Cars
Alfa Romeo to Stay and Rebuild Under Fiat, Hopes to Move 500,000 Units by 2014
Fiat CEO Segio Marchionne has put the VW-Alfa Romeo rumors to rest...for now. Alfa will officially stay under its Italian parent's wing for at least a little while longer as Marchionne attempts to revive the ever-struggling Italian luxury automaker.
Alfa Romeo, as you may know, is not exactly pulling its weight; it is estimated that Fiat loses over $400 Million a year because of the upscale brand, which Marchionne says will have to move 300,000 units annually to earn money. For the record, Alfa is on pace for ~105,000 units this year, and Marchionne wants to hit 500,000 units by 2014 with the help of new models and the US market (possibly in 2012).
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Fiat Threatens To Move Alfa Romeo Production Out Of Italy
What would you say if Alfa Romeos were made in the U.S.? Well, this may not be such improbable as it sounds, as Fiat and Chrysler CEO Sergio Marchionne has threatened to move Alfa Romeo production out of Italy. The Fiat-Chrysler Alliance executive said...
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Alfa Romeo Lays Out Product Plans Until 2014, Readying A New Rwd Saloon With A V6 Engine
Out of all the mainstream brands included in the Fiat Group and Chrysler LLC portfolio, Alfa Romeo has the most potential to achieve a global reach and bring in some much needed cash and sales. The Italian company's boss Sergio Marchionne is well...
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Marchionne Gets Nasty, Tells Vw Boss Piech To Go And Fix Seat Instead Of Eyeing Alfa Romeo
Speaking at the J.D. Power and Associates International Automotive Round-table in San Francisco, Fiat Group and Chrysler LLC CEO Sergio Marchionne bluntly reiterated that the Italians won’t sell Alfa Romeo to the Volkswagen Group, or anyone else...
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Alfa Romeo's 2010-2014 Product Plans Include New Giulia And Spider, But No Succesor For Brera. U.s. Sales Start In 2012
Here we go again; the Fiat Group today announced plans to revive Alfa Romeo with a raft of new models that will also play a key role in the relaunch of the brand in the U.S. market (how many times have we heard that before?) by 2013. Fiat Group CEO Sergio...
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Dodge May Sell Rebadged Alfas In The Us While Europe Could Get Dodge Models As Alfas
In an interview in New York on Wednesday, Fiat S.p.A. and Chrysler CEO Sergio Marchionne revealed that one of the first priorities of the partnership is to decide how to handle the Dodge and Alfa Romeo brands, which he sees as American and European counterparts....
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