Fiat Chrysler Automobiles will halt production of Maserati vehicles as a boom that was fueled by the more affordable Ghibli sedan fades.
Starting with this November Maserati's Grugliasco factory in northern Italy will cut production of expensive luxury models such as the $70,600 Ghibli and the $99,900 Quattroporte.
Fiat Chrysler is expanding Maserati to help offset the loss of Ferrari, which will be spun off early next year. CEO Sergio Marchionne plans to follow up the 2013 introduction of the Ghibli with the Levante SUV next year. The Italian-U.S. automaker is also considering a sports car for the brand.
The brand will use the break to prepare assembly lines for new production.