Luca di Montezemolo`s resignation as Ferrari chairman on Wednesday severs an historic link with the company`s late founder Enzo and marks the end of an era for Formula One`s most successful and glamorous team.
Long serving Ferrari president, Luca Cordero di Montezemolo has announced that he will leave the Formula One team next month. The 67-year-old was under pressure to quit from Sergio Marchionne, the chief executive of parent company Fiat.
Supreme Court has held that summoning of accused persons cannot be withheld merely on the ground that it will hurt the interests of other accused who are "well-known" or just because the witnesses are related
to the complainant.
Italian car-maker Fiat today said it plans to bring its super premium hatchback `By Diesel 500`, a co-branded model with European clothing firm Diesel, to India as it looks to add more style quotient to its portfolio
Car maker Fiat India Automobiles on Monday said it has arranged funds to the tune of Rs 2,500 crore from a consortium of domestic and international lenders to support the company`s operations and production of vehicles.