Stellantis in talks with Huawei and JAC Group for Maserati's future, sources say

Milan: Automaker Stellantis is in talks with China's Huawei and JAC Group for long term industrial cooperation on its struggling luxury brand Maserati, two sources told Reuters. Stellantis CEO Antonio Filosa said earlier this year that the world's fourth-largest automaker was working on further manufacturing partnerships, including for Maserati, after such deals emerged as a key pillar of the group's new long-term strategy.

A new deal for Maserati will have a positive impact on production rates at the Cassino and Modena plants in Italy, where the brand's models are manufactured, he said.

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Italian daily Milano Fiananza first reported on Friday about ongoing talks between Stellantis, Huawei and JAC Group over Maserati.

The luxury brand - which shipped fewer than 8,000 cars last year, posting an adjusted operating loss of 198 million ($230 million) -is due to present its own long term strategy in December.

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A spokesperson for Stellantis said that, as part of its normal course of business, the company holds discussions with a range of industry players around the world on various topics, "always with the ultimate aim of providing customers with the best mobility choices".