Toyota’s $13.9B N.C. complex as tariff workaround, report says

Honda to buy hybrid batteries from Toyota’s $13.9B N.C. complex as tariff workaround, report says

The 3 most probable tariff scenarios auto faces, according to S&P

The 3 most probable tariff scenarios auto faces, according to S&P

Foxconn nears EV deal with two Japan companies after collapse of Honda-Nissan talks, report says

Foxconn nears EV deal with two Japan companies after collapse of Honda-Nissan talks, report says

Latest News

Mazda shifts to ‘lean asset’ mode as new secret weapon in EV age

VW, with Rivian help, brings forward launch of first software-defined vehicle

Former subprime lender sentenced to four years in prison

Daily 5 report for March 17: Tariffs make for strange bedfellows as Toyota and Honda team up

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Honda to buy hybrid batteries from Toyota’s $13.9B N.C. complex as tariff workaround, report says

Top 5 Canadian auto stories this week: Ottawa warns automakers; B.C. cuts Tesla; tariffs target production; more

Top 5 stories of the week: Nissan’s new CEO; metals tariffs take effect

Kenichi Kawaji named new Mitsubishi Canada CEO

Staying current is easy with newsletters delivered straight to your inbox.