Report: Alfa Romeo Giulietta wagon in the works image

Alfa Romeo will reportedly add a wagon version to its Giulietta compact model in Europe by mid-2013.

According to two company executives quoted by Automotive News Europe, the new model will add to the current hatchback version of the Giulietta, Alfa Romeo’s top selling model and would also give Fiat a competitor in the important segment of compact wagons.

Since early 2008, when the poor-selling Fiat Stilo Multi Wagon was axed, Fiat, Alfa Romeo and Lancia have not offered a compact wagon. In Europe, wagons make up almost a quarter of compact sales, while in major markets like Germany and Italy they account for more than three quarters.

Alfa Romeo has currently just two models in its lineup: the MiTo subcompact and the Giulietta. The Milan-based automaker has stopped making the 159 mid-sized sedan and wagon in November in Pomigliano d’Arco in order to make room for the new Fiat Panda. After the launch of the Giulietta wagon, Alfa Romeo will bring in the 159’s successor, most likely to be called Giulia, and a large crossover in late 2013.

In the first 11 months of the year, Alfa Romeo sales in Europe increased 21 percent to 122,401 units, according to industry association ACEA.