Link Copiedcheck_circle
International

Maserati Will Not Engage In Price War With Competitors - CEO

Anis

Share via

image.png

Maserati's goal is not to offer affordable cars, but to build the best cars possible, says CEO.
Interesting statements from Maserati's number one, managing director David Grasso. In an interview with Reuters, Trident automaker’s  CEO stated that his company will never compete in price wars with rivals for the sale of electric vehicles, as Tesla, Ford, and other automakers are doing.
Analysts and market experts are concerned that once the problem of a lack of semiconductors, which has significantly reduced global car production, is resolved, the major automakers will pursue a strategy similar to Tesla's, which has already reduced the prices of its vehicles on several occasions since the beginning of the year. image.png

This, however, will not be the case with Maserati. In fact, Grasso stated that the price of a car is a critical factor for any brand, but when it comes to luxury brands like Trident, the situation becomes even more delicate. In fact, the Italian brand will never focus on volume, so this type of strategy is pointless.
Grasso stated that Maserati's goal is not to offer affordable cars, but to build the best cars possible with the goal of creating a quality, prestigious, and well-made product that customers who choose to pay that price for buy it appreciate.
image.png

Finally, Grasso mentioned that Maserati's sales increased by 42 percent in the first half of 2023. This is due, in part, to the Grecale SUV and the sporty Gran Turismo. Grasso now wants to show, in the second half of 2023, that this is not an exceptional case and that the brand's growth is now unstoppable.

image.png

Gallery

Tagged:

Maserati EV
Share This Article

Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

Share via

Related News

EV
Maserati GranCabrio Folgore Debuts as an 818 HP EV Convertible

Maserati GranCabrio Folgore Debuts as an 818 HP EV Convertible

The all-new Maserati GranCabrio Folgore breaks cover as a sporty EV convertible with an 818 HP-rated tri-motor.

16-04-2024
EV
Next Generation Maserati Quattroporte Will Be An EV-Only GT

Next Generation Maserati Quattroporte Will Be An EV-Only GT

Maserati’s flagship four-door saloon, the Quattroporte, will reportedly become an electric-only GT in its next generation.

09-11-2022
International
2023 Maserati GranTurismo range unveiled with three variants

2023 Maserati GranTurismo range unveiled with three variants

New 2023 Maserati GranTurismo range officially unveiled with three variants including two with V6 turbo hearts plus all-electric ‘Folgore’.

04-10-2022

Latest News

International
Chery Safety Challenge Enters Indonesia, Hybrid Battery Resilience Tested

Chery Safety Challenge Enters Indonesia, Hybrid Battery Resilience Tested

Chery Safety Challenge enters Indonesia, demonstrates plug-in hybrid battery safety in flood-prone, high-humidity conditions.

19-06-2025
International
Chevrolet Corvette ZR1X Bows With Hypercar-baiting 1,250 HP!

Chevrolet Corvette ZR1X Bows With Hypercar-baiting 1,250 HP!

Chevrolet Covette ZR1X bows as the nameplate’s new top dog, boasts hypercar-baiting 1,250 HP output too.

18-06-2025
International
Next-Gen Mazda CX-5 Hybrid Leaks Online

Next-Gen Mazda CX-5 Hybrid Leaks Online

Image of upcoming new generation Mazda CX-5 Hybrid leaks online, will likely debut soon as a 2026 model year offering.

18-06-2025
International
One EV Pollutes Like Three Hybrids - Toyota Chief

One EV Pollutes Like Three Hybrids - Toyota Chief

Toyota Chairman argued that EVs may not always be the greenest option, claiming one EV's impact equals that of three hybrids

17-06-2025
International
Mansory Brings Lots Of Carbon Fibre To G90-Gen BMW M5

Mansory Brings Lots Of Carbon Fibre To G90-Gen BMW M5

G90-gen BMW M5 super-saloon gains lots of carbon fibre plus big power bump from tuners Mansory.

17-06-2025
International
VW Golf GTI Edition 50 Charts New Nurburgring Record for the Brand

VW Golf GTI Edition 50 Charts New Nurburgring Record for the Brand

The new Golf GTI Edition 50 is now the fastest production Volkswagen to lap the Nurburgring Nordschleife.

17-06-2025
International
New Third-Gen Audi Q3 Revealed

New Third-Gen Audi Q3 Revealed

New third-gen Audi Q3 fully revealed, features full design refresh with split taillights, column shifter and more.

17-06-2025
International
Ativa’s Subaru Rex ‘Cousin’ Gains New Hybrid REEV/EREV Variants

Ativa’s Subaru Rex ‘Cousin’ Gains New Hybrid REEV/EREV Variants

Japan market Subaru Rex, essentially ‘twins’ with the Perodua Ativa, gains new hybrid REEV/EREV variants.

16-06-2025