STELLANTIS IN TALKS WITH HUAWEI, JAC OVER MASERATI PARTNERSHIP

Automaker Stellantis is in talks with China's Huawei and JAC Group for long term industrial cooperation on its struggling luxury brand ​Maserati, two sources told Reuters. Stellantis CEO Antonio Filosa said earlier this ‌year that the world's fourth-largest automaker was working on further manufacturing partnerships, including for Maserati, after such deals emerged as a key pillar of the group's new long-term strategy.

A ​new deal for Maserati will have a positive impact on ​production rates at the Cassino and Modena plants in Italy, where ⁠the brand's models are manufactured, he said. Italian daily Milano Fiananza first ​reported on Friday about ongoing talks between Stellantis, Huawei and JAC Group over ​Maserati.

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