2007 Maserati Quattroporte Sport Gt Sedan 4-door 4.2l on 2040-cars

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Macron and Le Pen decry 'shocking' Stellantis CEO pay

PARIS — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as “shocking” the multimillion euro payout to the CEO of carmaker Stellantis. Stellantis CEO Carlos TavaresÂ’ remuneration package of 19.15 million euros just a year after the company was formed became an issue as Macron and Le Pen campaigned ahead of the April 24 runoff vote. Polls show purchasing power and inflation are a top voter concern. Stellantis was formed last year through the merger of PSA Peugeot and Fiat Chrysler Automobiles. Centrist President Emmanuel Macron, perceived by many voters as being too pro-business, called the pay package “astronomical” and pushed for a Europe-wide effort to set ceilings on “abusive” executive pay. “ItÂ’s shocking, itÂ’s excessive,” he said Friday on broadcaster France-Info. “People canÂ’t have problems with purchasing power, difficulties, the anguish theyÂ’re living with, and see these sums. Otherwise, society will explode.” Far-right leader Marine Le Pen, who enjoys support from many working-class voters, called for bringing in more workers as shareholders. “Of course itÂ’s shocking, and itÂ’s even more shocking when it is the CEOs who have pushed their society into difficulty,” she said Friday on BFM television. “One of the ways to diminish this pay, which is often out of proportion with economic life, is perhaps to allow workers in as shareholders.” Stellantis continued to back the package despite a 52.1% to 47.9% vote rejecting it at an annual shareholders' meeting chaired from the Netherlands, where the company is legally based, on Wednesday. The company, citing Dutch civil code, noted that the vote is advisory and not binding. The company later said in a statement that it took note of the vote, and will explain in an upcoming 2022 remuneration report “how this vote has been taken into account.” In the 2021 report, the company identified peer group companies that it used as a salary benchmark, including U.S. companies like Boeing, Exxon Mobile, General Electric as well as carmakers Ford and General Motors. Stellantis, whose brands include Peugeot, Fiat, Jeep, Opel and Maserati, reported net profits last year had tripled to 13.4 billion euros ($15.2 billion). The French government is the third-largest shareholder in Stellantis, with a 6.15% stake through the Bpifrance Participations S.A. French public investment bank.

Maserati Quattroporte custom-built wagon up for sale

These days, any modern station wagon is a rare machine, with models such as the Mercedes-Benz E-Class, Volvo V90, Audi RS6 Avant, and Porsche Panamera Sport Turismo selling not much more than a handful each. But combine the rarity of the wagon body style with the relative obscurity of the Maserati Quattroporte, and you have a truly unique longroof. That's exactly what you see here, a Maserati Quattroporte shooting brake, and it's coming up for sale by Historics Auctioneers in the U.K. Maserati never made a wagon version of its Quattroporte — "Cinqueporte"? — but that didn't stop one determined U.K. buyer. Inspired by the Quattroporte-based Bellagio Fastback, four of which were built by the Italian coachbuilder Touring, he had this 2016 Quattroporte converted into a shooting brake. The work was carried out by British high-end car restorer Adam Redding. The result looks like it could have come out of the factory in Modena. It's finished in Gunmetal Grey Metallic with 20-inch Mercurio alloy wheels with a black finish. The interior is Nero leather. There are no jump seats in the cargo hold, just luggage space, which again appears finished to a factory standard and is accessed via a power liftgate. Other features include navigation, parking sensors, heated seats, a backup camera, and a sunroof. As a U.K. car, this Maserati is right-hand drive. The Quattroporte's voluptuous styling lends itself to the wagon form. Too bad Maserati is unlikely ever to pick up the baton and offer such a model itself. Short of commissioning one yourself, this upcoming auction is likely to be the only chance to get one. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Slow Chinese market delays Maserati and Alfa Romeo models

We already told you that Alfa Romeo was delaying the Giulia sedan and an unnamed CUV, but now things are getting worse. According to Bloomberg, Maserati has delayed the Alfieri sports car. And it's all China's fault. The faltering Chinese domestic market, which is experiencing its slowest period of growth in nearly three decades, is forcing Fiat Chrysler to rethink its plans for its Italian models, Bloomberg reports. Rather than going for models that would likely be popular in China, including the Alfa CUV and a larger sedan, the company will shift its focus and bring out updated MiTo and Giulietta hatchbacks, both of which would play better in Europe, an unnamed source within FCA told Bloomberg. This news is notable because it shows that FCA boss Sergio Marchionne's ambitious product transformation is not progressing as smoothly as planned. In the MiTo's case, the company is willing to go back on its original strategy. The subcompact hatch wasn't supposed to survive beyond 2016, but Bloomberg is reporting an update is due by the middle of next year. As for Maserati, well, there's not much to say. The Alfieri was supposed to go on sale next year, and now it's not. There's no word on how (or even if) Maserati's priorities will shift to another vehicle, or if this is simply a matter of money being distributed away from one of FCA's brands and toward another. Related Video: News Source: BloombergImage Credit: Andy Wong / AP Alfa Romeo Maserati Sergio Marchionne FCA alfa romeo giulia alfa romeo mito alfa romeo giulietta maserati alfieri