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Maserati betting big on Levante SUV

In 2014, Maserati was booming thanks to a sales spike, and executives contemplated capping production. The company's fortunes, however, have changed quickly this year. Its sales dropped 13 percent globally to 8,281 cars in the second quarter, and earnings were down 30 percent, according to Automotive News. This performance has led the company to pin its future hopes on the launch of the Levante crossover. The Levante arrives in the first half of 2016. An official debut is scheduled for sometime this year, according to the company's five-year plan, though the unveiling might be pushed back until the 2016 Detroit auto show in January, Automotive News reports. The Levante shares a platform with the Ghibli and reportedly will use its V6 engines. The crossover also is expected to have all-wheel drive. Patent drawings suggest a look reminiscent of the earlier Kubang concept (pictured above). FCA explains some of Maserati's current weakness is due to problems in China. Deliveries were down 37 percent there in the second quarter, according to Automotive News, and the country's weak economy isn't expected to let up soon. Related Video:

Reid Bigland appointed CEO of Alfa Romeo, Maserati

There's been a big shakeup in Fiat Chrysler's leadership team, as head of US sales and FCA Canada CEO Reid Bigland will replace Harald Wester as the chief exec for Alfa Romeo and Maserati. Wester will retain his position as chief technical officer of FCA. Both men will hang onto their positions on FCA's Group Executive Council. The move is an interesting one considering the widely publicized issues at both Alfa and Maserati. Alfa Romeo's problems are almost too many to list. The brand has promised a full-scale return to the US market for more than a decade, but faced repeated delays. Its latest volume model, the Giulia, is being savaged by reviewers over quality issues, and the company has frequently pushed its upcoming CUV back. If that were the only problem, it'd be annoying, but according to Automotive News, Alfa's relaunch is also considerably over budget. Maserati is an entirely different can of worms. Alongside Alfa, it's been stung by a slow Chinese market. Profits are down, according to Automotive News, and it's been widely rumored that the company will delay its next sports car, the Alfieri, until 2018 – it was previously promised for this year. Meanwhile, two of its three other models, the Quattroporte and GranTurismo, are dangerously long in the tooth, and the Levante is still months away from US sales. Can Bigland sort these issues out? Maybe. As Sergio Marchionne said in his official statement, "[Bigland] has an extraordinary record of growing sales and market share in the US and Canada over the last 7 years at FCA, including leading the growth and positioning of the Ram and Dodge brands for part of that time."

Maserati MC20 GT2 returns the Trident to GT racing in 2023

Seems we got ahead of Maserati, but now we're on the same page with the Italian carmaker. We wrote about the Maserati Project24 earlier this week, a limited-edition track car not built to race a specific series, instead chasing Maserati's own performance targets. We wondered whether the Project24 was a pivot from the rumored GT3 program planned for the MC20 years ago. Turns out the Project24 is an offshoot of the GT2 program for the MC20, the Italians in Modena announcing they've developed an MC20 GT2 to compete in the Fanatec GT2 European Series Championship next year. The base tech specs listed so far for the MC20 GT2 are the same as the Project24. The twin-turbo Nettuno V6 shifts through a six-speed sequential auto with paddle shifters, sending power to the rear wheels through a mechanical limited slip differential. Brembo CCMR racing brakes hang off a double wishbone suspension with anti-roll bars front and rear and adjustable dampers, just behind custom, forged 18-spoke center lock wheels on racing slicks that can be changed easily thanks to on-board air jacks. A single seat in the cabin is accessorized with an adjustable, multifunction carbon fiber steering wheel, an adjustable pedal box, and air conditioning. Safety features include an FIA fuel tank, rain light, roll cage, six-point harness, and fire extinguisher.  The differences that we know of include output, curb weight, and the aero package. Series organizer SRO says GT2 is "formulated to bring gentlemen drivers back to the front of the stage ... whilst being fast and spectacular enough to secure the values of SRO-promoted championships, should the current GT3 category become too expensive for too many of our teams and drivers." GT2 regulations cap output at around 630 hp, just nine more than the standard MC20 throws down — and 110 hp less than the Project24. The series' Balance of Performance rules will ultimately determine race weight and output. The regulations also draw limits around aero devices that Maserati Stile didn't need to heed on the Project24. The aero bit is especially important here because GT2 cars are more powerful than GT3 entries but designed to be less reliant on aerodynamics than GT3 cars, making GT2 versions easier for amateurs to drive at the limit.  This is Maserati's first dip back into GT racing above the GT4 class since the MC12 GT1 that snagged close to 100 wins between 2004 and 2010. The race division will sell cars to individuals and race teams.