Maserati has seemingly cracked its long-term profitability problem, even if its 2022 sales fell well short of previously posted targets.
The Stellantis-owned premium brand posted profit margins of 8.7% on revenues of €2.3 billion (£2.0bn) last year. Margins climbed into double digits in the second half, reaching 10.1%, as sales of the new Grecale SUV started coming through.
“Maserati is back, doing the right things in the right way,” said Stellantis CEO Carlos Tavares in an earnings call on Wednesday.
