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Now This Is A Growth Industry
As Fiat unveils its grand five-year plan, it is clear where the car maker sees the real growth in the world...
- *MASERATI TARGETS 75,000 SALES IN 2018 FROM 15,400 IN 2013
- *MASERATI TARGETS EU6B REVENUE IN 2018 FROM EU1.7B IN 2013
Now that is growth!! Welcome to the new normal (or more likely the most massive mis-signaled mal-investment boom ever created) Extrapolating recent growth in Maserati sales would make even Birinyi proud.
And here's the mal-investment:
- *MASERATI TO INVEST MORE THAN EU2B IN PLAN: WESTER
Well the market "signaled" it..?
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Maserati is the new Ford Focus model, right?
Just had a vision of 2018, of IED's blowing up Maserati's in smithereens. Doing humanity a favor...
but that means we don't get to see the car ponzi?
With 'in your face' arrogance like this, difficult to imagine that they would overstate their potential:
https://www.youtube.com/watch?v=KmpiwU50f5w
Hale the trident that will strike the masses.
We are so clever says Maserati.
I guess if you cannot afford a maserati, you can pretend "your face is a maserati".
Or just watch these pricks take themselves down into the funeral pyre they've prepared.
Jump you fuckers
PS Maseratis are ugly, gauche, a good sign of no taste and New Money
when the bottom of the gene pool rises to the top of the food chain
A client bought a new Quattroporte about 20 months ago, and it needed approximately half its components (including transmission, interior electronics, rear differential, many, many suspension parts, front steering assembly, etc.) replaced within THE FIRST YEAR - it spent more time being repaired than driven by a wide margin.
He laughed hysterically when we were driving in it and the front left strut collapsed for no apparent reason, and I exclaimed "Your car is a piece of shit, bro!"
what they call a chump who drives one of these in italian. perdente
These cars are standard limo fare for Italian gov and central bankers.
grazie
Can I get special financing for the new 2014 Ghibli? Maybe $1500 down, $199/month for 26 years at 16.5%. Sounds like a good deal to me. I swear I have a job. Plus Italians make the most reliable cars on the planet, right?
One of my neighbors, a couple of private estates to one side of me, bought one last year for north of $400K. I went for a ride in it, but personally I don't see the point. I don't actually know him very well, I doubt if I agree with him about much of anything. I like my 1995 Jeep Cherokee with the four cylinder engine; I put gas in it once a month whether it needs it or not.
FIAT
fix it again tomorrow
Too bad I'm not short twitter right now. If I were I might be able to afford one.
Here's to a red Tuesday!
That will fund a lot of stock buybacks...
and so much for being hand made...quality cars
Says the .01%: "Life's been good to me so far...."
Im still waiting for the 30 year luxury car loans!
zero down, zero interest.....!
From what I heard, most high luxury brands don't do financing. Everyone pays cash. It is nice when you get free money.
Germans love finance. You can even make a payment from your dash console if you have Mercedes' new mBrace system and the Mercedes Benz Financial Services app.
I was thinking more Bentleys.
Those are technically German too, because Bentley is owned by VW, but fake Brits love finance even more than Germans. If you're in HedgeFundWich, CT, you can get 1.4% APR.
After they push the 10 year loans it's on to the 30 year car loan.
Growth is now adjusted for the dwindling middleclass. Fewer middleclass justifies less growth when only a handfull of folks participate. Stfu and obey.
QE..DBernankek. ..the robbin hood...give us 50m on food stamps so parasites up the top czn shower themselves in greater luxuries
long Car Jackings...
We see it in the Porsche and Audi repair/service/performance side- these clients have and spend more money than ever before. The Porsche cars are being produced of shittier quality yoy as well. Massive decline in quality since around 1998.
Porsche is no longer something special. They ruined it. So sad.
Around 2000 there's been cost cutting and cutting corners at Mercedes, Renault and others which has been very damaging for their brands.
Rusty Mercedes'es from the era and Renault is not doing well with their Laguna 3. The latter is a very good car but the previous one sucked too much which people remember for a long time.
take a look at what audi is planning. hardly any company - and certainly hardly any car company - has benefitied more from QE than audi. all those brokerage accounts going up in value every month, why buy a Ford? and susanne klatten appreciates the security QE provided to her ~€100 million in annual BMW dividends. who knows when it will all turn brown.
When my Father sat me down for that "Facts of Life" talk he told me I could have a Child or a Maserati. After my son was born I discovered he was correct.
Had to get rid of my Porsche 954 when my son was born.
It was worth it.
and your son beat the Maserati in giving you pride and joy.
dup
don't know how this happened!
Hmm....this means the average price in 2013 was EU110K; in 2018 the avg. will be EU80K. When does the EU "cash for clunkers" program begin to "drive" up that latent demand.
Good thing we (by we, I mean U.S. taxpayers, and by U.S. taxpayers I mean all us suckers still working and paying taxes) gave Fiat the Chrysler Corp for U.S. gateway. Lord knows we (and by we I mean ... oh forget it, who even cares ...) need more $100K plus choices for our luxury car decisions. Perhaps the Feds can realize where the demand is and provide a cash-for-clunkers alternative for Maserati purchase?
ZH bloggers have been documenting the growth of the income chasm, and it seems that inequality is primed to be the MSM issue dejour for the coming elections. I could give a rat's ass about Maserati or luxury cars in general, but where the rigged markets couldn't take us to the edge the perceived or actual life-style gap will inevitably push us over. And since the community I live in doesn't have 24/7 armed security, my guess is that I'll be a target before the millionaires and billionaires driving Maserati's.
For me, prayer looks like the only option. It likely won't stop what's coming, but it hopefully will keep me sane while what's coming rolls over me.
In the near future anyting "conspicuous" will be targeted. So unless those Maseratis' come with armor plating and a 50 cal. they will be soon be out of favor.
Cities and suburbs will not be fun to live in and the those in the know will be like the old Chinese. They look like poor peasants but own several business and a vast network of support. Now that the USSA is officially here the black market is the new economy.
Long Triads, Yakuza, Mafia, Mexican drug cartels, Russian...
Not to mention, they have no ground clearance to get over rubble and bodies.
Well if you believe a Fiat can give Godzilla heartburn...
great sounding engine but the car is an absolute junk ...
I almost bought a Maserati BiTurbo about thirty years ago, probably a good thing I didn't. The new models you see in the US (not rare around Los Angeles) are pretty. I have no idea if they are reliable. Of course they're not cheap, but they're competitive with the bigger BMWs and such. I see Fiat may want to dispose of Alfa Romeo, and I suppose extend the Maserati line downward to replace it - which is about where that BiTurbo was back in the day. I think there's room for such, basically an Italian pony car and matching sedan, like the Alfa Romeo line back in the 1980s. This targets the top 10% or so. I assume.
So what. When everyone has one, what's the point? I see these things pulling into McDonalds to get a burger, what's that tell you?
If your bank is financing these, find a new bank, they're not worth the note, and defaults will be rampant.
NOBODY robs a house with a Yugo parked in the driveway....
Perhaps a clue of where hyperinflation will be by 2018?
My MASERATI does 185 ...
I see more new Maserati's than new GMs on the streets these days. All that stock market wealth.
So Jim Rogers was right: a lot of farmers will be driving Maserati's one day!
"Affordable luxury" this was announced on CNBC!!! Shit you not!