Friday, May 23, 2025
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
Happy With Car
No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS
Happy With Car
No Result
View All Result
Volkswagen Wanted To Buy Alfa Romeo In 2018, But FCA Said No: Report

Volkswagen Wanted To Buy Alfa Romeo In 2018, But FCA Said No: Report

by admin
June 22, 2021
in Market
0 0
0
Share on FacebookShare on Twitter


Let’s fireplace up our imaginary time machine and go to the yr 2011 when then-chairman Ferdinand Piëch mentioned Alfa Romeo would flourish beneath Volkswagen’s umbrella by quadrupling gross sales to 400,000 vehicles inside 5 years. The daring assertion was made throughout a gap speech on the Geneva Motor Present a decade in the past, and just some quick weeks later, VW was at it once more.

The German automotive conglomerate instructed a VW-owned Alfa Romeo would obtain Porsche engines, particularly a brand new turbocharged flat-four that went on to debut within the 2016 Boxster and Cayman. Alfa Romeo’s mum or dad firm promptly responded, with a spokesperson telling Autocar: “We shut the door of their [VW’s] faces and now they’re making an attempt to get within the window.”

Alfa Romeo Giulia Quadrifoglio MY 2020, the test

21 Images

The exact same British journal now experiences the VW Group tried to purchase Alfa Romeo as soon as once more in June 2018 to satisfy a long-standing dream the late Piëch had. Despite the fact that the previous VW supremo now not had any affect on the internal workings of the corporate, Autocar experiences VW’s head honcho Herbert Diess “thought-about it his responsibility to comply with via on Piëch’s request.”

Roughly three years in the past, Diess apparently sat down and had a chat with Fiat Chrysler Cars’ then-CEO Mike Manley and requested him whether or not FCA would conform to promote the Alfa Romeo model. As soon as once more, the fabled Italian marque was out of attain for VW as Manley mentioned FCA was not concerned with parting methods with Alfa.

Quick ahead to 2021, Stellantis says each model in its portfolio will profit from investments within the subsequent 10 years. Sure, that features even struggling manufacturers equivalent to Lancia and DS Cars. It additionally successfully means not one of the automakers belonging to the world’s fourth-largest automotive producers are on the market, so VW’s dream of proudly owning Alfa Romeo will not materialize within the foreseeable future, if ever.

The place would Alfa Romeo even slot in VAG’s huge portfolio? Maybe as a extra inexpensive various to Porsche, particularly for the reason that fashions from Zuffenhausen are getting increasingly more costly. On second thought, Alfas would then conflict with the high-performance Audi S and RS fashions. VW is a grasp of efficiently launching the identical automotive beneath totally different manufacturers, so it might most likely discover a solution to squeeze Alfa into the household.



Source link

Tags: AlfaBuyFCAreportRomeoVolkswagenWanted

Related Posts

Elon Musk to Remain Tesla CEO ‘Unless I Die’
Market

Elon Musk to Remain Tesla CEO ‘Unless I Die’

May 22, 2025
Subaru Just Increased Prices on Nearly All Its Models
Market

Subaru Just Increased Prices on Nearly All Its Models

May 21, 2025
Volkswagen Will Start Using ‘Proper’ Names Again
Market

Volkswagen Will Start Using ‘Proper’ Names Again

May 20, 2025
The Stellantis-Renault Merger Isn’t Happening, Despite Rumors
Market

The Stellantis-Renault Merger Isn’t Happening, Despite Rumors

May 19, 2025
Nissan’s New Boss Candidly Admits What Went Wrong
Market

Nissan’s New Boss Candidly Admits What Went Wrong

May 16, 2025
JLR Just Had its Best Profit in a Decade
Market

JLR Just Had its Best Profit in a Decade

May 14, 2025
Load More
Next Post
Hyundai Mobis develops new lighting and moving grille technology, Auto News, ET Auto

Hyundai Mobis develops new lighting and moving grille technology, Auto News, ET Auto

Keep it Safe and Legal this Fourth of July | News

Keep it Safe and Legal this Fourth of July | News

Categories

  • Auto News (3,338)
  • Automative Reviews (1,876)
  • Car Brands (2,002)
  • Insurance (3,336)
  • Market (1,576)
  • New Cars (2,082)
  • Technology (1,960)
  • Videos (2,079)
Happy With Car

Find the latest automotive news. Read car news from the auto industry including auto shows, latest vehicles, future cars and more.

Categories

  • Auto News
  • Automative Reviews
  • Car Brands
  • Insurance
  • Market
  • New Cars
  • Technology
  • Videos

Recent News

  • Cybersecurity challenges and solutions for software-defined vehicles, ET Auto
  • Ex-Man Utd star Brandon Williams walks free from court after horror 99mph car crash
  • Kia’s Small EV Gets More Range Than Your Tesla
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Happy With Car

No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS

Copyright © 2020 Happy With Car

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In