James Selwa, the
new head of Maserati North America, discussed the Trident
brand's market position, as well as confirming the arrival of
a new 'entry level' Coupé, during an interview with
AutoWeek magazine this week. The former boss of Rolls
Royce and Landrover in North America, James Selwa, was
brought in to head MNA last July by Maserati's CEO
Karl-Heinz Kalbfell, as he got to grips with building a
long-term future for the Trident brand. Kalbfell has
recently appointed a number of new personnel as he seeks to
improve the logistics, distribution, sales and marketing of
Maserati across the Atlantic, but the capture of 55-year-old
Selwa is regarded as being most significant.
Maserati has recently identified a North American market
niche where few players currently compete: the US$100,000
sedan, reports AutoWeek magazine. With its US$106,850
Quattroporte sedan leading the charge, Maserati sales grew
sharply to 2,100 units in 2005, with the Quattroporte
accounting for around 60 pct of sales, with 1,550 being
delivered.
Selwa, reports
AutoWeek, was surprised - when he arrived at Maserati
- to find that the Quattroporte's assets weren't being
touted. The Quattroporte has a Ferrari-designed 4.2-litre V8
engine with 400bhp. Having Ferrari engineering is a key
selling point, Selwa told the magazine. For instance, when
Maserati sells against the Jaguar XJ range, Selwa tells
salespeople to ask: "'Would you rather have a Ford-developed
V8 or would you rather have a Ferrari-developed V8?' It is a
no-brainer." Selwa also confirmed that a much-anticipated
automatic version of the Quattroporte is on its way, but he
didn't offer any timescale. Selwa is very aware that
Maserati can't and won't be a Ferrari and believes the
highest price Maserati can charge is around US$150,000. "Our
sweet spot is about US$115,000 to US$120,000, that is where
we dominate," he says.
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The Maserati
Quattroporte Sport GT is seen here making its US
debut at the Los Angeles International Motor Show
earlier this month. Together with the new Executive
GT version, these two new models bring the luxury
sedan's range up to three versions. |
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Maserati CEO Karl-Heinz
Kalbfell addresses the media at the Detroit motor
Show earlier this month.
Maserati's sales in the US grew sharply to 2,100
units in 2005, with the Quattroporte accounting for
around 60 pct of these, with 1,550 of the luxury
sedans being delivered. |
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"We have 40 percent of the share in that category." Maserati
can go down in price." Its cheapest car in 2005 was the
Coupe, priced at US$87,983, including shipping. Selwa will
launch a stripped version of the Coupe for US$84,559,
including shipping, in 2006. "We have to get into that
market with a six-speed bare-bones car without even a paddle
shift," Selwa says. "We'll build 50 of them, build them to
our specs and test the market."
Despite talk of giving Maserati an SUV based on the 2003
Kubang GT Wagon concept, Selwa told AutoWeek there
are no plans for a fourth model. There is ongoing discussion
though about a cheaper car for Maserati based on the Alfa
Romeo Brera Spider.
Selwa reaffirms that Maserati plans to sell 10,000 cars
worldwide by 2010, with half of those sales being in the
United States. He says the target can be reached by adding
models and renewing the present product range. Getting to
6,000 annual sales will increase return on investment, he
comments. "When you see an organization like us and say
we're going to turn the corner at 5,000 cars, when you sell
6,000 cars it makes a hell of a difference," he told
AutoWeek. "There is just more revenue on all the same
space. It starts to get just a little more magical when you
get the volume up to 6,000 cars."
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