Maserati confident in Italy output despite turmoil

Published December 10, 2012 7:19pm ET



NICE, France (AP) — The CEO of Italian luxury carmaker Maserati is confident that parent company Fiat’s €1.2 billion ($1.5 billion) investment to boost production in Italy will bring results despite political instability that once again was endangering the country’s financial health.

“I am a guest in this country and I won’t make comments on the Italian political situation,” Maserati CEO Harald Wester, a German national, said Monday at the presentation of the new Quattroporte. “But I am convinced of the good sense, the intelligence and the reasonability of the Italians, and that our investments will go well and bring the desired results.”

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