Ferrari dismisses reports about moving to the Netherlands
08/02/2014 10:47 am EDT


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Ferrari has denied media reports in Italian dailies claiming the Italian luxury carmaker plans to move to the Netherlands, Reuters has reported. “Ferrari has been based in Maranello since 1947 and will remain there with its cars and its brand,” the company said. Ferrari’s parent company, Fiat said last month it would register the holding of its newly created Fiat Chrysler Automobiles group in the Netherlands and set its tax domicile in the UK.

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