Maserati to lose Ferrari as engine supplier
No longer an FCA brand, Ferrari has apparently taken a negative view of the Maserati contract.
Maserati will soon have to find a new engine supplier after its contract with Ferrari comes to an end.
Speaking to analysts following Ferrari's quarterly earnings report, CEO Louis Camilleri blamed Maserati's sales troubles for a drop in the Prancing Horse's engine revenue and confirmed that the former sister brand had decided to end the engine supply contract.
"So 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 added.
The executive also clarified that Ferrari does not have any plans to supply other automakers with engines. The Maserati deal is expected to be finished by 2021 or 2022.
Ferrari engines have been a selling point for several Maserati models including the Ghibli, GranCabrio, GranTurismo, and Quattroporte.