Ferrari
Ferrari moved his factory to Meranello, where he started making racecars. The racing teams he sponsored became influential in racing from the end of World War II. He also began to make commercial sports cars to support his racing business. Fiat bought a small share of the company in 1965. In 1969, they increased their share to 50%. Ferrari stayed on as managing director until the early 70’s. He died in 1988, at the age of 90.Enzo Ferrari was known for his eccentricities, including his famous contempt for his commercial customers. He was upfront about the fact that he only built and sold commercial cars to fund the racing end of his business. Ferrari claimed to dislike his customers because they bought his cars for the status symbol, not for performance. Fiat increased their stake in the company to 90% in 1988, after the founder’s death. Today, Fiat has an 85% share in the company. Enzo’s second son, Piero, owns 10% of the company and acts as Vice President.
Ferraris are one of the most recognizable symbols of wealth and status in the world. Their history starts with Enzo Ferrari, the company’s founder. He never wanted to build racecars—he wanted to race himself. Instead, Ferrari founded his company, Scudiera Ferrari, as a sponsorship company for racecar drivers. Originally independent, it soon became a division of Alfa Romeo. During World War II, Alfa Romeo was taken over by Mussolini as part of the war effort. Ferrari left Alfa Romeo, but his company was forced to help the war effort by selling aircraft parts and machine tools.
Muscle
Cars
Muscle cars were considered the instruments to bring back
the glory and profitability of the global car industry.
Muscle autos were hugely popular in the United States, the
United Kingdom and Australia. With the emergence of many
other car brands and more superior car models, muscle cars
are now nowhere in the map of global cars. However, there
are still some of those vehicles that are in circulation
within the market.
Hybrid
Cars
Hybrid cars are taking the world by storm - figuratively,
literally. And here are just two of the latest hybrid cars
that avid car fans and buyers are sure to love. If you want
an eco-friendly hybrid car that not only drives like a dream
but is a weight off your conscious too, then you must see
the PGO Cevennes Turbo-CNG. This nifty little hybrid car
will run on bio gas making it essential in today's fight
against global warming.
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