Maserati might ‘stand by itself’ in the future, Stellantis says

Maserati might be a stand-alone model sooner or later if it will probably turn into sustainably worthwhile, Stellantis Chief Monetary Officer Richard Palmer mentioned, including that no determination has been made.

In recent times, a variety of Maserati’s high-end opponents have been spun off from their father or mother firms as separate listings, together with Ferrari (from Fiat) on the finish of 2015 and Porsche (from Volkswagen Group) on the finish of September. Aston Martin went public in 2018. 

VW Group has additionally requested a number of of its separate manufacturers to mannequin what they might appear like as public firms. Different current market debuts embrace Geely and Volvo’s Polestar model.

However the report is blended for these new entrants. As of Thursday, Ferrari’s market capitalization almost equalled that of Stellantis; Porsche’s share worth has largely held worth regardless of a bigger market selloff. Aston Martin and Polestar, nevertheless, have struggled. 

Maserati’s efficiency as a part of Fiat Chrysler Vehicles forward of the merger with PSA Group that created Stellantis was uneven, with ever-shifting product plans and gross sales forecasts that did not pan out.

The model has fared higher underneath Stellantis, which was shaped on the finish of January 2021. International gross sales rose by 41 % in 2021 to 24,300 models.

Maserati income was up 47 % in 2021 to greater than 2 billion euros. Adjusted working revenue was 103 million euros in contrast with a lack of 91 million euros in 2020. Working margin was 5.1 % – and 6.5 % within the second half after the MC20 supercar entered the market.

Third quarter revenues this yr have been up 23 % this yr over 2021, Stellantis introduced Thursday. Shipments rose by 14 %.

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