07 Maserati Quattroporte Sport Gt*24k Miles* Loaded* 1 Owner* $127,875 Msrp on 2040-cars

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Fiat Chrysler's Q3 profit boosted by strong North American earnings

MILAN, Italy — Fiat Chrysler Automobiles (FCA) reported a 17 percent jump in third-quarter adjusted operating profit on Tuesday, helped by a strong performance in its key North American market and improving operations in Europe and Latin America. The world's seventh-largest carmaker still makes the lion's share of its profits in North America, so improving, or at least maintaining, its margins there is a key focus. The carmaker reported an 8 percent adjusted operating profit margin in the region, up from 7.6 percent a year ago, despite a drop in sales and shipments. "FCA's profitability in North America remained strong in the quarter despite a weakening market there," a Milan-based analyst said. FCA's profitability compares with an 8.3 percent North America margin reached in the quarter by bigger U.S. rival GM , showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other U.S. rival, Ford, by 2018. The company's confirmation of its full-year outlook also pushed shares higher, a trader added. The stock was up 2.8 percent by 1129 GMT, outperforming a 1 percent rise in the European auto index. FCA has been retooling some U.S. factories to boost output of sport-utility vehicles (SUVs) and trucks while ending production of some unprofitable sedans to strengthen profitability as the U.S. car market comes off its peak. The company said a drop in North America shipments due to lower fleet sales and discontinued models was partially offset by higher deliveries of Ram trucks and two models from the Alfa Romeo stable: the Stelvio sport utility vehicle and Giulia sedan. Profitability also improved in Europe, helped by sales of the Stelvio and the new Jeep Compass, and Latin America, while margins at Maserati remained strong at 13.8 percent due to strong demand for its first SUV, the Levante. In a later conference call, investors are looking for hints on the new strategy to 2022 which the company promised to unveil early next year. Chief Executive Sergio Marchionne said earlier this year that FCA would streamline its portfolio and that components businesses, including Magneti Marelli, would be separated from the group, possibly via a spin-off. While FCA confirmed its targets this year, doubts remain about its exposure to a weakening U.S. market, recall costs and potential fines over emissions after it was targeted by European and U.S.

Maserati Shamal restomod is sketched out and could become reality

Remember the Maserati Shamal? Alright, maybe you don’t, but Maserati certainly hasnÂ’t forgotten. As this year's quasi-virtual SEMA show continues, Maserati has joined the fray by threatening to build a restomodded version of the Shamal. All we have to go on are some renderings posted to Instagram, but Maserati does a bit of explaining in its post. The company is calling this Project Rekall. If Maserati goes through with it, weÂ’d end up with a sci-fi Shamal full of modern technology conveniences and some epic, retro design. Maserati says it needs help to turn this idea into reality, and by that they mean people need to show some financial interest in such a thing. Since the Instagram post is on the Maserati Fuoriserie account, we'll assume this customization arm of the company would be doing the work. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. As a quick history lesson, the Shamal is an exceedingly rare Maserati that was sold in the early-to-mid 1990s. It was designed in part by Marcello Gandini, the famous Italian car designer who happens to have the Miura, Countach and so many other famous designs on his resume. Power came from a 3.2-liter twin-turbo V8, and it used a front-engine, rear-drive layout. These renderings depict a deeply changed Shamal. And while the boxiness and sharp edges remain, many elements of the car were revised. The changes are most obvious inside, where Maserati is showing a totally digital instrument cluster and some spacey bucket seats. WeÂ’d love to see Maserati turn it into reality, so if youÂ’re someone who would purchase a restomodded Shamal, speak up now. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Maserati wasnÂ’t quite done yet, though. A snow-munching MC20 supercar rendering also made it to Instagram. It looks as though it was lifted, fitted with studded winter tires and given a set of skis to carry around. And for whatever reason, Maserati also drew a caution tape insert on the side of the mid-engine supercar. This MC20 is definitely far off in SEMA fantasy land, but we still fully support anyone who ends up using their MC20 in the snow one day.

Lightning strikes behind the grille of Maserati's first hybrid model

Maserati's first production-bound hybrid powertrain will be inaugurated by the Ghibli, its entry-level model. The Italian firm released a short preview video to announce the model's imminent global debut. Posted on its official Facebook page, the 10-second-long video shows the front end of a Ghibli with blue lightning crashing across its grille, a feature that will presumably not be available on the production car. Although it doesn't reveal the hybrid's final design, let alone what's behind the grille, the flick confirms the gasoline-electric Ghibli will not look drastically different than the gasoline-only model. Minor trim differences will set the two sedans apart. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. As we've previously reported, we expect the Ghibli will receive a plug-in hybrid drivetrain (rather than mild or standard hybrid technology) capable of powering it on electricity alone for short distances. It will stand proud as the first in a long line of electrified Maserati models, because every car the brand releases in the coming years will incorporate some degree of electrification. Additional hybrid models are in the pipeline, and the replacements for the GranTurismo and GranCabrio due out in 2021 and 2022, respectively, will be Maserati's first electric cars. Maserati will introduce the hybrid Ghibli online on July 16 at 1 p.m. in Modena, Italy, which is 7 a.m. in New York City and 4 a.m. in Los Angeles. Additional information (including details about American availability) will be published right after the car breaks cover, and deliveries are tentatively scheduled to start before the end of 2020. What's next? The on-going COVID-19 pandemic side-tracked Maserati's plans, but 2020 remains on track to become one of the most significant years in the company's 106-year long history. It's putting the final touches on a mid-engined coupe tentatively called MC20 that will receive a new, 630-horsepower V6 engine developed in-house. The two-seater's unveiling is now scheduled for September 2020, and it will hit the track shortly after its introduction.