Fiat Chrysler to Invest $7 Billion to Relaunch Alfa Romeo

May 07, 2014 1157

Italian auto giant Fiat Chrysler announced Tuesday that it will invest around $7 billion through 2018 to relaunch the high-end and sporty Alfa Romeo line with eight new models expected.

Fiat said in a strategy presentation that it expects to revive Alfa Romeo with an increase in output from 74,000 cars in 2013 to 400,000 in 2018.

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Source: http://www.industryweek.com

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