Join Date: Jan 2013
Location: Saratoga Springs NY
Ferrari Life Posts: 1,004
The Sweater - Marchionne - strikes again
Just cut and pasted from current AUTOMOBILE Magazine:
"Blame China’s economic slowdown and a shift in capital expenditures to Jeep as the key reasons Fiat Chrysler Automobiles has delayed its Alfa Romeo revival by at least two years, to 2020. “Our commitment to the overall brand strategy remains in place” for Alfa Romeo, said FCA CEO Sergio Marchionne, Wednesday, in an investment analysis conference call following FCA’s announcement of a net fiscal year 2015 profit of 377 million euros [$408.9 million]."
New Alfas in 2020. By which time the Sweater will already have been retired two years. IMHO this plunges a dagger into the heart of Alfa enthusiasts in the U.S. and around the world and ends all hope FIAT may have had in restoring the Alfa marque. For shame!
575M F1, Maserati Spyder, Cadillac STS-V & CTS
past: 330/365GTC speciale, F355b, 412GT, 400iA, 308GT4 2+2, 330GT 2+2, Porsche 356b Super 90, BMW 1800ti
what do I know? I drive blue Ferraris