Stellantis is the only high-end name the automaker has, and things could change when a new CEO starts on Monday. A report from Reuters on Friday states that Stellantis may sell Maserati to reduce losses while the carmaker restructures. In April, Stellantis reportedly brought in experts from McKinsey to assess how U.S. tariffs might affect Maserati and Alfa Romeo. Stellantis wanted these two companies, neither of which manufactures cars in the United States, to transition to electric cars in the coming years by completely overhauling their product lines. Two sources told Reuters that McKinsey is currently looking into Stellantis’ “possible divestment of Maserati” as an option. A Stellantis spokesperson told The Invoice-pricing, “Respectfully, Maserati is not for sale.” Despite launching new premium models like the GranCabrio, GT2 Stradale, and MC20 sports car, Maserati has continued to face difficulties. The only electric roadster currently available on the market is the GranCabrio with Folgore trim. During the parent company’s 2024 earnings call in February, CFO Doug Ostermann stated that the company had written down a $1.59 billion investment in Maserati. The investor presentation for the company says that “the cancellation of projects prior to launch” is one part of this. Maserati sales dropped 58% in 2024, from 26,600 cars the previous year to 11,300 cars. There was an adjusted financial loss of € 260 million ($299 million) due to a decline in sales. Maserati is preparing for an all-electric future by discontinuing its V-8 engine in 2023. However, Maserati ceased production of its electric racecar, the MC20 Folgore, in early 2025 due to insufficient demand. It is said that the electric racecar is nearly complete and ready for a quick debut. Carlos Tavares resigned from his position as CEO of Stellantis in December. The head of the board, John Elkann, was in charge while the company sought a new CEO. Antonio Filosa, a current Stellantis executive with extensive experience in senior positions including serving as CEO of Jeep is set to take over as the company’s CEO on Monday.
