The purpose of 60 billion dollars investment by Fiat is to______. [br] [origina

It’s arguably the world’s most iconic luxury sports and racing car. And now for the first time in more than four decades, Ferrari is to become a fully independent company. Fiat Chrysler which currently owns 90% of Ferrari is giving up its stake.
    Ferrari is worth, potentially worth a lot of money. It’s a fantastic symbol of sports car heritage, if you like.(4)But Fiat needs money at the moment. It has just completed the merger with the American car maker Chrysler. There’s a lot of restructuring to be done, a lot of expansion to be done. So Fiat is investing 60 billion dollars in all of this. So it needs to make money in order to finance that investment.(5)The reason for separating Ferrari out into an independent company is because if they do that, if Ferrari is no longer part of this big mass-market car maker with unpredictable profits and stands on its own, it’s likely to be more attractive to investors.