CEO Marchionne to Reveal New Plans for Alfa Romeo and Fiat

By Matthew Askari | November 03, 2013
If it sounds like we've heard it before, it's because we have. Fiat Chairman and CEO Sergio Marchionne says he plans to reveal a new "five year plan" sometime in the first half of next year, the fourth plan in nine years.
"We continue to work in a pretty determined fashion in trying to reshape the Alfa Romeo platform and I think we will be in a position to outline more at the end of the first quarter of 2014," Marchionne was quoted as saying in a recent report in Automotive News. The platform he refers to is a new rear- and all-wheel drive architecture on which at least four future Alfa Romeo vehicles will be built. The plan calls for the new architecture to underpin the Giulia midsize sedan and wagon, a large flagship sedan, and a midsize SUV. In theory, these cars would be ready in late 2015 or early 2016, but that is of course unless there is a new five-year plan, or more delays.
Alfa Romeo has repeatedly delayed brining the 4C model to the U.S., which Marchionne originally had slated to be on sale by now. The latest word is that the model—which recently made news for posting a quick Nurburgring lap time—should go on sale next summer. We're not exactly holding our breath.
Source: Automotive News (subscription required).