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Alfa Romeo goes rear-drive; eight new cars by 2018 including 4C Cloverleaf
Tue, 06 May 2014By Damion Smy Motor Industry 06 May 2014 15:51 Alfa Romeo has confirmed the news first broken exclusively by CAR in July 2013: the Italian brand will make a dramatic shift from front-drive hatches like the Mito and Giulietta, and instead develop a new range of rear- and all-wheel sports saloons, SUVs and sports cars. Announced in Detroit at Fiat-Chrysler HQ, Alfa Romeo chief technology officer Harald Wester revealed the mantra for the brand includes pushing volumes up from 74,000 sales in 2013, to around 400,000 by 2018. Alfa Romeo is investing around €5bn in the project, the first fruits of which will be the new Giulia saloon, a 3-series rival that will go on sale in autumn 2015.Read our scoop of Alfa's strategy here That’s right.
Infiniti FX Sebastian Vettel – just 200 being built
Thu, 15 Mar 2012Infiniti FX Sebastian Vettel - 200 going on sale The Infiniti FX Sebastian Vettel – a tweaked and titivated FX50S – is going in to production. Just 200 being built. Last year we had an Infiniti FX special edition concept to make the most of Infiniti’s spend on Red Bull Racing – the Infiniti FX Sebastian Vettel – which we subsequently reported was going in to production.
Volkswagen says Italdesign purchase will boost its growth strategy
Tue, 25 May 2010Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday. The Giugiaro family will retain 10 percent in the 42-year-old automotive styling company that is famous for designing cars such as the first-generation Volkswagen Golf. VW CEO Martin Winterkorn said Italdesign will make an important contribution to the automaker's 2018 global growth strategy.