Ferrari China sales seen returning to growth this year
GENEVA, March 1 (Reuters) - Ferrari expects to return to growing sales in China this year but only at a single digit rate, Enrico Galliera, senior vice president of its commercial division, said on Tuesday.
Chairman Sergio Marchionne added that the carmaker would issue a planned bond soon as markets were conducive to doing so.
Asked about the future of Chief Executive Amedeo Felisa, Marchionne said the 70-year-old executive would remain in his post for now, but did not answer when asked about his role once the current board expires in April.
He only said that Felisa would remain with the company, but declined comment on what position he would hold.
(Reporting by Agnieszka Flak)
© Thomson Reuters 2016 All rights reserved.