Fiat CEO Sergio Marchionne offered details about Alfa Romeo’s future product lineup, saying that the Giulia model is still under development.
Earlier this year Marchionne announced he is postponing the plans to acquire Chrysler, in order to fix Fiat’s European operations, no sooner than 2015. Marchionne expects Chrysler to sell 2.4 million vehicles by the end of this year, and Fiat 1.8 million, and for 2013 the CEO hopes the two automakers to sell 4.3 million vehicles together.
Marchionne said about the Alfa Giulia mid-sized sedan that it is in full development and will be manufactured in Italy for global consumption. Currently the automaker focuses on an extension for the 500 family, the Freemont minivan and the Panda minicar, part of the automaker’s turnaround plan in Europe.
The CEO denied Fiat will build a large, rear-wheel-drive Alfa sedan, but said that if it were to be it would be ‘from an architecture that is shared with Maserati’ and will be manufactured in Turin. He also added that the price war in the European market will not force the automaker to move production of the Punto outside western Europe.
Although Fiat’s new four-year plan mentions only one imported model, Marchionne said that if the business case is sound there could be more models.