Stellantis CEO Faces Union Criticism for Lack of Clarity on Maserati Electrification Plans

Carlos Tavares, CEO Stellantis. (Credit: Stellantis)

Stellantis CEO Carlos Tavares did not confirm previous electrification commitments for Maserati during a meeting with union representatives in Modena, raising concerns over the future of the luxury brand, union leaders said on Tuesday. Trade unionists Samuele Lodi and Stefania Ferrari from the FIOM-Cgil union stated that Tavares provided “no clear answers” regarding Maserati’s previously announced electric model plans, leaving workers and unions uncertain about the brandā€™s strategy.

Lodi and Ferrari highlighted the absence of specific mentions of electric models, including the electric version of the MC20 sports car that was initially scheduled to enter production in mid-2025. “Contrary to what was previously communicated,” Lodi and Ferrari said in a joint statement, “there was no mention of electric models, nor of other new models coming to the Modena plant.”

The meeting followed Maserati’s recent leadership change, with Santo Ficili taking over as Maserati CEO this month. Under former leadership, Maserati had announced plans to electrify its lineup by 2028, including an electric version of the Levante SUV in 2027 and a new Quattroporte sedan in 2028. However, the lack of reaffirmation of these plans has fueled speculation about Maserati’s future, despite Stellantisā€™s previous denials of potential divestment.

In a note issued earlier on Tuesday, Stellantis reiterated its commitment to electrification, saying it is “finalizing a strategic plan to take the (Maserati) brand back to the top of the sector, with a full pipeline of new products and technologies for the coming years.” Tavares has previously emphasized that Stellantis cannot sustain unprofitable brands, underscoring the need for Maseratiā€™s transition to be both strategically viable and profitable.

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