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Stellantis in talks with Huawei, JAC over Maserati partnership

Created at 4 Sep · 2:19 PM1 source↑ Market-relevant
IN SHORT

Stellantis is reportedly in discussions with China's Huawei and JAC Group for a long-term industrial cooperation deal focused on its struggling luxury brand, Maserati. The partnership could involve integrating Huawei's intelligent mobility platform and a dual-branding strategy.

Key Numbers

€198 millionMaserati's adjusted operating loss
$230 millionMaserati's adjusted operating loss
8,000Maserati cars shipped last year
€60 billionStellantis' business plan to 2030

Who's Involved

Stellantis
Automaker in talks for Maserati partnership
Huawei
Chinese technology firm in potential Maserati cooperation talks
JAC Group
Chinese automaker in potential Maserati cooperation talks
Antonio Filosa
CEO of Stellantis

↳ Why This Matters

This potential collaboration could revitalize Maserati by leveraging advanced technology and manufacturing capabilities, potentially improving production efficiency and market reach, particularly in China.

Key facts

  • Stellantis is in discussions with Huawei and JAC Group regarding Maserati.
  • The potential deal aims for long-term industrial cooperation.
  • Huawei's Harmony Intelligent Mobility platform could be integrated into Maserati vehicles.
  • A dual-branding strategy is being considered for the Chinese and international markets.
  • Maserati is set to present its long-term strategy in December.
  • Automaker Stellantis is reportedly in discussions with China's Huawei and JAC Group for a long-term industrial cooperation deal focused on its struggling luxury brand, Maserati. The talks, first reported by Italian daily Milano Finanza, are at an advanced stage and could involve integrating Huawei's Harmony Intelligent Mobility platform into Maserati vehicles.

    Stellantis CEO Antonio Filosa has previously indicated the company's interest in further manufacturing partnerships, including for Maserati, as part of its new long-term strategy. Such a deal could positively impact production rates at Stellantis' Cassino and Modena plants in Italy. Maserati, which shipped fewer than 8,000 cars last year and posted an adjusted operating loss of €198 million ($230 million), is scheduled to unveil its own long-term strategy in December.

    The potential partnership could also include a dual-branding strategy, where a jointly developed vehicle might be marketed under JAC's Maextro luxury marque in China and under the Maserati brand internationally. Filosa has previously announced production tie-ups with Chinese groups Leapmotor and Dongfeng as part of a €60 billion business plan through 2030. Stellantis confirmed it holds discussions with various industry players but declined further comment.

    Frequently asked questions

    Maserati shipped fewer than 8,000 cars last year and posted an adjusted operating loss of €198 million ($230 million).

    Huawei's Harmony Intelligent Mobility platform could be integrated into Maserati vehicles.

    Stellantis CEO Antonio Filosa has announced production tie-ups with Chinese groups Leapmotor and Dongfeng as part of a €60 billion business plan to 2030.

    What Happens Next

    01Maserati is set to present its long-term strategy in December.
    02Production of the first jointly developed vehicle could start by the end of next year.

    How It Developed

    Stellantis is in talks with Huawei and JAC Group for industrial cooperation on Maserati.
    The partnership could involve using Huawei's Harmony Intelligent Mobility platform.
    Production of a jointly developed vehicle could start by the end of next year.
    A dual-branding strategy may see vehicles marketed under JAC's Maextro and Maserati brands.

    Sources

    T1
    Stellantis in talks with Huawei, JAC over Maserati partnership, sources sayReuters

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