Stellantis CEO Fails To Ensure Maserati's Electrification Plan, Italian Workers Union Is Anxious

Maserati GranCabrio. (Doc. Maserati)

JAKARTA CEO of Stellantis, Carlos Tavares, faced criticism after failing to provide clarity on Maserati's electrification plan in a meeting with the Italian union, Tuesday, November 5.

This uncertainty further reinforces concerns about the future of Italian luxury brands which are now at a loss.

Reuters reported on November 6, Tavares visited Maserati's factory in Modena, the brand's hometown. However, according to Samuele Lodi and Stefania Ferrari, representatives of the FIOM-Cgil union, no definite answers were given regarding Maserati's electrification future.

"Contrary to previous information, the electricity version of the MC 20 sports car scheduled for mid-2025 is no longer mentioned," Lodi and Ferrari said in a joint statement.

Their statement also revealed that during the meeting there was no information about the planned new electric or product model for the Modena plant. This sparked concerns that Maserati's electrification project might face delays or changes.

Tavares' arrival at Modena was also accompanied by Maserati's new CEO, Santo Ficili, who was just appointed this month. Previously, under the leadership of the previous CEO, Maserati had announced plans to fully switch to electric vehicles by 2028. This includes the launch of a large electric version of the Levante SUV in 2027 and an electric Quattroporte sedan by 2028.

Meanwhile, Stellantis dismissed speculation about Maserati's potential sale, Tavares publicly stated that the group could not continue to support the losing brand. Even so, Stellantis has yet to comment on the union's statement.

In a previous note, Stellantis emphasized his commitment to Maserati's electrification and stated that he was finalizing a strategic plan to return Maserati to its top position in the market, with the latest line of products and technology in the coming years.