Ferrari's already popular IPO is raising $893 million, and the stock value is already racing upward on the New York Stock Exchange. FCA is likely to be a big winner in the deal.
New York Stock Exchange
Citing the ever-nebulous "two sources close to Fiat," Reuters is reporting that the Italian automaker and owner of the Chrysler brand is likely to list itself on the New York Stock Exchange. The move could reportedly happen as soon as 2015, marking the end, at least in the minds of investors, of Fiat's 115-year base in Turin, Italy.