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Maserati beats Ferrari in Q3 profit on Montezemolo exit

Maserati beats Ferrari in Q3 profit on Montezemolo exit

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.