Ferrari (NYSE:RACE) Engineered Maserati Levante Trofeo Fastest SUV in the World

Ferrari (NYSE:RACE) Engineered Maserati Levante Trofeo Fastest SUV in the World

Ferrari (NYSE:RACE) Engineered Maserati Levante Trofeo Fastest SUV in the World

$RACE, $FCAU

  • Maserati unveiled the 2019 Levante Trofeo performance SUV Wednesday at the 2018 New York International Auto Show.
  • The Limited Edition Levante Trofeo is powered by 590 hp, twin-turbocharged Ferrari V8.
  • According to Maserati, the Levante Trofeo can do 0-60 mph in 3.7 secs and reach a top speed of more than 187 mph.
  • The Trofeo will be available exclusively in the US and Canada.

Maserati, the luxury brand of Fiat Chrysler (NYSE:FCAU) is adding major competition into the SUV market with the new Levante Trofeo.

 

Under the hood of the Levante Trofeo is a 590 hp, 3.8-liter, twin-turbocharged V8 Ferrari engine made in Maranello outfits works.

Maserati CEO Tim Kuniskis referred to the Ferrari engines as the “finest on earth.”

The Trofeo will be able to hit 60 mph in just 3.7 secs and reach a top speed of more than 187 mph.

The Trofeo’s performance capabilities is ahead the some of other luxury  SUVs like the Lamborghini Urus, Porsche Cayenne Turbo S, Range Rover Sport SVR, and the Bentley Bentayga.

Another bit of the Levante Trofeo story is the fact that it is a high-performance model designed exclusively for the US and Canada.

Maserati introduced the Levante in Y 2016 to strong reviews and sales figures. Regular production Levantes are powered by a pair of twin-turbocharged, 3.0-liter V6 engines producing 345 hp and 424 hp respectively.

Production of the Levante Trofeo is expected to begin this Summer at Maserati’s plant in Turin, Italy.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 120.85 29 March 2018 1.23 121.17 121.35 119.8 245,276
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (-0.22) Neutral (-0.18) Neutral (-0.17) Bearish (-0.32)

Have a terrific Easter Weekend

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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