Maserati North America, Inc. Reports U.S. Sales Increased 406 Percent - Insurance News | InsuranceNewsNet

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June 4, 2014 Newswires
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Maserati North America, Inc. Reports U.S. Sales Increased 406 Percent

PR Newswire Association LLC

ENGLEWOOD CLIFFS, N.J., June 4, 2014 /PRNewswire/ --

  • Best sales month in the company's history
  • 406 percent sales gains posted in May, compared with same month one year ago
  • Steady gains since July 2013

Maserati North America, Inc. reported today a U.S. sales increase of 406 percent (1,144 retail units) compared with (226 units) in May 2013, one year ago. In its centennial year, this milestone marks the best sales in the company's history.

The company has reported significant gains in the U.S. since July, 2013 with the introduction of the all-new Quattroporte. This month's achievement boasts the strongest year-over-year percentage sales gain to date.

At the century mark, Maserati is in the strongest position of its lifetime with two brand new sport-sedans, all-time high sales record and a robust industrial plan. This notable success is further powered by the dynamic entry of the all new Ghibli, which starts at a competitive $66,900. The Ghibli features a Ferrari built twin-turbo V6 engine with up to 404 HP and 8-speed automatic transmission that is available with either rear or Q4 intelligent all-wheel-drive (AWD) technology. The new E-segment contender has taken hold with an affordable rear wheel drive (RWD) lease position.

Maserati has been focusing on significant expansion to its U.S. network in 2014.  "Our sales growth comes from dynamic new product sold by our top notch dealer network," said Peter Grady, President and CEO of Maserati North America, Inc.  "It's a perfect combination of existing dealer facility investment and new market openings." Eighty-three dealerships are now open in the U.S., with an ambitious plan to have 120 operating by year end, further enhancing Maserati's position in the marketplace. 

About Maserati:
Maserati produces a full line of two and four door models legendary for their spacious handcrafted luxury, thoroughbred performance and everyday usability. The Maserati range includes the all-new full-size Quattroporte and the mid-size Ghibli sport sedan, which earned a Top Safety Pick from the Insurance Institute of Highway Safety (IIHS)*. The flagship Quattroporte GTS leads the charge with a 523 HP twin turbo V8 while both the Ghibli and Quattroporte are available with All-Wheel-Drive, a competition bred twin-turbo 404 HP V6 and an adaptive 8 speed automatic transmission. The two-door GranTurismo line continues with several variants of coupes and convertibles that combine elegance and comfort for four adults, with a six speed automatic transmission to keep the legendary Maserati performance and exhaust note close at hand. Maserati automobiles and merchandise can be found at authorized retailers across North America. Information on Maserati can be found at www.maserati.us, 1-800-My-Maserati.

SOURCE Maserati North America, Inc.

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