Maserati

Grady to retire as head of Chrysler dealer network, Maserati's N.A. unit

11:54 am U.S. ET | Dec. 5, 2014
Peter Grady will retire as head of Chrysler Group's dealer network on March 31, and will step down as head of Maserati North America at the first of the year. Grady, 54, will retain his current responsibilities until then, Chrysler said in a written statement today....
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Maserati beats Ferrari in Q3 profit on Montezemolo exit

Oct. 29, 2014 18:22 CET
Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo....
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Maserati's holiday fantasy

12:01 am U.S. ET | Oct. 13, 2014
Neiman Marcus is making a pitch to well-heeled holiday shoppers by including a 2015 Maserati Ghibli S Q4 among the fantasy gifts in the high-end retailer's 2014 Christmas catalog. The price tag: $95,000....
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Maserati wants to add 20 U.S. rooftops by year end

12:01 am U.S. ET | Oct. 11, 2014
The global head of Maserati wants the Italian luxury brand to add 20 dealerships in the United States by year end. Speaking to Automotive News at the Paris auto show, Harald Wester said the U.S. is Maserati's "most important market" to reach its ambitious global sales goals....
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Maserati sees global sales topping 35,000 this year

Oct. 3, 2014 14:38 CET
Maserati expects to increase global sales to 35,000 this year from 15,400 in 2013, putting the sports car maker on course to meet a goal of selling 50,000 units in 2015, CEO Harald Wester said....
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2014 Eurostar winner Marco Tencone

Sept. 30, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars achieved success by exceeding expectations. Marco Tencone, Alfa Romeo, Lancia and Maserati styling center coordinator, is this year's Eurostar winner for Design....
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Growing Maserati to add 1st SUV in 2016

12:01 am U.S. ET | Sept. 15, 2014
Maserati, after selling more vehicles in the first half of 2014 than in all of 2013, is on track to reach its goal of 30,000 global sales this year....
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Maserati's secret: Chrysler makes its engine blocks

12:01 am U.S. ET | Sept. 8, 2014
During the summer, workers at Chrysler Group's Trenton Engine Complex in suburban Detroit with no fanfare have been machining aluminum 3.0-liter V-6 engine blocks under the supervision of Ferrari engineers. The blocks are being shipped to Italy, where they will be installed into Maserati's flagship Quattroporte and its new, hot-selling entry-level sedan, the Ghibli....
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Alfa dealers urged to offer luxury services

12:01 am U.S. ET | Aug. 30, 2014
Chrysler Group expects Alfa Romeo dealers to provide luxury services -- such as home pickup and delivery for repairs -- despite having only a handful of cars to sell for the next two years....
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Deepening rivalries test German luxury car dominance

Aug. 25, 2014 08:57 CET
As German premium brands lose their exclusivity in a chase for volume, revived premium brands such as Jaguar, Land Rover, Volvo and Maserati are challenging the luxury-car market dominance of BMW, Audi and Mercedes....
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Kia joins Bentley in wooing the 1% crowd at Pebble Beach

2:34 pm U.S. ET | Aug. 15, 2014
The number of automotive brands making an appearance at the classic-car events in Pebble Beach, California, this week reflects the increasing number of automakers fighting for a piece of the luxury new-vehicle market. High-end car sales, fueled both by more mass-market brands offering upscale models and more premium marques offering lower priced choices, have outpaced the U.S. auto industry's growth since 2012....
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Maserati to cap global sales at 75,000 vehicles a year

7:48 am U.S. ET | July 18, 2014
Fiat Chrysler Automobile's luxury Maserati unit will not sell more than 75,000 vehicles globally a year to retain the exclusivity of the Italian brand....
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Maserati to cap global sales at 75,000

July 17, 2014 14:40 CET
Maserati will not sell more than 75,000 vehicles globally a year to retain the brand's exclusivity, an executive said. Maserati is adding the Levante SUV and Alfieri coupe to its lineup....
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Maserati could benefit from Chrysler minority dealer program, exec says

5:54 pm U.S. ET | July 10, 2014
A Chrysler Group minority dealer development program can help diversify Maserati’s dealer network, the head of both companies’ dealer networks said Thursday....
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To sell Fiat luxury shift, Marchionne seeks labor peace in Italy

June 30, 2014 10:55 CET
Fiat CEO Sergio Marchionne's visit to Italy last week to solve a labor dispute that threatened Maserati production shows how important the country's plants are becoming to the company's future, a union boss said....
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Fiat will sell holdings worth 602 million euros to fund upscale shift

June 20, 2014 11:25 CET
Fiat Chrysler plans to sell holdings valued at about 602 million euros ($820 million), freeing up cash to invest in an expansion of its upscale brands....
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Maserati on track to meet sales targets, CEO Wester says

June 19, 2014 15:45 CET
Maserati is on track to meet sales targets of 50,000 in 2015 and 75,000 in 2018, CEO Harald Wester said. The company sold 15,400 cars globally in 2013....
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Maserati to lift Ghibli, Quattroporte production 20%, reports say

9:26 am U.S. ET | June 10, 2014
Maserati plans to increase production of its Ghibli and Quattroporte sedans by about 20 percent in a sign that Fiat's upscale shift is starting to gain traction, people familiar with the matter said....
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Pushing pricey Alfa Romeo, Maserati

12:01 am U.S. ET | May 12, 2014
In the next five years, Fiat Chrysler will try to sell a lot more vehicles with pricey stickers. CEO Sergio Marchionne, seeking strong profit margins, plans to lavish money on upscale Alfa Romeo, Maserati and Jeep. At the same time, spending on new products will be modest for the mass-market Fiat brand....
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Fiat stock tumbles as investors question Marchionne's plan

May 7, 2014 15:20 CET
Fiat Chrysler CEO Sergio Marchionne has an ambitious five-year plan to more than double profit and increase annual deliveries 61 percent. So far, investors aren't buying it....
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Fiat targets doubling profit by 2018 on upscale models

May 7, 2014 06:01 CET
Fiat Chrysler plans to transform Alfa Romeo, Maserati and Jeep into global brands and more than double profit in the next five years. CEO Sergio Marchionne's goals also include boosting yearly deliveries for the group to 7 million in 2018....
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Fiat stock tumbles as investors question Marchionne's plan

9:20 am U.S. ET | May 7, 2014
Fiat-Chrysler CEO Sergio Marchionne has an ambitious five-year plan to more than double profit and increase annual deliveries 61 percent. So far, investors aren't buying it....
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FIAT CHRYSLER 5-YEAR PLAN

Maserati to add Alfieri coupe in 2016, cabrio in 2017

May 6, 2014 19:22 CET
Maserati will add the Alfieri sports coupe to its lineup in 2016 and an Alfieri cabriolet in 2017, brand CEO Harald Wester said Tuesday during a presentation of Fiat Chrysler Automobiles' new product lineup....
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FIAT CHRYSLER 5-YEAR PLAN

Fiat Chrysler will 'write a completely new book,' Marchionne says

May 6, 2014 08:13 CET
Fiat Chrysler CEO Sergio Marchionne today said the company will move forward as a single global automaker....
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Maserati to add Alfieri coupe in 2016, cabrio in 2017

1:22 pm U.S. ET | May 6, 2014
Italian luxury brand Maserati will add the Alfieri sports coupe to its lineup in 2016 and an Alfieri cabrio in 2017, Maserati CEO Harald Wester said today during a presentation of Fiat Chrysler Automobiles' new product lineup....
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