Maserati could possibly be a stand-alone model sooner or later if it could change into sustainably worthwhile, Stellantis Chief Financial Officer Richard Palmer stated, including that no resolution has been made.
In current years, various Maserati’s high-end rivals have been spun off from their guardian 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 to be as public firms. Other current market debuts embrace Geely and Volvo’s Polestar model.
But the file is blended for these new entrants. As of Thursday, Ferrari’s market capitalization practically equalled that of Stellantis; Porsche’s share worth has largely held worth regardless of a bigger market selloff. Aston Martin and Polestar, nonetheless, have struggled.
Maserati’s efficiency as a part of Fiat Chrysler Automobiles forward of the merger with PSA Group that created Stellantis was uneven, with ever-shifting product plans and gross sales forecasts that didn’t pan out.
The model has fared higher underneath Stellantis, which was fashioned on the finish of January 2021. Global gross sales rose by 41 p.c in 2021 to 24,300 models.
Maserati income was up 47 p.c 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. Operating margin was 5.1 p.c – and 6.5 p.c within the second half after the MC20 supercar entered the market.
Third quarter revenues this 12 months have been up 23 p.c this 12 months over 2021, Stellantis introduced Thursday. Shipments rose by 14 p.c.
Source: europe.autonews.com