Fiat will merge three of its sportiest brands: Abarth, Alfa Romeo and Maserati

Article by Christian A., on August 27, 2010

Fiat S.p.A. will soon have a new brand group created for its sporty Alfa Romeo, Maserati and Abarth marques. Harald J. Wester, who is currently CEO of Maserati and Abarth, will be heading this group, according to people familiar with the matter.

In this role, Wester is tasked to identify potential synergies between Maserati and money-losing Alfa Romeo, which is undergoing a strategic review of its future.

Fiat has owned Maserati since 1993. It sells exclusive luxury sports cars priced from 114,000 euros to 135,000 euros. The Abarth sub-brand, which comprises sporty versions of the Fiat Punto and 500 cars, was relaunched at the 2007 Geneva auto show.

Sources say that Fiat is reviewing options for Alfa, which has lost between 200 million and 400 million euros a year in the past 10 years.

There are two options under consideration for the brand. One option is to freeze investment in the brand after its latest model, the Giulietta, debuts at the Geneva auto show in March.

The Giulietta is expected to replace the 147. What this means is that the Alfa 166 would not be replaced.

The brand would be left with the Giulietta and the MiTo, launched in 2008, as its only fresh models. The rest of Alfa's range (the 159, Brera coupe, Spider and GT coupe) will continue to be available for quite sometime.

If you liked the article, share on:

Comments

Recommended

In the automotive industry, most brands will do what they can to expand their offerings to be present in every potential niche there is. The goal is clearly to increase...
by - April 30, 2017
Just days after unveiling the refreshed 2018 Toyota Yaris hatchback to the North American public at the 2017 New York Auto Show, the Japanese company is now disclosing how much...
by - April 30, 2017
The next generation Volvo XC60 will be soon on its way to dealerships and customers as the Swedish carmaker has already commenced production of the mid-sized sports utility vehicle at...
by - April 30, 2017
In September 27, 2016, Porsche initially filed for a patent that is the “Unique Active Rear Diffuser”. And earlier this week, on April 27, 2017, the United States Patent and...
by - April 29, 2017
The Insurance Institute for Highway Safety (IIHS) has given its Top Safety Pick+ award to the redesigned version of the 2017 Kia Cadenza. This was a result of excellent a...
by - April 29, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries