Alfa Romeo ‘Is Now in a Place to Fund its Personal Future’

It could be arduous to imagine in the event you dwell within the U.S., however in response to Stellantis CEO Carlos Tavares, Alfa Romeo is earning profits. Sufficient cash that the model is truly worthwhile and, thus, not going anyplace anytime quickly. And boy, do we actually need to imagine that’s true.

Autocar experiences that Tavares stated as a lot on the Paris motor present:

Alfa goes very nicely. The enterprise has been circled and it’s worthwhile. It’s now able to fund its personal future – it’s protected. The turnaround was performed even earlier than the launch of Tonale. This shall be a report 12 months for the model. Alfa is ready for the following 10 years. Since we created Stellantis, its turnaround has been spectacular.

If you happen to’re not already acquainted, the Tonale is Alfa’s new compact crossover that’s set to go on sale right here within the spring of subsequent 12 months. We haven’t had the prospect to evaluate the Tonale but, however preliminary critiques from different shops sound fairly constructive. It in all probability received’t print cash the way in which sure Lexus crossovers do, however the obvious success of this utility automobile can solely imply good issues for Alfa, particularly within the U.S.

In any case, it’s not just like the vehicles Alfa at the moment sells right here — the Giulia sport sedan and the Stelvio midsize crossover, have been unattractive or dangerous to drive. (RIP Alfa Romeo 4C, the final true sports activities automobile to return from the legendary Italian model.) However slower-than-expected gross sales pressured Alfa to cut back its plans for the U.S. It’s unlucky, however we get it. The sports activities vehicles we would like aren’t the vehicles that promote nicely right here.

Tavares acknowledged as a lot, saying that Stellantis’ three luxurious manufacturers — Alfa, DS, and Lancia — don’t at the moment contribute a lot to the conglomerate’s total profitability in comparison with some opponents. He did, nevertheless, spin that as a constructive, saying, “So it’s a possibility for us. That is one among our issues working nicely for the time being, and what I see makes me assured.”

So there you go. No want to fret about Alfa Romeo. It’s protected and safe, and possibly, simply possibly, if it sells sufficient Tonales, we’ll truly get a brand new 8C. Ultimately. We hope.