Great News: Alfa Romeo is Gaining Traction, FCA Debt-Free?


Alfa Romeo, the petrolhead’s favorite marque,  is now back as the lovable Italian uncle of the American car family. From 66,000 vehicles in 2014 to 170,000 forecasted by end of 2018, the brand can really do no harm with their heavy-hitting lineup.

National Post reports that they’re planning to boost the brand by rolling out seven new launches within five years, including updates to the Giulia and the we-need-to-see-in-North-America-hot-hatch, Giulietta,

” [Alfa Romeo Brand chief Timothy Kuniskis] said ‘the timing of our expansion plans couldn’t be more optimal’ given the premium market is forecast to grow at twice the rate of the mainstream passenger car segment. Like the Jeep and Maserati brands, Alfa will put a fresh focus on electrified powertrains and discontinue diesel”

Also, Fiat Chrysler Automobiles CEO reports that the company will be debt free by the end of this month. Sergio Marchionne informed investors that being debt-free,

“is a fundamental change in how this company is perceived. It is a significant milestone in the process of healing of a structural weakness.”

We at SuperCars.Net wish everyone the best of luck at FCA and we look forward to what the future has in store!