Currently reading: Stellantis won't sell Maserati despite CEO's "shut down" warning

Analysts suggested the group could look to offload the Italian sports car maker after an €82 million adjusted operating loss

Stellantis will not sell the Maserati brand, it has today confirmed, in spite of CEO Carlos Tavares’ earlier warning he would “shut down” underperforming car makers.

On Monday, Tavares told reporters: "If they don't make money, we will shut them down.” He added: “We cannot afford to have brands that do not make money.”