Maserati To Stop Production For A Week!

Written By:

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.

Read more on: #maserati
Story first published: Friday, October 9, 2015, 11:39 [IST]
Please Wait while comments are loading...

Latest Photos