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Ferrari to stop supplying Maserati with its engines

The Ferrari Q1 earnings call was full of information, and perhaps the biggest revelation was that Ferrari is going to stop supplying engines to Maserati. CEO Louis Camilleri broke the news, and The Motley Fool posted a transcript of the whole call online. "Eventually, we will no longer supply engines to Maserati, which actually from our perspective is actually a good thing, both from a margin perspective, but also the fact that we can transfer a lot of the labor that's been focused on the engines to the car side of the business," Camilleri says. Maserati has used Ferrari engines (arguably, one of the most compelling reasons to buy a Maserati) in its vehicles since 2002, a little while after Fiat passed Maserati off to the prancing horse. The partnership continued as both Ferrari and Maserati were under the same house at FCA. Then when Ferrari was spun off from FCA in 2015, they kept the supply steady to Maserati. Those engines include a 3.8-liter twin-turbo V8, 3.0-liter twin-turbo V6 and a 4.7-liter naturally aspirated V8. Camilleri said Ferrari will officially stop in 2021 or 2022, with no intention of supplying anybody with engines beyond that. Of course, this leaves Maserati high and dry with no engines for its growing lineup. Maserati will have to reach into the FCA parts bin, find a new outside supplier or develop its own engines. Battery electric sounds out of the question. As of now, there doesn't appear to be a clear plan going forward. We've reached out to Maserati to see if they have any comment on the situation as it stands.

Electric Maserati Grecale Folgore will have over 500 horsepower

Maserati is beginning to release details about its Folgore-badged range of EVs. We know that the battery-powered version of the next Gran Turismo will have over 1,200 horsepower, and Autoblog learned preliminary details (including output and range) about the Grecale Folgore. Due out in 2023, the electric Grecale will share its Giorgio platform with the gasoline-powered model. Pictured in the gallery above, the architecture will incorporate a 105-kilowatt-hour lithium-ion battery pack and a pair of electric motors for through-the-road all-wheel-drive. Federico De Medio, Maserati's head of vehicle validation, told us to expect over 500 horsepower and more than 300 miles of driving range. "We were able to install the battery pack in the lower part of the car while keeping the Giorgio platform, which is a very versatile architecture that can be multi-energy," he said. "I've heard people say, 'It can't underpin an EV!' Well, you can clearly see that it can." Maserati will rely on lightweight materials, like aluminum and carbon fiber, to partially offset the weight of the battery pack. It will give the Grecale a 400-volt electrical system, a solution chosen for its flexibility, and the motors that will power the SUV will not be the same units fitted to the Gran Turismo. Clearly, there is no one-size-fits-all answer to electrifying a portfolio of models as diverse as Maserati's. But, while electric cars make headlines, gasoline-powered cars make volume, and Maserati isn't giving up on that part of its range quite yet. It tentatively plans to offer only electric cars by 2030, but until then (and maybe even beyond then) it will let customers choose what they drive. "We are one of the few brands still making investments in two technologies: internal combustion and electric," said Bill Peffer, head of Maserati's American division. "People have asked us why. The reason is simple: We're adding products to the lineup, and the [EV] adoption curve is different in different parts of the world, so we're going to let the customer choose. The customer is going to decide what the rate is going to be, and we have the flexibility of ramping up or ramping down depending on demand. There's a long runway between now and 2030."

Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.