Latest News
- Log9 Unveils Amphion & Nexmile – Revolutionizing EV Asset Management
- 2025 Cayenne GTS Unveiled: V8 Power And Advanced Dynamics In New Porsche Models
- 2024 Isuzu D-Max V-Cross Facelift: What To Expect From The Latest Updates
- Suzuki Access Electric To Electrify The Indian Scooter Market By 2024
- Bajaj Pulsar 400 Teaser Out – Launch Date & Other Details
- Tata Motors Rolls Out New Bi-Fuel Tata Magic Van, Aiming At Eco-Friendly Transportation
- Maruti Suzuki Ertiga Continues To Lead the MPV Market Despite Long Waits
- Volkswagen Taigun GT Line & GT Plus Sport Launched At Rs 14.08 Lakh – Comes With Sporty Design Enhancements
- Volkswagen Virtus Marks Sales Increase In India, Becomes Top 5 Best-Selling Sedan
- Top Tips – How To Charge Electric Scooters For Best Battery Life
Maserati To Stop Production For A Week!
Italian luxury carmaker Maserati will stop production at its Grugliasco factory in Italy for a whole week, owing to weak demand and declining sales.
In order for the company to meet market demand currently, Maserati factory will not manufacture cars from the 2nd of November to the 8th, which will also means that 2,000 workers won't have work during this period.
The carmaker saw massive demand in 2013 and 2014 when the Ghibli sedan and the new Quattroporte were introduced. The company also introduced new twin-turbo V6 and V8 engines. During this time, the company posted 171 percent growth.
Coming to present numbers, Maserati has seen sales fall by 34 percent this September, compared to the same time in 2014. In February 2015 sales plummeted by 43 percent for the carmaker, compared to sales during Feb 2014.
The company is aiming to sell 75,000 units annually by 2018, and the upcoming Maserati Levante SUV that is to arrive during the 2016 Geneva Motor Show could help.