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Alfa Romeo will reportedly become standalone company

Fiat Chrysler Automobiles CEO Sergio Marchionne plans to turn Alfa Romeo into a standalone company, Automotive News Europe reports. Marchionne is expected to announce wide-ranging plans for the brand on May 6 which will see Alfa Romeo become a stand-alone legal entity within Fiat-Chrysler, with a publicly disclosed profit and loss statement. Alfa Romeo is currently part of Fiat Group Automobiles S.p.A., which also contains Lancia, Fiat Professional trucks and vans and the Abarth performance brand.

UK car manufacturing hits six-year high in 2013

UK car manufacturing hits six-year high in 2013 The car market in Europe may have been a painful place in 2013, but that hasn’t stopped UK car manufacturing continuing to grow, with 2013 delivering a total of 1,509,762 cars – the highest total since 2007 and up 3.1 per cent on 2012. That impressive total is made up from a wide variety of car manufacturers, from the volume producers like Jaguar Land Rover, Nissan, Toyota and MINI to smaller sales volume from supercar makers Aston Martin. In fact the rate of growth and investment is so strong – moire than £2.5 billion in investment announcements in 2013 – that the Society of Motor Manufacturers and Traders (SMMT) are reporting that analysts believe the UK’s car manufacturing could break all-time records in the next four years.

Fiat-Chrysler to make Jeeps, Alfas in Italy starting in 2012

Fiat S.p.A. and Chrysler Group will build Alfa Romeo and Jeep models for global distribution as part of a new joint-venture company that will take control over Fiat's Mirafiori plant in Turin, Fiat said Friday. Fiat-Chrysler will invest more than 1 billion euros (more than $1.3 billion) to retool the factory.