Maserati has announced they are not planning to build a smaller or cheaper model.

Maserati has announced they are not planning to build a smaller or cheaper model.

The company's Australian general manager Glen Sealey told Motoring the company isn't planning to launch a smaller model positioned below the Ghibli. In addition, Maserati will not introduce another model priced below the upcoming Levante set to go on sale sometime in 2015. He also said both the Ghibli and Levante will not receive lesser variations but did admit future price cuts are being considered.

Sealey also said Maserati's "exotic" status will transform into "exclusive" since last year they sold 15,700 cars and by 2018 they estimate to deliver 75,000 units annually and from that point on production will be capped. The Levante is expected to become the brand's best-selling model and only around 20 percent of buyers will opt for the base diesel variant as Maserati says customers will prefer the more expensive and powerful gasoline versions.

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Maserati rules out smaller or cheaper model