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Fiat Chrysler CEO: Ferrari IPO 'long overdue' As Ferrari launched on the New York Stock Exchange on Wednesday, Fiat Chrysler CEO Sergio Marchionne, whose company is spinning off the brand, hailed the move as 'long overdue' and said Ferrari will grow by expanding its brand outside its traditional car business. He also commented on the VW emissions scandal, saying he expects diesel sales to recover from a short sales hit. IMAGES AND SOUNDBITES