1966
The 1966 profile contrasted Ferrari's small output with Fiat's production of about 4,000 cars a day.
“When one compares this output and the care that goes into it with the 4,000 cars a day turned out by Fiat”
Topic
Fiat
7 facts from 2 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
1969
In 1969, when Enzo Ferrari was seventy-one, Fiat bought 50% of Ferrari.
“in 1969, when Enzo was seventy one, Fiat buys 50% of Ferrari.”
1969
In the Fiat deal, Enzo Ferrari kept control over all of Ferrari's racing activities.
“he's gonna sell 50% of the company, but he retains control over all racing activities.”
1969
In 1969 Enzo Ferrari sold 50% of Ferrari to Fiat for a little under $3.5 million, valuing the company at about $6.8 million, according to the hosts' exchange-rate calculation.
“they ended up selling half the company for a little under $3.5 million, valuing all of Ferrari at $6.8 million.”
1988
The remaining 40% of Ferrari was acquired by Fiat in 1988 for about $77 million, valuing the company at about $192 million.
“it is $77 million, which valued the company at $192 million in 1988.”
2005
Sergio Marchionne ended Fiat's partnership with General Motors in a deal in which GM paid Fiat $2 billion.
“Sergio gets them out of the partnership and engineers GM paying $2 billion to fiat in order to end the partnership.”
Undated
As a young man, Enzo Ferrari went to Turin to seek a job at Fiat and was turned down.
“So he goes to Turin where Fiat is. He tries to get a job there. They turn him down.”
Episodes