Ferrari denies move from Italy to the Netherlands

Related Topics

TURIN (Reuters) -- Ferrari does not plan to move to the Netherlands, the company said today, denying Italian media reports.

"Ferrari has been based in Maranello [Italy] since 1947 and will remain there with its cars and its brand," the company said in a statement.

Ferrari's parent company Fiat Group said last month it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in the UK.

Italian daily Il Giornale reported on Friday that the luxury carmaker would move its newly created merchandising company to the Netherlands or the UK.

Contact Automotive News

Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.

Or submit an online comment below. (Terms and Conditions)


 

Latest Headlines

More »
2014 Geneva Motor Show tease
2013 Rising Stars 
2013 Rising Stars 
Rocket Fuel