By Giulio Piovaccari, Valentina Za and Stephen Jewkes
MILAN (Reuters) – Afterwards added than a year on the skids, Maserati has taken the wraps off a new aerial achievement sports car which ancestor Fiat Chrysler <FCHA.MI> hopes will advice about-face the cast into the “crown jewel” of its alliance with France’s Peugeot <PEUP.PA>.
The glassy and super-lightweight MC20 offers dispatch from aught to 100 kilometres an hour (km/h) in beneath 2.9 abnormal and a top acceleration of 325 km/h.
Speaking at the barrage in Italy’s auto burghal of Modena, Fiat Chrysler (FCA) CEO Mike Manley predicted Maserati would acknowledgment to accumulation from abutting year and was destined to be a “crown jewel” for the new Stellantis accumulation to be built-in from the Peugeot merger.
He said assignment to abutting the alliance by the aboriginal division of abutting year was advanced well, and his role in the new accumulation would be appear by the end of year.
Maserati, which fabricated an operating accident of 199 actor euros ($235 million) aftermost year, is accepted to bear anniversary sales of added than 75,000 cartage and a accumulation allowance of added than 15% “towards the end” of a five-year period, Manley said.
That compares with 26,500 cartage and a allowance of bare 12.4% in 2019.
“Maserati is at the actual alpha of a actual agitative journey,” Manley said, abacus any belief about a abeyant aftereffect replicating what FCA did with affluence sports car maker Ferrari <RACE.MI> was abortive afore targets were reached.
“A few years bottomward the band we can accept that affectionate of speculation, not appropriate now,” he said.
The MC20 is allotment of a agile of new cartage planned amid now and 2023 to bolster FCA’s attendance at the top end of the autos market. Stellantis’s accumulated portfolio has no added all-around affluence brand, afar from top-of-the-line Jeep and Ram barter models that advertise for affluence prices in North America.
However, antagonism is boxy from the brand of Aston Martin, Ferrari, Porsche and Tesla.
The MC20 will barrage with an centralized agitation agent and a starting amount of 216,000 euros in Europe and $230,000 in the United States, with a fully-electric adaptation accepted later.
Carlos Tavares, the arch of Peugeot-maker PSA who will be CEO of Stellantis, has said he sees no charge to atom any brands afterwards the merger.
“I can brainstorm Tavares absolutely actuality absolutely agog on accepting the brand of Maserati as allotment of the added group,” IHS Markit analyst Ian Fletcher said.
Manley has committed to advance 2.5 billion euros in new Maserati models, adage its assignment on new technologies can account the blow of the group.
“We are attractive to accumulate Maserati at the beginning of area it needs to be to account downstream,” he said.
Maserati beforehand this year started affairs a amalgam adaptation of its Ghibli affluence sedan, and affairs to barrage amid 2021 and 2022 a new SUV and redesigned GranTurismo and GranCabrio models, the brand’s aboriginal fully-electric cars.
(1 euro = $1.18)
(Reporting by Giulio Piovaccari and Joseph White; Editing by Richard Chang and Mark Potter)