OCTOBER 8, 2014
Ferrari may need yet another new president after 2018
Ferrari could be looking for yet another new president in a few years time. Sergio Marchionne, also the Fiat-Chrysler chief, is officially taking over from Ferrari's Luca di Montezemolo next Monday. But the 62-year-old has now told Bloomberg that he will "undoubtedly do something else" after the end of 2018. "I am not going to do any more turnarounds. I'm done; let some of the young punks do it," he said. (GMM)