Maserati beats Ferrari in Q3 profit on Montezemolo exit

Maserati's global sales more than tripled to 26,428 vehicles through 9 months because of strong demand for models such as the Ghibli.

October 29, 2014 05:00 AM

TURIN -- Maserati's quarterly profit topped Ferrari's for the first time since the Modena-based automaker became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with former Chairman Luca Cordero di Montezemolo.

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