Stellantis NV Considers Sale of Maserati Luxury Brand
Stellantis NV, a multinational automobile and commercial vehicle manufacturing company, is undergoing a strategic review. The company is evaluating the potential sale of its luxury brand, Maserati.
Maserati has been experiencing significant losses and declining sales, prompting the company to consider this option. The sale of Maserati is one potential solution being explored by Stellantis as it seeks to restructure its portfolio of 14 vehicle brands.
Key Facts:
- Stellantis NV is a multinational automobile and commercial vehicle manufacturing company
- Maserati is a luxury brand owned by Stellantis NV
- Maserati has been experiencing significant losses and declining sales
- The sale of Maserati is one option being considered by Stellantis NV
Market Reaction:
The company’s stock price has reacted mildly to the news, currently trading at around 8.25 euros, a slight increase from the previous day.