Stellantis has no intention of promoting its luxurious car enterprise Maserati or aggregating the unit with different Italian luxurious teams, the Jeep maker stated on Tuesday.
“Stellantis restates unwavering dedication to Maserati’s shiny future because the distinctive luxurious model of the 14 Stellantis manufacturers,” the carmaker stated in a press release, whereas additionally reaffirming dedication to its whole portfolio.
Carlos Tavares, the Netherlands-based automaker’s chief, warned final week that if the corporate’s loss-making manufacturers “do not become profitable, we’ll shut them down”.
The feedback got here after Stellantis delivered worse-than-expected outcomes for the primary half.
The Chrysler-parent doesn’t launch figures for particular person manufacturers, apart from Maserati, which reported an adjusted working lack of 82 million euros for the primary half of the 12 months.
Some analysts had beforehand famous that Maserati might probably be a goal for a sale by Stellantis, which the corporate’s chief monetary officer didn’t rule out, whereas different manufacturers resembling Lancia or DS is likely to be liable to being scrapped, given their marginal contribution to the group’s total gross sales.
