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
Lamborghini Temerario Super Trofeo Unveiled – 648 HP V8, No PHEV

Lamborghini Temerario Super Trofeo Unveiled – 648 HP V8, No PHEV

The all-new Lamborghini Temerario Super Trofeo race car has been revealed ahead of its racing debut in 2027.

10-11-2025
International
All-new Ninth-Gen Toyota Hilux Bows With ICE, BEV & FCEV Power

All-new Ninth-Gen Toyota Hilux Bows With ICE, BEV & FCEV Power

All-new ninth-gen Toyota Hilux officially revealed in Thailand with ICE, BEV and FCEV powertrains planned.

10-11-2025
International
Proton e.MAS 5 Set To Skip Thailand, But Geely EX2 ‘Twin’ Won't

Proton e.MAS 5 Set To Skip Thailand, But Geely EX2 ‘Twin’ Won't

Geely EX2 – ‘twin’ to the Proton e.MAS 5 – reportedly set to enter Thailand market, making it the model’s first RHD market too.

06-11-2025
International
BYD’s Kei Car Car Puts Pressure on Japan’s Automakers

BYD’s Kei Car Car Puts Pressure on Japan’s Automakers

Suzuki calls BYD a “wake-up call” as the Chinese automaker gains credibility and momentum in Japan’s Kei car segment.

International
Toyota Developing New V8 For Upcoming New Sportscars

Toyota Developing New V8 For Upcoming New Sportscars

Toyota confirms it is developing a brand new twin-turbo V8 based on latest 2.0-litre 4-cyl, will power several halo sportscar models - Lexus included.

04-11-2025
International
Nissan, Mercedes Will Close Joint Plant As Part Of Global Reset

Nissan, Mercedes Will Close Joint Plant As Part Of Global Reset

The Nissan-Mercedes joint venture plant in Mexico will wrap up by 2026 as Nissan streamlines global production.

04-11-2025
International
MG3 Hatchback Recalled In Australia Over Driver's Seat Failure

MG3 Hatchback Recalled In Australia Over Driver's Seat Failure

Crash-tests discovery of seat railing failures prompts recall for MG3 hatchback in Australia.

04-11-2025
International
Perodua Ativa & Myvi Launched In Sri Lanka – From RM149k & RM186k Respectively!

Perodua Ativa & Myvi Launched In Sri Lanka – From RM149k & RM186k Respectively!

Perodua Ativa and Myvi now exported to Sri Lanka, priced from RM149,056 and RM185,755 onwards respectively.

03-11-2025