Stellantis has written off €1.5 billion (£1.2bn) of investment in Maserati , leaving some future models in doubt.

Planned electric versions of models including the Quattroporte and MC20 are expected to be on the chopping block.

Stellantis' move puts at risk future electric models like the MC20 Folgore and the replacements for the Quattroporte and Levante

Carlos Tavares, the former CEO of global automaker Stellantis saw his total pay fall 37% last year to 23 million euros ($23.91 million) before he unexpectedly resigned in December.

Carlos Tavares departed the automaker in December. He's still owed severance payments and company shares, a report shows.