Stellantis has written off €1.5 billion (£1.2bn) of investment in Maserati , leaving some future models in doubt.

Maserati has never been a flagship brand for Stellantis, but it appears the parent company is questioning its storied Italian brand’s future. Stellantis’ CFO recently announced that it had scuttled a planned $1.

The decision comes after a dismal year for Maserati, with sales plummeting from approximately 26,600 units to just 11,300—a staggering 58% drop. This downturn has raised concerns about the brand’s sustainability within Stellantis’ portfolio.

Stellantis' move puts at risk future electric models like the MC20 Folgore and the replacements for the Quattroporte and Levante

Planned electric versions of models including the Quattroporte and MC20 are expected to be on the chopping block.