Stellantis says no intention of selling Maserati, after CEO issues warning

Maserati News

Stellantis says no intention of selling Maserati, after CEO issues warning
Carlos TavaresStellantis
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'Stellantis restates unwavering commitment to Maserati's bright future as the unique luxury brand of the 14 Stellantis brands,' the carmaker said in a...

- Stellantis has no intention of selling its luxury vehicle business Maserati or aggregating the unit with other Italian luxury groups, the Jeep maker said on Tuesday.

Carlos Tavares, the Netherlands-based automaker's chief, warned last week that if the company's loss-making brands "don't make money, we'll shut them down".The Chrysler-parent does not release figures for individual brands, except for Maserati, which reported an adjusted operating loss of 82 million euros for the first half of the year.

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