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Manufacturing

Maserati º£½ÇÊÓÆµ sales continue to accelerate as profits almost double in four years

The latest accounts filed with Companies House show that pre-tax profit at the º£½ÇÊÓÆµ arm of Maserati rose to £326,000 in 2024, up from the £321,000 it posted in 2023

Maserati is owned by Stellantis(Image: Getty Images)

Profits at Maserati's º£½ÇÊÓÆµ division have nearly doubled over the past four years as the luxury marque continues its upward sales trajectory.

The Italian car manufacturer, which operates under the Stellantis umbrella, has delivered a pre-tax profit of £326,000 for 2024, rising from £321,000 in 2023, as reported by .

This latest figure represents a significant jump from the £176,000 pre-tax profit recorded in 2020.

Fresh accounts lodged with Companies House also demonstrate how Maserati's turnover climbed from £5.3m to £6.8m during 2024.

The luxury brand's revenue has grown consistently each year following a dip from £6.6m to £4.7m in 2020.

Maserati attributed the turnover boost primarily to increased marketing recharges and expanding demonstration vehicle sales.

The company noted that marketing and promotional activities have intensified as market conditions have strengthened.

Maserati explained: "the company has benefitted from global marketing campaigns by the parent company on newer models including hybrid models of existing ranges."