Maserati vrooms onto top e-tailing platform

Successful, first-time online sales boost Italian luxury carmaker’s confidence about business prospects with Chinese car fans, says its chief

It has become a trend for automakers to sell vehicles through e-commerce platforms in China, the world’s largest vehicle market and the second-largest for premium cars. Maserati SpA, the Italian luxury carmaker, is no exception.

So, the Fiat Chrysler Automobiles NV subsidiary teamed up last month with Tmall, the online retail arm of Alibaba Group Holding Ltd, to sell its first-ever sport utility vehicle online.

The response to the Levante was breathtaking.

Some 100 Levantes, worth about 1 million yuan ($154,400) each, were snapped up in just 18 seconds, said Harald Wester, chief executive officer of Maserati.

The sales have boosted Wester’s confidence about the brand’s prospects in China, where the Levante is expected to debut this summer.

Earlier this week, Wester spoke to China Daily about his vision for the Chinese luxury vehicle market. The following are edited excerpts from the interview.

Maserati opened an online store on Tmall. Have you ever tried to cooperate with e-commerce companies in other markets?

This is a trend I personally believe will be set in China due to the average age of people. We were not the first, all major companies are selling cars on Tmall. It is a channel.

We chose a way we call it “internet + human”. We don’t want to take away business from our dealers. We just want to help them reach customers who are unable to reach them.

Fifty of the 100 cars were sold in cities we do not have dealers and 30 percent were sold through mobile phones.

The customers paid through Alipay and then chose a dealer who contacted them to sign the contracts. The cooperation with Alibaba is the first. We met them last night, they were very happy with what was going on.

What is China’s ranking your global business?

This is our second-biggest market. The No 1 market is still the United States. There are also some smaller markets — Italy, South Korea, Japan, the United Kingdom and so on.

How do you ultra-premium ket in China? in evaluate the vehicle mar-

We only know our sales. It looks like that the market has stabilized. I believe our strategy is not influenced. First of all, officially it is called “the new normal”. Nobody any longer can expect a growth every year of 12 or 15 percent. The growth will be 6 or 7 percent, something in this range.

Secondly, referring to our

Our advantage is the Maserati brand. It’s made in Italy. The car’s design, heritage, craftsmanship, all make a big difference.

Would you share your sales target and trend of it?

For sure, it’s going to be significant growth compared with last year. For next year, the number will be more than 10,000 just for the SUV. The trend is extremely positive.

The 2015 total volume was 8,600. The economy was slowing down. So, we used the chance to reinforce our dealer network and to improve preparations because today a new SUV is coming and the local operations need to be strengthened.

Who are your typical Chinese customers?

They are young, very passionate. Talking about the Ghibli sedan, I think the average age is 30, and we have approximately 40 percent female customers. The numbers for the Quattroporte sports sedan are not far away from this. The average age is a little bit higher at about 33 or 34 and still with a significant percentage of women.

The average mileage of a Chinese car compared with a European counterpart is much higher. This is usually because of the way the car is used. The customers here use it for business and they also like showing it off. It is not like a toy, it is more like a suit.

What are your typical customers in Europe and the US like?

Totally different. Typical customers in the old markets like Western Europe, the United States and Canada are male over 55, accounting for more than 80 percent.

What causes such a huge difference?

Due to the structure of society. The majority of our Chinese customers are hardworking entrepreneurs. Despite working hard, they have very distinctive approach to many things. They are individuals with a strong taste and a clear opinion. They prefer to buy a tailor-made suit instead of wearing a uniform.

What are the challenges and opportunities in the Chinese market?

The competition is fierce all over the globe. We do not want to and we will not participate in the race about volumes for various reasons. More and more customers consider Maserati as an alternative among premium brands. I think we will see more reactions from them.

I think the biggest commercial opportunity that Maserati has ever created is Levante. If you look globally to the luxury car market, there are slightly more than 1 million units, of which over 50 percent are SUVs. The gravity of the sales region includes China, Singapore, Japan and South Korea.

What’s an effective leadership especially when engaging in business in China?

The most important point is to create a great team. You do not lead by micromanagement but by shared objectives and tasks.

You have to listen, you have to consider that the world is evolving so quickly and you need to be sufficiently openminded to understand and to accept that things here are totally different.

So how do you work with an international team?

Through a core team which I can work. This is something I have changed. I firmly believe it’s good to have a mix of people. By far, it’s dominated by local people.

What cars do you drive?

I drive based on my job. Maserati, Alfa Romeo and others. If you don’t know your competition, you don’t know what you are doing. Wang Lanxin contributed to this story.

Online

See more by scanning the code.