Author: NASRIN POON BINTE HASHIM

Stellantis is reportedly mulling the possibility of putting Italian brand Maserati up for sale. Global automaking giants Stellantis is reportedly mulling the possibility of putting its Maserati brand up for sale. The famed trident marque rooted in Modena, Italy, renowned for luxury and performance, saw its sales collapse by 48% earlier this year. In fact, former Stellantis CEO Carlos Tavares even admitted once that Maserati was “in the red” due to poor marketing. Whilst Stellantis deny such plans, newswire Reuters quoted sources alleging that the parent firm is being recommended by consultants McKinsey to divest in Maserati in some way…